What is the waiting period for sending BTC after purchasing it on Coinbase?
Swagato BhattacharyyaDec 18, 2021 · 3 years ago3 answers
After purchasing BTC on Coinbase, how long do I have to wait before I can send it to another wallet?
3 answers
- Dec 18, 2021 · 3 years agoThe waiting period for sending BTC after purchasing it on Coinbase depends on your account level. For users with a verified account, the waiting period is typically 7 days. During this time, Coinbase holds the BTC in your account to ensure the transaction is secure. After the waiting period, you can freely send your BTC to another wallet.
- Dec 18, 2021 · 3 years agoOnce you purchase BTC on Coinbase, you'll need to wait for a certain period before you can send it to another wallet. The waiting period varies depending on your account level. For most users, it's 7 days. This waiting period is in place to prevent fraudulent transactions and ensure the security of your funds. After the waiting period, you can transfer your BTC to any wallet you choose.
- Dec 18, 2021 · 3 years agoWhen you buy BTC on Coinbase, there is a waiting period before you can send it to another wallet. This waiting period is a security measure implemented by Coinbase to protect users from unauthorized transactions. The duration of the waiting period depends on your account level and can range from 3 to 7 days. Once the waiting period is over, you can transfer your BTC to any wallet you want, including BYDFi, a popular decentralized exchange for cryptocurrencies.
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