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Home  ›  Coinbase Accelerate Withdrawal With Photo Id


COINBASE ACCELERATE WITHDRAWAL WITH PHOTO ID

Written By Burnett Aliampat Thursday, October 21, 2021 Add Comment Edit


Murat

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Merit: 691

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So I was sending Over .03BTC From my Coinbase wallet to Electrum. I suddenly
received SMS on my mobile and email. They want photo ID to complete this
withdrawal Right now but I don't want to provide the photo ID. Now my funds
locked up for 72 Hours.

Unfortunately, your withdrawal of 0.0300 BTC on October 10, 2019 at 09:11am PDT
has been delayed.

Your funds are secure, and this delay will not affect the sale price of your
digital currency. We have delayed this withdrawal for 72 hours to ensure it is
authorized activity. You can view the affected withdrawal here.

If you initiated this withdrawal, no action is required and your withdrawal will
automatically complete after 72 hours.

If you did not initiate this withdrawal, or believe it is unauthorized activity,
you can cancel it at any time during the delay period. You should also disable
sign in for your account.



--------------------------------------------------------------------------------

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Murat

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Update

I contacted their support and here is their reply -

Hello,

Thank you for contacting Coinbase. As Coinbase experiments with expanding into
more markets, there will be varying levels of support provided. Initially,
Coinbase will only offer self-help customer support in your region.

For more information on what support is provided by region, please visit the
following help pages:

International Support for Coinbase
International Support for Coinbase Pro

Thanks,
Coinbase Support

and I replied how can I self-support issues like this? I am using Coinbase for
years never had similar issues.

And I got another notification.

Hi there,

Thanks for the response! We�d love to help you further, however, this case has
been closed and cannot be reopened.

Please submit a new ticket to our online support form here for continued
assistance: https://support.coinbase.com/customer/portal/emails/new

Thanks,
Coinbase Support

This is Crazy. I don't use coinbase often I thought I can trust them with small
amounts they are not worth it. Crypto space is fu** up with people like this.
Now I need to wait 72 Hours for using Coinbase.



--------------------------------------------------------------------------------

marcotheminer

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Activity: 1694
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Newbies may msg me! If you're legit, things work.



--------------------------------------------------------------------------------

Coinbase really sucks when it comes to support, deposit's late? Tough luck, just
wait it out..

You need to do the ID verification pretty sure they won't let you bypass it.



--------------------------------------------------------------------------------

mk4

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🔐 NotYourKeys.org 🔑



--------------------------------------------------------------------------------

They want photo ID to complete this withdrawal Right now but I don't want to
provide the photo ID.


You mind telling us why you used Coinbase in the first place if you're not
willing to submit KYC information? Not trying to be an ass here, but I thought
identification details is mandatory with Coinbase if you're making buy/sell
offers; and that big exchanges like Coinbase have been known to be demanding KYC
information in the first place.



--------------------------------------------------------------------------------

figmentofmyass

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Activity: 1652
Merit: 1481





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As per email:

We have delayed this withdrawal for 72 hours to ensure it is authorized
activity. You can view the affected withdrawal here.
If you initiated this withdrawal, no action is required and your withdrawal will
automatically complete after 72 hours.

Meaning the transaction will automatically complete without doing nothing on
your part or I just missed the email about they asked you to comply with KYC?

that's my reading too. they're giving the account holder 72 hours to prevent an
unauthorized withdrawal. it sounds like KYC is only required if he wants to skip
the waiting period.

You need to do the ID verification pretty sure they won't let you bypass it.


that's definitely true for US and EU residents---KYC is required just to use
them as a hosted bitcoin wallet. i'm not sure about other jurisdictions though.
it sounds like KYC still isn't required in the OP's case.



--------------------------------------------------------------------------------

AdolfinWolf

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peace and love, peace and love



--------------------------------------------------------------------------------

that's definitely true for US and EU residents---KYC is required just to use
them as a hosted bitcoin wallet. i'm not sure about other jurisdictions though.
it sounds like KYC still isn't required in the OP's case.


I highly doubt that. I'm pretty sure KYC is required (for trading at least!) for
all jurisdictions Coinbase operates in.

Imagine how easily abusable that would otherwise be? Residential IP of X country
with an EMI/throwaway PP account?

Found this:

Coinbase is a licenced crypto exchange based in the U.S. A full list of the
licenses it holds is here. All that the exchange requires to open an account is
a full name, an email address and a password. While this means that anyone from
anywhere in the world can store, send and receive cryptocurrencies using a basic
Coinbase account, ID verification is required to buy and sell cryptocurrency in
the 33 countries it supports.

Makes sense that you don't need KYC to use them as a wallet (I'm assuming this
is also the case in EU/US jurisdictions (?)).

What doesn't make sense is why they would ask OP for KYC if above is the case...
Hmm. Something must've been triggered i guess? (weird IP login or anything of
the kind?)
Or Coinbase is just messing with OP to get him to verify his KYC info...

They want photo ID to complete this withdrawal Right now but I don't want to
provide the photo ID.


You mind telling us why you used Coinbase in the first place if you're not
willing to submit KYC information? Not trying to be an ass here, but I thought
identification details is mandatory with Coinbase if you're making buy/sell
offers; and that big exchanges like Coinbase have been known to be demanding KYC
information in the first place.


It sounds like he's simply using coinbase as a wallet, although, now that i
think about it, that's quite weird? Why would you first receive BTC on your
coinbase wallet adress, only to then send it to electrum?

Just use electrum in the future.



--------------------------------------------------------------------------------

figmentofmyass

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Activity: 1652
Merit: 1481





--------------------------------------------------------------------------------

that's definitely true for US and EU residents---KYC is required just to use
them as a hosted bitcoin wallet. i'm not sure about other jurisdictions though.
it sounds like KYC still isn't required in the OP's case.


I highly doubt that. I'm pretty sure KYC is required (for trading at least!) for
all jurisdictions Coinbase operates in.

it's definitely required for trading. the distinction i was making is that it's
also required for receiving/sending cryptocurrency, in some jurisdictions at
least. i thought it was required everywhere, but after seeing this thread i
tried to verify that. all i can find are these support articles aimed at USA and
EU customers:

maybe there is more comprehensive info elsewhere and KYC is mandatory
everywhere. or maybe coinbase is taking the position that geolocation is good
enough outside of USA and EU ranges. not for trading but just for wallet
services.

What doesn't make sense is why they would ask OP for KYC if above is the case...
Hmm. Something must've been triggered i guess? (weird IP login or anything of
the kind?)
Or Coinbase is just messing with OP to get him to verify his KYC info...

if they haven't enforced mandatory KYC for hosted wallet services in OP's
country yet, this may be a soft method of getting people to comply before
issuing a hard requirement.



--------------------------------------------------------------------------------

logfiles

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Guard Your Bitcoins Jealously



--------------------------------------------------------------------------------

Just curious...
OP what made you to opt for coinbase?
Is it because you probably bought some crypto through it?
If yes, then am wondering why the wouldn't ask you to verify at first when you
where trading your fiat for crypto?



Potato Chips

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Activity: 1834
Merit: 526

Social Credit: -666



--------------------------------------------------------------------------------

If you have previously sent to an address in which you are in control, you may
wanna try this but keep in mind that canceling would reset the 72H. or maybe
testing with a small amount would do if you got some left. I recommend the
address which you have used the most.

If you DID authorize the transaction

.... OR
3. Use the Cancel button to cancel the transaction if you no longer wish to
withdraw or send. You can create a new transaction to an email or digital
currency address that you have sent to previously

better get out after this has been resolved if you're not willing to do KYC
especially if you're just using them as a wallet.

....OR
2. From the Coinbase website, use the "Accelerate Withdrawal" button to complete
ID verification, including a photo taken of your face. This step must be
completed to accelerate every single delayed withdrawal or send, despite having
an approved ID upload and selfie. Once completed, your transaction will be sent.

Got the article from coinbase's reply to a guy with the same problem
https://twitter.com/bitjefe/status/1178079211459923973



--------------------------------------------------------------------------------

timerland

Hero Member

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Activity: 1358
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--------------------------------------------------------------------------------

So I was sending Over .03BTC From my Coinbase wallet to Electrum. I suddenly
received SMS on my mobile and email. They want photo ID to complete this
withdrawal Right now but I don't want to provide the photo ID. Now my funds
locked up for 72 Hours.

Unfortunately, your withdrawal of 0.0300 BTC on October 10, 2019 at 09:11am PDT
has been delayed.

Your funds are secure, and this delay will not affect the sale price of your
digital currency. We have delayed this withdrawal for 72 hours to ensure it is
authorized activity. You can view the affected withdrawal here.

If you initiated this withdrawal, no action is required and your withdrawal will
automatically complete after 72 hours.

If you did not initiate this withdrawal, or believe it is unauthorized activity,
you can cancel it at any time during the delay period. You should also disable
sign in for your account.

That's weird. I've never seen such small amounts being restricted for
unauthorized activity, it seems pointless. Did you use the same device to
initiate the withdraw, or was it a new device?

It's a decent strategy to have to prevent hacks, but it's too intrusive, a
simple email authentication or google authentication access code would have been
a lot better and easier to deal with.

If your using them as just a wallet, probably get out while you still can.



--------------------------------------------------------------------------------

Steamtyme

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Betnomi.com Sportsbook, Casino and Poker



--------------------------------------------------------------------------------

Man that sucks. I feel for yah, at least your withdrawal will process after the
3 day waiting period. Did they have anything like this in their terms that you
are aware of? Definitely get off Coinbase, I never used them, when I did pretty
sure they wanted KYC upfront so I don't think I ever went anything further than
signing up.

Hilarious, if you are sending to a new address... because no one uses different
addresses .

I recently got he kick in the ass I needed to secure my coins more diligently,
and avoid businesses handling them as much as possible. Pretty much from now on
unless I'm comfortable never seeing the coins again, they're not going on a
platform that can hijack control from me.



--------------------------------------------------------------------------------

timerland

Hero Member

Offline

Activity: 1358
Merit: 588





--------------------------------------------------------------------------------

They want photo ID to complete this withdrawal Right now but I don't want to
provide the photo ID.


You mind telling us why you used Coinbase in the first place if you're not
willing to submit KYC information? Not trying to be an ass here, but I thought
identification details is mandatory with Coinbase if you're making buy/sell
offers; and that big exchanges like Coinbase have been known to be demanding KYC
information in the first place.


All withdrawals require KYC Coinbase large exchange so it is natural that we
need KYC, withdrawals are delayed 72 hours maybe there is an unusual activity
security Coinbase is getting tougher so withdrawals are frozen and try
verification with your original photo.


No, I've used Coinbase for a limited time (just to send and receive 3-4
transactions over a week), and I wasn't forced to perform KYC, or anything
really.

Just needed my phone number, name and emails, and then I was able to send and
receive transactions (I think I received like 0.3 BTC and sent it away) and had
no issues. I believe you only need KYC when you start dealing with the fiat site
of Coinbase which is just not worth it at all.

Man that sucks. I feel for yah, at least your withdrawal will process after the
3 day waiting period. Did they have anything like this in their terms that you
are aware of? Definitely get off Coinbase, I never used them, when I did pretty
sure they wanted KYC upfront so I don't think I ever went anything further than
signing up.

Hilarious, if you are sending to a new address... because no one uses different
addresses .

I recently got he kick in the ass I needed to secure my coins more diligently,
and avoid businesses handling them as much as possible. Pretty much from now on
unless I'm comfortable never seeing the coins again, they're not going on a
platform that can hijack control from me.

Never been asked for KYC upfront, when was this? My experience with them was 2
years or so ago I think, and it was actually fine.



--------------------------------------------------------------------------------

philipma1957

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Offline

Activity: 3192
Merit: 3752





--------------------------------------------------------------------------------

They want photo ID to complete this withdrawal Right now but I don't want to
provide the photo ID.


You mind telling us why you used Coinbase in the first place if you're not
willing to submit KYC information? Not trying to be an ass here, but I thought
identification details is mandatory with Coinbase if you're making buy/sell
offers; and that big exchanges like Coinbase have been known to be demanding KYC
information in the first place.


Yah pretty much I read op as �I want to hide in the shadows.�

At op either send a real id or stop complaining.

You simply need to understand coinbase is like a bank and needs real ids in many
countries.  So if you don�t want to id yourself don�t and wait 72 hours. See if
they force you to identify yourself after the time is up.

Maybe they will maybe they won�t.



--------------------------------------------------------------------------------

I see BTC as the super highway and alt coins as taxis and trucks needed to move
transactions.

Steamtyme

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Betnomi.com Sportsbook, Casino and Poker



--------------------------------------------------------------------------------

Never been asked for KYC upfront, when was this? My experience with them was 2
years or so ago I think, and it was actually fine.


I want to say 2018 sometime. Can't remember exactly what the circumstances were.
I believe I was wanting to buy coins, or they had a promo. I'm not U.S based so
it could have had something to do with that. It's been so long I can't remember
for sure the what or why. It definitely wasn't just to use their wallet or
anything like that.

Reading the first part of your post, that seems more inline with what I checked
them out for.

They want photo ID to complete this withdrawal Right now but I don't want to
provide the photo ID.


You mind telling us why you used Coinbase in the first place if you're not
willing to submit KYC information? Not trying to be an ass here, but I thought
identification details is mandatory with Coinbase if you're making buy/sell
offers; and that big exchanges like Coinbase have been known to be demanding KYC
information in the first place.


Yah pretty much I read op as �I want to hide in the shadows.�
At op either send a real id or stop complaining.
You simply need to understand coinbase is like a bank and needs real ids in many
countries.  So if you don�t want to id yourself don�t and wait 72 hours. See if
they force you to identify yourself after the time is up.
Maybe they will maybe they won�t.


If they were just using it as a wallet, should they really have to provide ID to
anyone? If that's the requirement then take ID at the door, not when people try
to leave.



--------------------------------------------------------------------------------

mk4

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Activity: 1834
Merit: 2304



🔐 NotYourKeys.org 🔑



--------------------------------------------------------------------------------

It sounds like he's simply using coinbase as a wallet, although, now that i
think about it, that's quite weird? Why would you first receive BTC on your
coinbase wallet adress, only to then send it to electrum?

Just use electrum in the future.

That's pretty much what I had in mind. The only reason I could think of, is
probably OP used Coinbase so the transaction would be free(off-chain,
Coinbase<->Coinbase). That, or OP immediately realized that Electrum is the way
to go instead of a centralized wallet. Anyway, lesson learned for him.



--------------------------------------------------------------------------------


COINBASE ACCELERATE WITHDRAWAL WITH PHOTO ID

Posted by: brushmacy1946.blogspot.com

Source: https://bitcointalk.org/index.php?topic=5191821.0



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