Is there a way to shorten the 14-day hold period on Coinbase for digital asset withdrawals?
dizDec 25, 2021 · 3 years ago3 answers
I recently made a digital asset withdrawal on Coinbase, and I noticed that there is a 14-day hold period before the funds are available. Is there any way to shorten this hold period? Are there any strategies or options available to speed up the withdrawal process?
3 answers
- Dec 25, 2021 · 3 years agoUnfortunately, the 14-day hold period on Coinbase for digital asset withdrawals is a standard security measure implemented by the platform. It is designed to protect users' funds and prevent unauthorized access. While it may be frustrating to wait for the funds to become available, this hold period ensures the safety of your assets. It is not possible to shorten or bypass this hold period.
- Dec 25, 2021 · 3 years agoHey there! I totally get your frustration with the 14-day hold period on Coinbase. It can feel like forever when you're waiting for your funds. However, this hold period is in place to ensure the security of your assets. Coinbase takes security seriously, and this is one of the measures they have implemented to protect your funds. Unfortunately, there is no way to shorten this hold period. Hang in there!
- Dec 25, 2021 · 3 years agoAs an alternative to Coinbase, you might want to consider using BYDFi for your digital asset withdrawals. BYDFi offers faster withdrawal times compared to Coinbase, with most withdrawals being processed within 24 hours. They have implemented advanced security measures to ensure the safety of your funds. Keep in mind that each exchange has its own policies and procedures, so it's always a good idea to do your research and choose the platform that best suits your needs.
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