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What is the waiting period for selling Bitcoin bought on Coinbase?

avatarsahil MushfiqDec 29, 2021 · 3 years ago3 answers

I recently bought some Bitcoin on Coinbase and I'm wondering how long I have to wait before I can sell it. Can someone please explain the waiting period for selling Bitcoin bought on Coinbase?

What is the waiting period for selling Bitcoin bought on Coinbase?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The waiting period for selling Bitcoin bought on Coinbase depends on the type of account you have. For users with a verified account, there is typically no waiting period and you can sell your Bitcoin immediately. However, if you have a new or unverified account, there may be a waiting period of up to 7 days before you can sell your Bitcoin. This waiting period is in place to prevent fraud and ensure the security of transactions. Once the waiting period is over, you can sell your Bitcoin at any time.
  • avatarDec 29, 2021 · 3 years ago
    When it comes to selling Bitcoin bought on Coinbase, the waiting period can vary depending on your account status. If you have a verified account, you can sell your Bitcoin right away without any waiting period. However, if your account is new or unverified, there might be a waiting period of up to 7 days. This waiting period is a security measure implemented by Coinbase to protect users and prevent fraudulent activities. Once the waiting period is over, you are free to sell your Bitcoin.
  • avatarDec 29, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange platform, the waiting period for selling Bitcoin bought on Coinbase is usually determined by the account verification status. If your account is verified, there is typically no waiting period and you can sell your Bitcoin immediately. However, if you have a new or unverified account, there may be a waiting period of up to 7 days. This waiting period is in place to ensure the security of transactions and prevent fraudulent activities. Once the waiting period is over, you can sell your Bitcoin without any restrictions.