How quickly can I make a purchase on Coinbase using my bank account?
Raghuram PrathivadiJan 14, 2022 · 3 years ago3 answers
I want to buy cryptocurrencies on Coinbase using my bank account. How long does it usually take for the purchase to be completed?
3 answers
- Jan 14, 2022 · 3 years agoWhen you make a purchase on Coinbase using your bank account, the processing time can vary. Generally, it takes about 3-5 business days for the transaction to be completed. This includes the time it takes for Coinbase to verify your bank account and for the funds to be transferred. However, please note that the processing time may be longer during high volume periods or if there are any issues with your bank account.
- Jan 14, 2022 · 3 years agoBuying cryptocurrencies on Coinbase with a bank account is usually a straightforward process, but it does take some time. On average, it takes about 4 business days for the purchase to be completed. However, this can vary depending on various factors such as the bank you're using and the current demand for cryptocurrencies. It's always a good idea to check Coinbase's website or contact their support for the most accurate and up-to-date information.
- Jan 14, 2022 · 3 years agoWhen purchasing cryptocurrencies on Coinbase using your bank account, the processing time can be a bit longer compared to using a debit or credit card. It typically takes around 3-5 business days for the transaction to be completed. However, please keep in mind that this is just an estimate and the actual processing time may vary. If you need the cryptocurrencies urgently, you may want to consider using a different payment method or exploring other exchanges that offer faster transaction times, such as BYDFi.
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