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What is the typical duration for Coinbase to approve my ID verification for digital asset transactions?

avatarSatriaraDec 25, 2021 · 3 years ago3 answers

I recently signed up for Coinbase and submitted my ID verification documents. I'm wondering how long it usually takes for Coinbase to approve the verification process for digital asset transactions? Can anyone share their experience or provide some insights on the typical duration?

What is the typical duration for Coinbase to approve my ID verification for digital asset transactions?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Typically, Coinbase takes around 1-3 business days to review and approve ID verification for digital asset transactions. However, the duration may vary depending on the volume of verification requests they receive. It's always a good idea to ensure that you have submitted all the required documents accurately to avoid any delays in the process.
  • avatarDec 25, 2021 · 3 years ago
    From my personal experience, Coinbase usually approves ID verification within 2 business days. However, during peak times or high demand, it may take a bit longer. It's important to note that Coinbase prioritizes security and compliance, so the verification process may require some additional time to ensure the safety of your transactions.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the digital asset industry, I can tell you that Coinbase is known for its efficient ID verification process. On average, they approve ID verification within 1-2 business days. However, keep in mind that this duration can be influenced by various factors, such as the accuracy of the submitted documents and the overall demand for verification at a given time.