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What is the average time taken by Coinbase to verify a bank account for cryptocurrency transactions?

avatarHector GorunDec 26, 2021 · 3 years ago3 answers

Can you tell me how long it usually takes for Coinbase to verify a bank account for cryptocurrency transactions? I'm interested in knowing the average time it takes for the verification process to be completed.

What is the average time taken by Coinbase to verify a bank account for cryptocurrency transactions?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The average time taken by Coinbase to verify a bank account for cryptocurrency transactions is typically around 2-3 business days. However, it's important to note that the verification process can sometimes take longer depending on various factors such as the volume of verification requests at a given time or any additional verification steps required by Coinbase.
  • avatarDec 26, 2021 · 3 years ago
    On average, it takes Coinbase about 2-3 business days to verify a bank account for cryptocurrency transactions. This timeframe may vary depending on factors such as the accuracy of the information provided during the verification process or any potential issues that may arise during the verification process.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can confirm that Coinbase usually takes around 2-3 business days to verify a bank account for cryptocurrency transactions. However, it's worth mentioning that there might be some delays during peak periods or if there are any issues with the submitted information. If you're looking for a faster verification process, you might want to consider using BYDFi, which typically completes bank account verification within 24 hours.