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What happens if I overdrew my Coinbase account?

avatarSteele PilgaardDec 17, 2021 · 3 years ago3 answers

If I overdrew my Coinbase account, what would happen?

What happens if I overdrew my Coinbase account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    If you overdrew your Coinbase account, it means you spent more money than you had available in your account. In this case, Coinbase will likely charge you an overdraft fee and your account balance will become negative. It's important to note that Coinbase is not a bank, so the consequences of overdrawing your account may differ from traditional banking institutions. Make sure to check Coinbase's terms and conditions for more information on their overdraft policies.
  • avatarDec 17, 2021 · 3 years ago
    If you overdrew your Coinbase account, you might face some consequences. Coinbase could charge you an overdraft fee, and your account balance will go negative. It's always a good idea to keep track of your account balance and avoid spending more than you have to prevent overdrawing your account.
  • avatarDec 17, 2021 · 3 years ago
    If you overdrew your Coinbase account, you would be charged an overdraft fee by Coinbase. This fee is typically a percentage of the overdrafted amount. Your account balance will become negative, and you'll need to deposit funds to cover the negative balance. It's important to manage your account balance properly to avoid overdrawing and incurring fees.