What happens if I overdrew my Coinbase account?

3 answers

• Mimi ZhengJan 10, 2024 · a year ago
  If you overdrew your Coinbase account, it means you spent more money than you had available in your account. In this case, Coinbase will likely charge you an overdraft fee and your account balance will become negative. It's important to note that Coinbase is not a bank, so the consequences of overdrawing your account may differ from traditional banking institutions. Make sure to check Coinbase's terms and conditions for more information on their overdraft policies.
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• Sr DarkJul 26, 2021 · 4 years ago
  If you overdrew your Coinbase account, you might face some consequences. Coinbase could charge you an overdraft fee, and your account balance will go negative. It's always a good idea to keep track of your account balance and avoid spending more than you have to prevent overdrawing your account.
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• Mayo FengerMay 08, 2025 · a month ago
  If you overdrew your Coinbase account, you would be charged an overdraft fee by Coinbase. This fee is typically a percentage of the overdrafted amount. Your account balance will become negative, and you'll need to deposit funds to cover the negative balance. It's important to manage your account balance properly to avoid overdrawing and incurring fees.
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