Is it normal for Coinbase to keep my funds on hold for 12 days?

5 answers

• Nov 29, 2021 · 3 years ago
  It is not uncommon for Coinbase to place funds on hold for a certain period of time. This is done as a security measure to prevent fraudulent activities and ensure the safety of your funds. The duration of the hold may vary depending on several factors, including the source of the funds and the user's account history. It is recommended to reach out to Coinbase's customer support for more information on the specific reasons for the hold and the expected release date of your funds.
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• Nov 29, 2021 · 3 years ago
  Yes, it is normal for Coinbase to hold funds for a certain period of time. This is a standard practice in the cryptocurrency industry to mitigate the risk of chargebacks and fraudulent transactions. The duration of the hold can vary depending on various factors, such as the type of transaction and the user's account history. It is advisable to check Coinbase's terms of service or contact their customer support for more details on their specific hold policies.
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• Nov 29, 2021 · 3 years ago
  As an expert in the cryptocurrency industry, I can confirm that Coinbase does have a policy of placing funds on hold for a certain period of time. This is to ensure the security and integrity of the platform and protect users from potential scams or fraudulent activities. However, the duration of the hold can vary depending on the specific circumstances. If you have concerns about the length of the hold, I recommend reaching out to Coinbase's customer support for clarification.
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• Nov 29, 2021 · 3 years ago
  While I cannot speak specifically for Coinbase, it is common for cryptocurrency exchanges to implement fund holds as a security measure. These holds are typically put in place to prevent unauthorized transactions and protect users' funds. The duration of the hold can vary depending on the exchange's policies and the nature of the transaction. If you have concerns about the hold on your funds, I suggest contacting Coinbase's customer support for more information.
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• Nov 29, 2021 · 3 years ago
  Coinbase, like many other cryptocurrency exchanges, may place funds on hold for a certain period of time. This is a precautionary measure to ensure the security of transactions and protect users from potential fraud. The duration of the hold can vary depending on factors such as the source of the funds and the user's account history. If you have concerns about the hold on your funds, it is best to reach out to Coinbase's customer support for clarification and assistance.
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