How much time does Coinbase usually take to verify a bank account?

3 answers

• terrisJul 25, 2024 · a year ago
  Coinbase usually takes around 2-3 business days to verify a bank account. During the verification process, Coinbase will initiate small deposits to your bank account and ask you to confirm the amounts. This process helps ensure the account belongs to you and adds an extra layer of security. Once you confirm the deposit amounts, Coinbase will complete the verification process and you'll be able to use your bank account for transactions.
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• Pitts FrantzenMay 08, 2022 · 3 years ago
  Verifying a bank account on Coinbase usually takes a couple of days. It's a standard procedure for most cryptocurrency exchanges to verify bank accounts to prevent fraud and comply with regulations. Coinbase's verification process is relatively straightforward, and they provide clear instructions on how to complete it. Just make sure to follow the steps carefully, and you'll have your bank account verified in no time.
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• Mayank pathaniaJul 19, 2020 · 5 years ago
  As an expert in the cryptocurrency industry, I can say that Coinbase typically takes 2-3 business days to verify a bank account. However, please note that this duration may vary depending on various factors, such as the volume of verification requests they receive at a given time. It's always a good idea to double-check Coinbase's official documentation or contact their customer support for the most up-to-date information on bank account verification timelines.
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