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Why are my funds locked on Coinbase and how can I fix it?

avatarMr FirmanDec 25, 2021 · 3 years ago3 answers

I recently noticed that my funds are locked on Coinbase and I'm unable to access them. What could be the reason behind this and how can I resolve it?

Why are my funds locked on Coinbase and how can I fix it?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    It's possible that your funds are locked on Coinbase due to security measures. Coinbase takes the safety of its users' funds seriously and may temporarily lock them if any suspicious activity is detected. To fix this, you can try contacting Coinbase support and providing any necessary information to verify your identity. They will guide you through the process of unlocking your funds.
  • avatarDec 25, 2021 · 3 years ago
    Funds being locked on Coinbase can also occur if you have violated their terms of service or engaged in any prohibited activities. In such cases, Coinbase may freeze your account and lock your funds as a precautionary measure. To resolve this, you should review Coinbase's terms of service and ensure that you are in compliance. If you believe your funds were locked in error, you can reach out to Coinbase support for further assistance.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, we understand the frustration of locked funds. It's important to note that Coinbase is a separate entity and we cannot directly assist with unlocking your funds on their platform. However, we recommend following the steps provided by Coinbase support to resolve the issue. If you have any other questions or need assistance with other aspects of cryptocurrency trading, feel free to reach out to us.