You may well not be able to purchase crypto and add funds to your account if your account is not yet recognized as a trusted payment source. To protect the community and our platform against fraud, Coinbase employs an automated method.
This type of hold is commonly caused by two factors:
It's possible that if we received a chargeback while attempting to process one of your deals, we won't be able to complete any more. Please mention any refunds or reimbursements you may know of on a recent trade in your reply to us.
In some circumstances, we may only require a little more information to verify your ownership of the payment methods you've added to your account. If you haven't already, make sure you've uploaded an ID document for each person whose information has been validated on your Coinbase login account. This will aid in the speeding up of our evaluation process.
The most part of this process is to verify the account of the user by using different methods to ensure maximum security for all users. Any violations may end up permanent suspension of your account or may be temporarily. Two way authentication is quite easy if you have your mobile number and email ID access. You just need to click on two-way authentication and you will receive a verification code on your email ID or mobile number. Just enter the code in the given space to resume services on your Coinbase account. This will take hardly a minute or two depending on your internet connectivity and server availability.
Is it possible to buy cryptocurrencies for resale using my Coinbase account?
Customers can sell virtual money to one another in peer-to-peer transactions for private, non-commercial purposes. However, in the absence of Coinbase's prior written agreement, our customers may not be able to access their Coinbase pro login Accounts for trading or to do business in the exchange of digital currency for fiat currency, funds, or other virtual currency. If we identify activity that violates this policy and/or our User Terms, we have the right to restrict account usage. We also have the right to restrict account access if your account is linked to high-volume behavior that is not compatible with personal use.