Appeal Your Coinbase Pro Withdraw That's Been Disabled Quickly
Are you inundated with exorbitant fees, a lack of digital wallet software to keep up with the pace of Crypto, and a mad-dash atmosphere to access these frozen funds created even more levels of disabled Coinbase Pro Accounts.
Let's take a look at this 'Crypto-Conundrum' and show you how to successfully 'undo' Coinbase Pro Withdrawal issues by joining DoNotPay!
First of All, What is Coinbase Pro?
When Bitcoin first opened the Crypto Market it was 'supposed' to be ultra simple to understand, operate, and ultimately replace our current banking system. That lasted about as long as it took to type that sentence!
Alternate forms of Bitcoin successfully built Crypto alternatives that would appeal to the beginner Crypto trader, such as:
With those 'new' forms of Crypto came a flood of Crypto Trading Platforms like Coinbase. All of these new platforms offered Crypto simplicity, but at a price point that was just like Crypto itself...pricey. You can consider going straight to Coinbase for opening your account so you don't incur any other platform fees. Above, we mentioned Coinbase through NiceHash. That is a fee you can eliminate from the Crypto equation!
To come out ahead in your Coinbase adventure, you will want a Coinbase Pro account. The Pro account lets you buy and sell Crypto just like regular Coinbase, the difference being with a Pro account you can also add Crypto Trading to your portfolio!
How to Open a Coinbase Pro Account
Opening your Coinbase Pro account is just about as straightforward as it gets! All you need to do is:
- Be at least 18 years old
- Have a government-issued photo ID, such as a driver's license or state ID
- Have a computer or smartphone with internet access
- Have a phone number for SMS verification
- And have the latest version of your internet browser
Create your account, add your preferred payment method, and you are all set to begin buying, selling, and trading Cryptocurrencies through Coinbase Pro!
The Coinbase Difference!
Since not all newbie Crypto traders are not exactly flush with cash, Coinbase Pro allows you to buy 'fractions' of a coin so you can buy, sell, and trade in small amounts.
The Coinbase Pro fee structure can get more complicated the more 'complicated' your trade is which you will be getting more into with experience.
This table explains the Coinbase Pro Fee Structure:
|$10 or less||$0.99|
|More than $10 and up to $25||$1.49|
|More than $25 and up to $50||$1.99|
|More than $50 and up to $200||$2.99|
That is what makes Coinbase Pro so attractive to a beginning Crypto trader.
How to Withdraw Funds from Coinbase Pro and How Long Does it Take?
Once you have funds available that you can withdraw, there are a few things you need to do and we will address each step of the withdrawal process here.
- Convert your Crypto to Fiat. Your Crypto has to be changed to Fiat Currencies such as USD, EUR, GBP, and others.
- Select the 'Sell' tab. Once you're converted to a Fiat Currency you want to sell that amount to your preferred method.
- Fill in the amount you want to withdraw. Or you can click 'Withdraw All' and then be directed to preview the withdrawal before clicking the 'Withdraw Now' button.
- Withdraw Fiat Currency balance. Navigate to your 'Portfolio Page' where this added Fiat balance will be showing in your assets.
Straightforward once you get the hang of it but notice this: When you click the 'Withdraw Now' you will notice that Coinbase Pro does not charge any fees for withdrawals. That being said, also notice the rather hefty fee they charge in the conversion to the Fiat to Currency step!
Coinbase Pro Withdrawal TimeLine
For US-based customers, the time it takes to receive your funds will generally take 1 to 5 business days depending on your payment method and your bank's Crypto policies.
In most areas of the globe, this is the standard timeline. However, CoinbasePro does not currently offer any cashout withdrawals to Australian residents.
Now, let's get to the real reason we are here. Your Coinbase Pro Withdraw function has been disabled, right?
Why is My Coinbase Pro Withdrawal Disabled/Frozen?
As Crypto platforms come and go, Coinbase Pro still maintains its identity as the easiest to use. And with all of that ease about it, Coinbase as well as Coinbase Pro must be careful about the people they allow to use their platform. Here are some reasons why your account is frozen or disabled:
1. ID Issues
The number one reason for a Coinbase account in use to be frozen is identity issues with the person associated with the account. These features are designed to 'filter' out any illegal money activity that Crypto has become stained with.
Make sure your ID and banking credentials are correct and up to date and check them often just to make sure!
If the Coinbase platform has gotten a chargeback on one of your transactions, your account will be frozen until you contact Coinbase Customer Service which we will address shortly.
Your Coinbase account has limits. Once you have reached that limit and make any advances to go beyond it your account is automatically frozen/disabled until you contact Coinbase Customer Service.
Coinbase and Coinbase Pro Customer Service Contact Information
You can get in touch with Coinbase's customer care team through the following numbers:
|Customer Support Numbers|
|Hours of Operation|
|USA/International||+1 (888) 908-7930||+1 (844) 613-1499||24/7|
|UK||+44 808 168 4635||+44 151 308 1768||8 am - 9 pm GMT daily|
|Ireland||1800 200 355||+353 1 529 5132||8 am - 9 pm GMT daily|
|India||000 8000503236||+91 1171279859||9 am - 6 pm IST
If you wish to contact Coinbase via email:
- Use the email address you use to sign in to Coinbase.
- Choose the most relevant category and sub-category.
- Provide as much detail as possible regarding your issue.
The learning curve with Crypto is hard enough. Awaking to find your account frozen or disabled makes it even more frustrating. And the Coinbase Support System is even more atrocious!
There is a much better way!
What's the Fastest Way to Unfreeze Your Coinbase Pro Account?
DoNotPay is the fastest way to legally demand access to your account and your funds by automatically sending the exchange a demand letter. All you need to do is:
- Search "Crypto" on DoNotPay.
- Select the crypto exchange platform you use.
- Tell us when this problem started and estimate the losses you incurred from your inability to make trades/cash out.
And that is it!
Awesome! What Other Crypto/Banking Type Issues Can DoNotPay Help Me With?
DoNotPay can help you unfreeze crypto accounts and assets with many different platforms.
Sign up today to fix your Coinbase Pro account and recover your funds fast!