Why does Coinbase take so long to clear funds?
This means that the funds may take a few days to clear and be available in your Coinbase account. Additionally, if your bank account is new or there is any other issue with the account, the funds may take longer to clear.
For US customers, Coinbase uses the ACH bank transfer system for transfers to your bank account. The ACH bank transfer system typically takes 3-5 business days to complete after initiating a sell or withdrawal. Coinbase will deduct the balance from your source of funds and begin the bank transfer immediately.
Funds on hold
When you use a linked bank account (ACH) to buy crypto or add cash to your account balance, the funds are placed on hold and won't be immediately available to send or cash out. Think of this like depositing a check to your bank account and having to wait for it to clear before you can remove the funds.
When you initiate a transaction, we broadcast it to the rest of the network so it can be confirmed. Our nodes may lose sync with the rest of the network for short periods of time, which can cause transactions to remain Pending longer than normal.
Select the pending transaction. Select the blue lightning button. Confirm that you want to speed up the transaction.
For US customers, Coinbase uses the ACH bank transfer system for payments with your bank account. The ACH bank transfer system typically takes 3-5 business days* to complete after initiating a purchase.
If you're having issues viewing your updated balance after a recent transaction in your Wallet, try signing in then signing out of the Coinbase Wallet app to resolve the issue.
Yes, Coinbase can hold funds for 7 business days. This is a security measure that Coinbase takes to protect its users' funds. During this time, Coinbase will conduct a number of checks to verify your identity and source of funds.
If you would like to release your funds from being on hold, you'll need to cancel the associated open order and/or close your futures positions.
Funds on hold
During the hold period, you can still sell or trade crypto that you bought with these funds, or you can use the funds to buy crypto. However, until the hold is removed, you won't be able to cash the funds out or send any crypto bought with these funds from your Coinbase account.
Why is my crypto transaction taking so long?
It takes some time for the transactions to get confirmed on the blockchain and depending on the fees you selected, it may take from 1 minute to several hours. Network congestion also has a big impact on how long you need to wait. If many people are doing transactions right now, it will increase the waiting time.
Bitcoin transactions will usually get 1 confirmation within 10 minutes. If you sent too low of a fee, it could be longer than 10 minutes. If several hours have passed without your Bitcoin transaction being confirmed, just wait. If more than 72 hours have gone by without confirmation, resend your transaction.
When you sell your cryptocurrency (crypto) the total payout is deposited into your primary balance. A transaction fee will be applied to each sale.
Most pending transactions disappear within 1-7 days. But, some can be stubborn. For instance, using your credit card overseas can sometimes take a whopping 30 days to clear.
If you have a linked bank account or Visa Fast Funds-enabled credit and debit card on your Coinbase.com account, you may be able to instantly and securely cash out using your card.
Bitcoin's transaction times can vary greatly, ranging anywhere from ten minutes to one day. However, it will usually take between thirty minutes and two hours to complete the process. It is worth keeping in mind that the average transaction time tends to be around one hour.
| Asset | Typical time pending |
|---|---|
| Bitcoin | 60 minutes or less |
| Monero | 20 minutes or less |
| Dash | 15 minutes or less |
| BNB | 5 minutes or less |
Wired funds will typically appear in your account within 2-3 business days. Contact Coinbase support if you have any issues with your wire.
When will my paycheck be deposited into Coinbase? You'll be able to see the Direct Deposit funds once your paycheck has been deposited and accepted by our bank partner, Pathward®, N.A. Note that this process can take 3-5 business days from the day that your paycheck was processed by your employer.
US Customers
Purchases made using a debit card or the USD balance are instant. Bank purchases use the ACH transfer system, which typically takes 3-5 business days to complete (timing is displayed prior to confirming your order and in the confirmation email).
Is it safe to hold funds on Coinbase?
Coinbase is generally considered to be a safe and reliable platform for storing and trading cryptocurrencies, and the company takes a variety of steps to protect user funds. However, as with any financial institution, there is always a risk of loss or theft.
Withdrawals of fiat currency are limited. Coinbase Exchange account holders have a default withdrawal limit of $100,000 per day.
Coinbase has implemented a "withdrawal lock" policy for security reasons. Essentially, this policy prevents users from withdrawing all of their funds from their Coinbase account at once.
Yep! If you just want to buy, hold, and sell some crypto, the easiest way to do all of that is to set up an account with a crypto exchange like Coinbase. When you set up a Coinbase account, we provide you with a hosted crypto wallet that safely stores your holdings.
The vast majority of Coinbase client cash is stored in FDIC-insured bank accounts and U.S. government money market funds to keep it safe and liquid. Like all assets on Coinbase, we hold client cash 1:1 and your assets are your assets.
