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Coinbase extends withdrawal date: what you should know

Coinbase Withdrawal Delays | Users Frustrated Over Suspicious Activity Claims

By

Emilia Gomez

Apr 22, 2025, 03:30 AM

Edited By

David Kim

Quick read

A frustrated person on a phone call with customer service about delayed withdrawal from Coinbase.

A growing number of Coinbase users face extended withdrawal dates, as the platform cites 2;suspicious activity2; on accounts. One individual claims their funds are now inaccessible until May 10, 2025, after a prior deadline of April 20, 2025.

Transaction Tensions Rise

One user took to social media expressing frustration after a lengthy customer service encounter with four different agents over four hours. They stated:

"I expect nothing to come of this."

The user initially believed they would gain access to their funds on April 21, 2025, but instead received an email extending the hold on their funds, prompting them to seek help on forums and user boards.

Common Complaints

Users are sharing a blend of negative experiences regarding withdrawal issues and unhelpful customer service. Here are the main themes from the discussion:

  • Customer Service Woes: Many users report prolonged wait times and ineffective resolutions, with one stating it was the worst service they had encountered.

  • Unclear Communication: Users are upset about the lack of information regarding their accounts, leaving them confused and anxious about their funds.

  • Withdrawal Restrictions: A common frustration revolves around unexpected holds and restrictions on transactions, particularly with less popular coins.

User Sentiment

The tone among commenters skews heavily negative as they express dissatisfaction with platform policies and support structures. Some users lash out, saying:

"I2;m so over Coinbase. They2;re totally useless."

One particularly frustrated user from Canada faced a 20-day hold, despite having traded other coins without issue. They noted:

"I can't sell or trade the stupid thing now I’m stuck."

Key Observations

  • ⚠️ Users report unsatisfactory customer service experiences across multiple channels.

  • πŸ“… Extended holds on withdrawals appear to be a growing issue for some users.

  • 😑 Many express skepticism over Coinbase's handling of suspicious activity claims.

With speculation rising over Coinbase's withdrawal policies, these tensions may impact user trust moving forward. While some urge patience, others demand immediate changes to prevent future confusion and frustration.