What is the reason for funds being put on hold in Coinbase?

3 answers

• Dec 27, 2021 · 3 years ago
  When funds are put on hold in Coinbase, it is usually due to security measures. Coinbase takes the security of its users' funds very seriously, and sometimes additional verification is required to ensure the safety of the transactions. This can cause a delay in the availability of funds, but it is done to protect the users from potential fraud or unauthorized access to their accounts.
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• Dec 27, 2021 · 3 years ago
  Funds can also be put on hold in Coinbase if there are suspicious activities detected on the account. This can include unusual login attempts, multiple failed login attempts, or any other activity that raises red flags. In such cases, Coinbase may temporarily restrict the access to the funds until the account owner can verify their identity and confirm that the transactions are legitimate.
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• Dec 27, 2021 · 3 years ago
  At BYDFi, we understand the frustration that can come with funds being put on hold. While it may seem inconvenient, it is important to remember that these measures are in place to protect your assets. If you find your funds on hold in Coinbase, make sure to follow their instructions for verification and contact their support team if you need any assistance. They will guide you through the process and help resolve any issues as quickly as possible.
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