Yesterday, popular exchange Coinbase announced that users will be able to buy and sell immediately after purchasing from a bank account. Before users were often subjected to wait 7 days until cryptocurrency purchases were transferable unless purchased with a debit card, causing many users to miss out on trading during periods of high volatility. According to Coinbase...
Users can then buy and sell crypto to and from their USD wallet right away, but cannot send their funds off the Coinbase platform until the funds coming from their bank have settled.
Among other changes, Coinbase will be increasing the daily spending limit to $25,000. However, according to coinbase...
This functionality will be available for US customers over the next few weeks.
So technically this feature has yet to be implemented for all users.
