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Coinbase delayed transactions

1 year ago

ID: #762881

Listed In : Accounting

Business Description

Coinbase has recently given users a choice to whitelist crypto addresses and enable 2FA before sending any funds off the platform. The reason being cited by the exchange is to enhance security and reduce fraud. However, as Coinbase delays withdrawals by 48-hours many believe that it is to reduce the market bleeding and keep the liquidity of the exchange intact.

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