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What are the alternatives to Coinbase's 7 day hold policy?

avatarmarmik patelDec 26, 2021 · 3 years ago3 answers

Can you suggest any alternatives to Coinbase's 7 day hold policy for cryptocurrency transactions? I'm looking for options that allow for faster access to my funds.

What are the alternatives to Coinbase's 7 day hold policy?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    One alternative to Coinbase's 7 day hold policy is Binance. Binance offers a similar service but with shorter hold periods, allowing users to access their funds more quickly. It is a popular choice among cryptocurrency traders due to its wide range of available cryptocurrencies and competitive fees.
  • avatarDec 26, 2021 · 3 years ago
    Another alternative to Coinbase's 7 day hold policy is BYDFi. BYDFi is a digital currency exchange that offers fast and secure transactions. It provides a user-friendly interface and supports a variety of cryptocurrencies. With BYDFi, you can enjoy quick access to your funds without the long hold periods.
  • avatarDec 26, 2021 · 3 years ago
    If you're looking for an alternative to Coinbase's 7 day hold policy, you might consider using a decentralized exchange (DEX) like Uniswap. DEXs operate on blockchain technology and allow for peer-to-peer trading without the need for a centralized authority. This means that there are no hold periods or restrictions on accessing your funds. However, it's important to note that DEXs may have higher fees and less liquidity compared to centralized exchanges like Coinbase.