Why Does Buying Bitcoin With Coinbase Takes 7 Days

Last Updated on September 10, 2023 by Paganoto

Why does a buy take so long? – Coinbase Help

Coinbase uses the ACH bank transfer system for payments with your bank account. The ACH bank transfer system typically takes 3-5 business days to complete after initiating a purchase.

How long does a purchase or deposit take to complete?

Since your local currency is stored within your Coinbase cash balance account, all standard purchases, as well as those made with a debit card, occur instantly.

Why does a sell take so long? – Coinbase Help

Coinbase will deduct the balance from your source of funds and begin the bank transfer immediately.

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Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.