Anonymous asked in Business & FinanceInvesting · 4 weeks ago

Will Coinbase deduct more than what I owe them here?

Cryptocurrency question. I made a bank deposit to Coinbase for $500 worth of bitcoin. I traded the bitcoin for another currency and now the account is $700. My bank account could not make the payment tho because it went into overdraft. Coinbase is holding my $700 now and saying it will initiate an auto recovery in a few days. Will they take back their $500 worth, or the entire $700 I made in a trade?

1 Answer

  • kswck2
    Lv 7
    4 weeks ago

    Did you calculate the processing fee into the total amount? 

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