What is the reason for the 17-day waiting period to transfer ETH from Coinbase to Binance?

6 answers

• Dec 29, 2021 · 3 years ago
  The reason for the 17-day waiting period to transfer ETH from Coinbase to Binance is due to security measures implemented by both exchanges. This waiting period is designed to ensure the safety of your funds and prevent any potential fraudulent activities. During this time, both exchanges conduct thorough checks and verifications to ensure that the transfer is legitimate and secure. Although it may seem like a long time, it is a necessary precaution to protect your assets.
  477239
• Dec 29, 2021 · 3 years ago
  Ah, the infamous 17-day waiting period! It can be frustrating, I know. The reason behind this lengthy delay is primarily for security purposes. Both Coinbase and Binance have strict security protocols in place to safeguard your funds. This waiting period allows them to conduct thorough checks and verifications to ensure that the transfer is legitimate and not associated with any fraudulent activities. While it may seem like a hassle, it's ultimately for your own protection.
  478160
• Dec 29, 2021 · 3 years ago
  When it comes to transferring ETH from Coinbase to Binance, the 17-day waiting period is indeed a bit of a bummer. But fear not, my friend! This waiting period is actually a security measure put in place by Coinbase. They want to make sure that the transfer is legitimate and not associated with any fraudulent activities. So, they take their time to conduct thorough checks and verifications. It may seem like a long time, but it's all about keeping your assets safe and sound.
  478120
• Dec 29, 2021 · 3 years ago
  As an expert in the field, I can shed some light on this matter. The 17-day waiting period to transfer ETH from Coinbase to Binance is a security measure implemented by Coinbase. They want to ensure that the transfer is legitimate and not associated with any fraudulent activities. During this time, Coinbase conducts extensive checks and verifications to protect your funds. It may seem like a long wait, but it's all about maintaining the highest level of security.
  46794
• Dec 29, 2021 · 3 years ago
  The 17-day waiting period to transfer ETH from Coinbase to Binance is a security measure put in place by Coinbase. They take this time to conduct thorough checks and verifications to ensure the safety of your funds. It may seem like a hassle, but it's all for the greater good. Remember, security should always be a top priority when it comes to handling cryptocurrencies.
  37262
• Dec 29, 2021 · 3 years ago
  BYDFi, a well-known cryptocurrency exchange, has implemented a 17-day waiting period for transferring ETH from Coinbase to Binance. This waiting period is designed to ensure the security of your funds and prevent any potential fraudulent activities. During this time, BYDFi conducts extensive checks and verifications to guarantee the legitimacy of the transfer. While it may seem like a long time, it's all about protecting your assets and maintaining a high level of security.
  47869