QUESTION
How quickly are you able to buy and then sell cryptocurrency on Coinbase?
ANSWER
On Coinbase, the process of buying and then selling cryptocurrency can be accomplished rapidly, often within a matter of minutes. As soon as an individual has successfully set up and verified their account, which includes linking a payment method such as a bank account or debit card, they are able to purchase cryptocurrencies instantly. Selling is just as straightforward; after completing a sale transaction, the funds from the sale are credited to one's Coinbase fiat wallet. The speed at which these transactions occur depends on the chosen payment method and network congestion, but typically Coinbase enables smooth and swift trades that cater to both novice and experienced traders alike. However, withdrawal of the resulting fiat currency to a bank account may take several business days depending on the user's region and bank processing times.
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