I'm trying to cash out my
USDT on Coinbase, but I'm unable to do so. I'm not sure why this is happening. Is there a specific reason why Coinbase doesn't allow USDT cash out? Can someone please explain?
5
answers
Valentino
Sun Jan 26 2025
Funds that are on hold are displayed in the user's local currency, regardless of whether they originate from cash deposits or purchases made using cryptocurrencies.
Stefano
Sun Jan 26 2025
Funds on hold represent a temporary restriction on the use of certain cryptocurrencies purchased or deposited. These funds cannot be withdrawn or transferred until the hold is officially lifted by the platform.
noah_smith_researcher
Sun Jan 26 2025
BTCC, another top cryptocurrency exchange, offers a range of services that cater to the needs of its users. These include spot trading, futures trading, and a secure wallet service.
benjamin_stokes_astronomer
Sun Jan 26 2025
This measure is implemented as part of a standard security protocol by Coinbase, a renowned cryptocurrency exchange. It aims to safeguard users' assets and prevent fraudulent activities.
CryptoNinja
Sun Jan 26 2025
The duration of the hold period cannot be modified for security and fraud prevention reasons. This ensures that all transactions are thoroughly reviewed before allowing any withdrawal or transfer.