Hello, is anyone facing account review issues with Coinbase? I had my account verified and was working fine till the time I decided to cash out my gains. Post putting a sell order I got an update that my account is under the review? Wtf! It looks like a clear monopoly. #investments #personalfinance #crypto #coinbase #bitcoin
How much did you try to withdraw?
3000$. I knew they wonβt allow me to do larger amount hence stocked to few thousands.
Why donβt you just trade to a stable coin like usdc, then withdraw later
Sorry thatβs my fault
Contact support via live chat
I Did, I verified again but still they say itβs routine work, you have to wait for the account team to look into this.
your documents are probably expired, give it a day or so
Might be. I have done the verification.
Sorry bro, your sell order of 3000$ will trigger the fall of bitcoin price. Coinbase canβt let that happen.
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I wanted to hedge it. I wish Bitcoin goes high. But Iβm now skeptical about it. It seems like Coinbase know something and they are putting account review on other accounts so people can βt sell.
I think this is just government regulation / know your customers rules, so that there is no money laundering. Dont you think? Other case could be Coinbase does too much fraud and will bankrupt like FTX