I just opened a Coinbase account. I'm verified, including the identity questions.
I just sent a few thousand dollars into the account and am waiting to withdraw my coins.
My concern is what kind of bitcoin withdrawal levels will trigger a delay, a request for copies of more ID, more information, notarized utility bills, blood type, etc.. is there a known withdrawal trigger limit?
for example if I try and withdraw $1,000 in BTC immediately, am I likely to get flagged? Should I stay under $300? Can I withdraw it all? How many small withdrawals a day or does it matter?
I am very skeptical of these guys and don't want any problems on just getting my bitcoin out of there.
any help please-
With Coinbase you don't carry a fiat balance on their site. You buy the Bitcoins and they will appear in your balance after a certain amount of business days. When you click on the agreement it will have the amount of days it will take to get the coins.
And if you jump through more hoops you can get a small amount of instant Bitcoins.
After the coins are credited to your account you can withdraw any amount of them. They are your property.
You can also trade them back for fiat that will appear in your bank account.
