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Title: Coinbase question: max 10 instant buys, what about sells? Post by: Walsoraj on October 23, 2013, 12:40:48 AM Coinbase recently reduced instant buys to 10 a week. What about sells? My account says I have a daily limit of 50. But no mention of whether any portion of that is instant. Must sell orders wait a few days while Coinbase decides whether to execute?
Title: Re: Coinbase question: max 10 instant buys, what about sells? Post by: MtFox on October 23, 2013, 02:49:32 AM As you already know the daily sell limit is 50 BTC. Sell orders are instant in the sense that the sell price is locked at the time you confirm your sell order. As Coinbase indicates on their blog, sell orders are always executed unless there is a problem with your bank account. Coinbase uses ACH to transfer money to your bank account when you sell. Since ACH transactions are not instant, it may take 2-3 business days for the funds to reach your account.
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