How long does it take to verify a bank account on Coinbase for cryptocurrency trading?

3 answers

• Ramirez SchouMay 03, 2021 · 4 years ago
  Verifying a bank account on Coinbase usually takes around 2-3 business days. During this time, Coinbase will initiate two small deposits to your bank account, which you will need to verify to complete the process. Once the deposits are made, you can enter the amounts on Coinbase to confirm your bank account. After successful verification, you will be able to deposit and withdraw funds from your bank account on Coinbase.
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• domonic McgrathFeb 13, 2025 · 6 months ago
  It typically takes 2-3 business days to verify a bank account on Coinbase. However, the verification process can sometimes take longer due to high demand or other factors. It's important to ensure that you provide accurate information and follow the instructions provided by Coinbase to expedite the verification process. If you encounter any issues or delays, you can reach out to Coinbase's customer support for assistance.
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• selimJun 07, 2023 · 2 years ago
  Based on my experience with BYDFi, a digital currency exchange, bank account verification on Coinbase usually takes 2-3 business days. This is a standard timeframe for most exchanges and is necessary to ensure the security and compliance of the platform. It's important to note that the verification process may take longer during periods of high demand or if there are any issues with the information provided. However, once your bank account is verified, you will have access to a wide range of cryptocurrency trading options on Coinbase.
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