I made a transaction on Coinbase and was informed that I would have to wait for 10 days. I'm wondering why there's such a long waiting period. Is this normal, or is there a specific reason behind this delay?
            
            
            
            
            
            
           
          
          
            5 answers
            
            
  
    
    Elena
    Tue Dec 03 2024
   
  
    Specifically, you will need to wait for up to ten days for the payment to clear before you can utilize the deposited amount.
  
  
 
            
            
  
    
    Stefano
    Tue Dec 03 2024
   
  
    Coinbase often holds funds due to its clearing period for deposited money.
  
  
 
            
            
  
    
    CryptoNinja
    Tue Dec 03 2024
   
  
    During this time, the funds are held and cannot be withdrawn.
  
  
 
            
            
  
    
    Raffaele
    Tue Dec 03 2024
   
  
    This period is a standard procedure for the company to ensure the security of transactions.
  
  
 
            
            
  
    
    CryptoVisionary
    Tue Dec 03 2024
   
  
    When you deposit local currency or any other fiat to a Coinbase account that is new or has no balance, you may experience a delay in using those funds.