What are the implications of Coinbase's 25-day hold on funds?

1 answers

• SchaniaJan 09, 2022 · 4 years ago
  At BYDFi, we understand the importance of security in the cryptocurrency industry. Coinbase's decision to implement a 25-day hold on funds is a step towards enhancing the security of user funds. This policy allows Coinbase to conduct thorough reviews of transactions, reducing the risk of fraudulent activities and unauthorized access. While it may cause temporary inconvenience, it ultimately benefits the users by minimizing the chances of fund loss. As a user, it's crucial to understand the rationale behind this decision and appreciate the efforts made by exchanges to protect your assets. Remember, security should always be a top priority in the world of cryptocurrencies.
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