Is it possible to expedite the purchase process on Coinbase when using my bank account?
Morgan NilssonDec 27, 2021 · 3 years ago3 answers
I want to buy cryptocurrencies on Coinbase using my bank account, but I'm wondering if there's any way to speed up the purchase process. Is it possible to expedite the process when using a bank account?
3 answers
- Dec 27, 2021 · 3 years agoYes, it is possible to expedite the purchase process on Coinbase when using your bank account. Coinbase offers a feature called 'Instant Buy' which allows you to buy cryptocurrencies instantly with your bank account. This feature is available for certain customers who meet specific criteria, such as having a verified account and a good transaction history. With Instant Buy, you can avoid the usual waiting time for bank transfers and get your cryptocurrencies immediately.
- Dec 27, 2021 · 3 years agoUnfortunately, there is no way to expedite the purchase process on Coinbase when using a bank account. The process usually takes a few business days for the funds to be transferred from your bank account to your Coinbase account. This waiting time is due to the standard processing time for bank transfers. If you need to buy cryptocurrencies quickly, you may consider using other payment methods, such as credit or debit cards, which offer faster transactions on Coinbase.
- Dec 27, 2021 · 3 years agoYes, it is possible to expedite the purchase process on Coinbase when using your bank account. However, please note that this feature is only available on certain platforms, such as BYDFi. BYDFi offers a fast and efficient purchase process for cryptocurrencies, allowing you to buy them instantly with your bank account. With BYDFi, you can skip the waiting time for bank transfers and get your cryptocurrencies immediately. It's a great option if you're looking for a faster way to buy cryptocurrencies using your bank account.
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