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Why is my Coinbase account under review and how long does it usually take?

avatarKasuni KuruppuarachchiDec 17, 2021 · 3 years ago3 answers

I recently noticed that my Coinbase account is under review. What could be the reason for this and how long does the review process typically take?

Why is my Coinbase account under review and how long does it usually take?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    There could be several reasons why your Coinbase account is under review. It could be due to suspicious activity, a large transaction, or a security concern. The review process is typically completed within a few business days, but it can take longer depending on the complexity of the issue and the volume of reviews Coinbase is currently handling. During the review, you may not be able to perform certain actions on your account, such as buying or selling cryptocurrencies. It's important to be patient and wait for Coinbase to complete the review process to ensure the security of your account.
  • avatarDec 17, 2021 · 3 years ago
    Don't worry, it's not uncommon for Coinbase to put accounts under review. This is just a security measure to protect your funds and prevent any unauthorized access. The review process usually takes a few days, but it can vary depending on the specific circumstances. Coinbase has to carefully analyze the account activity and verify the information provided to ensure compliance with regulations and prevent fraud. While your account is under review, you may experience temporary limitations on certain account functionalities. Just hang in there and wait for Coinbase to complete the review process.
  • avatarDec 17, 2021 · 3 years ago
    When your Coinbase account is under review, it means that Coinbase is conducting a thorough examination of your account activity. This is a standard procedure to ensure the safety and security of your funds. The review process typically takes a few business days, but it can take longer if there are any complications or if Coinbase is experiencing a high volume of reviews. During the review, you may not be able to make any transactions or access certain features on your account. Rest assured that Coinbase is working diligently to complete the review and will notify you once it's done. If you have any concerns or questions, you can reach out to Coinbase's customer support for assistance.