How much time does Coinbase keep funds for transactions involving cryptocurrencies?
Jialiang ChenDec 18, 2021 · 3 years ago3 answers
Can you tell me how long Coinbase keeps funds for transactions involving cryptocurrencies?
3 answers
- Dec 18, 2021 · 3 years agoCoinbase typically holds funds for transactions involving cryptocurrencies for a certain period of time. The exact duration may vary depending on the type of transaction and the specific cryptocurrency involved. It is recommended to check Coinbase's terms of service or contact their customer support for the most accurate and up-to-date information.
- Dec 18, 2021 · 3 years agoWhen it comes to holding funds for transactions involving cryptocurrencies, Coinbase usually follows industry standards. This means that the duration can vary depending on factors such as network congestion and blockchain confirmations. It's always a good idea to keep an eye on your transaction status and consult Coinbase's support if you have any concerns.
- Dec 18, 2021 · 3 years agoAs an expert in the field, I can say that Coinbase typically holds funds for transactions involving cryptocurrencies until the transaction is confirmed on the blockchain. This confirmation process can take anywhere from a few minutes to several hours, depending on the cryptocurrency and network conditions. However, it's important to note that Coinbase's policies may change over time, so it's best to refer to their official documentation for the most accurate information.
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