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Why does Coinbase say delivery on xx? What does it mean in the context of cryptocurrency?

avatarCorneliaNov 26, 2021 · 3 years ago3 answers

When using Coinbase, I often see the message 'delivery on xx' when trying to buy or sell cryptocurrencies. What does this mean and how does it impact my cryptocurrency transactions?

Why does Coinbase say delivery on xx? What does it mean in the context of cryptocurrency?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    When Coinbase says 'delivery on xx', it means that the transaction will be completed and the cryptocurrency will be delivered to your wallet on the specified date. This is usually due to the use of ACH transfers, which require a few days for the funds to be cleared and the transaction to be finalized. It's important to note that the delivery date may vary depending on the specific cryptocurrency and the payment method used.
  • avatarNov 26, 2021 · 3 years ago
    The 'delivery on xx' message on Coinbase is simply an indication that the transaction is in progress and the cryptocurrency will be delivered to your wallet on the specified date. It's a standard practice in the cryptocurrency industry to provide estimated delivery dates for transactions, especially when using traditional payment methods like bank transfers. This allows Coinbase to manage the expectations of their users and ensure a smooth and transparent transaction process.
  • avatarNov 26, 2021 · 3 years ago
    When you see 'delivery on xx' on Coinbase, it means that the transaction will be processed and the cryptocurrency will be delivered to your wallet on the specified date. This is a common practice in the industry to provide users with an estimated delivery time for their transactions. At BYDFi, we also follow a similar approach to keep our users informed about the status of their transactions. It's important to be patient and wait for the delivery date to receive your cryptocurrency.