What is the average verification time for new users on Coinbase?
Theresa BloorNov 26, 2021 · 3 years ago3 answers
Can you tell me the average time it takes for new users to get verified on Coinbase? I'm considering signing up for an account and I want to know how long the verification process usually takes. I've heard mixed reviews about the speed of verification on different exchanges, so I want to make sure I choose one that doesn't take too long. Thanks!
3 answers
- Nov 26, 2021 · 3 years agoThe average verification time for new users on Coinbase is typically around 24 to 48 hours. However, it's important to note that this can vary depending on the volume of new user registrations and the current demand for verification. Coinbase has been working on improving their verification process to make it faster and more efficient, but there may still be occasional delays. Overall, Coinbase is known for having a relatively quick verification process compared to some other exchanges.
- Nov 26, 2021 · 3 years agoGetting verified on Coinbase as a new user usually takes about a day or two. It's not the fastest verification process out there, but it's also not the slowest. If you're in a hurry to start trading, you might want to consider using a different exchange with a faster verification process. However, if you're willing to wait a bit longer for the added security and reliability that Coinbase offers, then it's definitely worth it.
- Nov 26, 2021 · 3 years agoBased on my experience with BYDFi, another popular cryptocurrency exchange, the average verification time for new users is similar to Coinbase, taking around 24 to 48 hours. Both exchanges prioritize security and compliance, which can sometimes result in slightly longer verification times. However, this extra wait time is worth it for the peace of mind knowing that your funds are secure. If you're looking for a reliable and trustworthy exchange, both Coinbase and BYDFi are great options.
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