Why does Coinbase say delivery on xx? What does it mean in the context of cryptocurrency?
nowrin rashidMay 07, 2022 · 3 years ago3 answers
When using Coinbase, I often see the message 'delivery on xx' when trying to buy or sell cryptocurrencies. What does this mean and how does it impact my cryptocurrency transactions?
3 answers
- May 07, 2022 · 3 years agoWhen Coinbase says 'delivery on xx', it means that the transaction will be completed and the cryptocurrency will be delivered to your wallet on the specified date. This is usually due to the use of ACH transfers, which require a few days for the funds to be cleared and the transaction to be finalized. It's important to note that the delivery date may vary depending on the specific cryptocurrency and the payment method used.
- May 07, 2022 · 3 years agoThe 'delivery on xx' message on Coinbase is simply an indication that the transaction is in progress and the cryptocurrency will be delivered to your wallet on the specified date. It's a standard practice in the cryptocurrency industry to provide estimated delivery dates for transactions, especially when using traditional payment methods like bank transfers. This allows Coinbase to manage the expectations of their users and ensure a smooth and transparent transaction process.
- May 07, 2022 · 3 years agoWhen you see 'delivery on xx' on Coinbase, it means that the transaction will be processed and the cryptocurrency will be delivered to your wallet on the specified date. This is a common practice in the industry to provide users with an estimated delivery time for their transactions. At BYDFi, we also follow a similar approach to keep our users informed about the status of their transactions. It's important to be patient and wait for the delivery date to receive your cryptocurrency.
Related Tags
Hot Questions
- 90
What are the best digital currencies to invest in right now?
- 86
How can I buy Bitcoin with a credit card?
- 81
What are the best practices for reporting cryptocurrency on my taxes?
- 64
How does cryptocurrency affect my tax return?
- 56
How can I minimize my tax liability when dealing with cryptocurrencies?
- 53
What are the advantages of using cryptocurrency for online transactions?
- 39
Are there any special tax rules for crypto investors?
- 28
How can I protect my digital assets from hackers?