Post
Topic
Board Exchanges
Re: Money stuck in CoinBase, how to get out ?
by
adam2018
on 14/12/2017, 22:24:21 UTC
Hey mate, it took me ages to get verified with them. Also when I withdrew funds they locked them in a hold for 72 hours or so unless I re-verified again (bloody frustrating). Essentially with the massive increase in account numbers it can take well over a week to get verified. Be patient. It's annoying but it'll happen. I've since moved to Bitcoin ATMs directly to my exchange wallet for trading or offline wallet for holding. Faster, more convenient and actual control over my money so it's not being held hostage by a third company which crashes whenever there's significant price movement.

Thank you for the replies Redbackone, really appreciate it, and it is reassuring. 

Its just that on the website it says 1-2 business days. I guess we can 10x that timeframe with the volume they are getting. Just wish they would 10x the Hiring side of their customer support too Tongue

Also does Bitcoin ATMs allow you to withdraw or only deposit ? I will have to look into that.

Agree with offline hardware storage (i recently ordered a ledger NANO S) as  being the best way to HODL on your coins. Just think of a mother Hen sitting on her eggs  Cool

Hey, if coinbase was a company you could buy shares in - i would sell the wheels off my Car to buy them because of the insane amount of money flooding into their coffers.