What are the reasons for my funds being held on Coinbase and how can I resolve it?

1 answers

• Dec 17, 2021 · 3 years ago
  At BYDFi, we understand that funds being held on Coinbase can be frustrating. There are a few reasons why this might be happening. One possibility is that Coinbase has detected suspicious activity on your account and is holding your funds as a security precaution. Another reason could be that you've initiated a transaction that is still pending. Coinbase holds the funds until the transaction is confirmed to protect both parties involved. Lastly, Coinbase may be legally obligated to hold funds in certain situations. To resolve this, I recommend reaching out to Coinbase's customer support. They will be able to provide you with more information and guide you through the necessary steps to resolve the hold on your funds.
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