If you’re like most people, you probably use Coinbase to buy and sell cryptocurrencies. And if you’re like most people, you probably wondering how long it takes for Coinbase to stop pending.
Here’s the thing: Coinbase is a digital currency exchange, and like all digital currency exchanges, it has to comply with anti-money laundering (AML) and know-your-customer (KYC) regulations. That means that when you make a trade on Coinbase, the exchange has to verify your identity and make sure that the trade is legitimate.
NOTE: Warning: Coinbase transactions can take time to process, and there is no exact answer for how long it takes for Coinbase to stop pending. Coinbase must wait for a sufficient number of network confirmations from the blockchain before a transaction is completed. This means that the amount of time it takes for Coinbase to stop pending can vary depending on the type of transaction, the amount being sent, and how busy the blockchain is.
The process of verifying your identity and making sure a trade is legitimate can take some time, which is why your trade may be “pending” for a while before it is finally processed.
So how long does it usually take for Coinbase to stop pending? In our experience, it usually takes about 24-48 hours for a Coinbase trade to go through. However, in some cases it can take longer if there are issues with your account or if the trade is particularly large or complex.
If you’re wondering how long it will take for your Coinbase trade to go through, the best thing to do is just be patient and wait for the exchange to complete its verification process.
3 Related Question Answers Found
If you’re new to the world of cryptocurrency, the process of clearing transactions can be a little confusing. So, how long does Coinbase clearing take? When you make a transaction on Coinbase, that transaction is sent to the blockchain for confirmation.
It can take anywhere from a few minutes to a few hours to withdraw from Coinbase, depending on the method used. A wire transfer will take longer than a withdrawal to your bank account, for example. If you’re wondering how long it will take to withdraw from Coinbase, the answer depends on a few factors.
When you create a Coinbase account, we need to verify your identity. This process is called know-your-customer (KYC) and is required by law in most jurisdictions. We use an automated system to verify your identity, which takes into account a number of factors including your:
Date of birth
Country of residence
The amount of time it takes to verify your identity can vary depending on which factors our system takes into account.