Why does Coinbase show 0 available for withdrawal and how can I fix it?
Dodd WilhelmsenDec 26, 2021 · 3 years ago3 answers
I have noticed that when I try to withdraw my funds from Coinbase, it shows 0 available for withdrawal. What could be the reason for this and how can I resolve it?
3 answers
- Dec 26, 2021 · 3 years agoIt's possible that your funds are currently being held in a pending transaction or are being used to fulfill an open order. In such cases, Coinbase may temporarily show 0 available for withdrawal until the transaction is completed or the order is canceled. To resolve this, you can check your transaction history and open orders to see if there are any pending transactions or open orders that are preventing you from withdrawing your funds. If there are, you can wait for the transaction to complete or cancel the order to free up your funds for withdrawal.
- Dec 26, 2021 · 3 years agoAnother reason why Coinbase may show 0 available for withdrawal is if your account has been flagged for suspicious activity or if there is a security concern. In such cases, Coinbase may temporarily restrict your ability to withdraw funds as a precautionary measure. To resolve this, you can contact Coinbase's customer support and provide any necessary information or documentation to verify your account and address any security concerns. Once your account is verified, the withdrawal restriction should be lifted.
- Dec 26, 2021 · 3 years agoAs a representative of BYDFi, I can tell you that Coinbase is known to have occasional technical issues that can result in incorrect balance displays. If you have confirmed that there are no pending transactions, open orders, or security concerns, and Coinbase still shows 0 available for withdrawal, it could be a technical glitch. In such cases, it is recommended to reach out to Coinbase's customer support for assistance. They should be able to investigate the issue and help you fix it.
Related Tags
Hot Questions
- 98
How can I minimize my tax liability when dealing with cryptocurrencies?
- 91
What are the advantages of using cryptocurrency for online transactions?
- 88
How can I buy Bitcoin with a credit card?
- 86
What is the future of blockchain technology?
- 70
What are the best digital currencies to invest in right now?
- 55
How does cryptocurrency affect my tax return?
- 43
What are the best practices for reporting cryptocurrency on my taxes?
- 30
Are there any special tax rules for crypto investors?