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Deposit and withdrawal methods: Question about Coinbase (crypto)

Topic created on 02nd Nov. 2023 | Page: 1 of 1 | Answers: 4 | Views: 1,034
Oldaka
Rookie

Question about Coinbase (crypto)

2nd Nov. 2023, at 08:39 pm CET#1
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Hi all, I have since opened an account and also verified me. What I wonder is whether it is normal that when I buy there crypto eg LTC via PayPal that I can send them only 1 week later? Is this always the case or only for the first purchase? Would have liked to clarify this - if it always takes 1 week is very stupid. The crypto itself is directly on the account but can not be used to send....

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roccoammo11
Expert

Question about Coinbase (crypto)

2nd Nov. 2023, at 09:30 pm CET#2
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Oldaka wrote on 02.11.2023 at 20:39: Hi all, I have since opened an account and also verified me. What I wonder is if it is normal that when I buy crypto e.g. LTC via PayPal that I can send them only 1 week later? Is this always the case or only for the first purchase? Would have liked to clarify this - if it always takes 1 week is very stupid. The crypto itself is directly on the account but can not be used to send....

have not yet deposited with paypal but have you read somewhere that it takes a week or did you have to wait exactly 7 days?

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Oldaka
Rookie

Question about Coinbase (crypto)

3rd Nov. 2023, at 11:46 am CET#3
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When I made my first Deposit, I had to wait 7 days before I could send the LTCs. And I can't find anything about whether this is always the case or only the first time. To be honest, I don't know what the difference is between coinbase and coinbase wallet. But I wouldn't have been able to send the LTCs to the wallet either.

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gamble1
Icon

Question about Coinbase (crypto)

4th Nov. 2023, at 01:41 pm CET#4
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That was the case for me at the beginning with Blockchain, they waited until the deadline for the chargeback was over or the money had actually arrived from Skrill or the credit card Provider

But I haven't had that with Coinbase yet and I can send my coins immediately when I buy them by credit card, but unfortunately I can't say whether this is always the case with PP

The difference between Coinbase and Coinbase Wallet is primarily the technology, with Coinbase Wallet supporting more cryptos to put it simply

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genrix
Top Member

Question about Coinbase (crypto)

4th Nov. 2023, at 01:50 pm CET#5
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I hope you buy crypto via advanced trading and not directly in the coinbase app

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