Cryptocurrency Q&A Why won't Coinbase let me cash out?

Why won't Coinbase let me cash out?

Lucia Lucia Thu May 09 2024 | 7 answers 1682
I'm puzzled as to why Coinbase won't allow me to cash out my funds. I've been a loyal user of their platform for quite some time, and have never had any issues with transactions in the past. However, recently, when I tried to withdraw my crypto assets, I encountered a series of obstacles. Despite following all the necessary steps and verifying my identity multiple times, I'm still unable to complete the cash-out process. Could it be a technical glitch? Or am I missing something crucial? I'm really eager to get to the bottom of this matter and resolve it as soon as possible. Any insights or suggestions would be greatly appreciated. Why won't Coinbase let me cash out?

7 answers

emma_grayson_journalist emma_grayson_journalist Sat May 11 2024
You may continue to sell or trade crypto purchased with these funds.

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BlockchainWizardGuard BlockchainWizardGuard Sat May 11 2024
Additionally, you can utilize the held funds to acquire more crypto.

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Thunderbolt Thunderbolt Sat May 11 2024
However, it's important to note that you cannot withdraw the funds as cash.

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SeoulSerenity SeoulSerenity Sat May 11 2024
Furthermore, crypto purchased with these funds cannot be sent from your Coinbase account.

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Caterina Caterina Sat May 11 2024
During the hold period, funds are temporarily unavailable for certain actions.

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