Coindraw App (2025)

FAQs

How long does CoinDraw take to withdraw? ›

With TurboPay 90% of customer withdrawals are completed in 20 minutes or less.

Funds on hold

When you use a linked bank account (ACH) to buy crypto or add cash to your account balance, the funds are placed on hold and won't be immediately available to send or cash out. Think of this like depositing a check to your bank account and having to wait for it to clear before you can remove the funds.

Insufficient Funds: This means you entered an order amount that's more than your current balance for that asset. Lower your order amount or select Add funds to add cash or crypto to your balance to place your order.

Coinbase is investigating an issue impacting trading on the exchange, and which is incorrectly showing some user account balances as zero. They said, "We are aware that some users may see a zero balance across their Coinbase accounts and may experience errors in buying or selling.

A withdrawal request takes up to 2 working day to reflect in your bank account. If it has been over 48 hours since you made the request, we request you to check with your bank first.

What Does a Cash Withdrawal Mean? A cash withdrawal refers to taking money out of a bank account, usually a checking account, in the form of cash. This is typically done at an ATM machine or at a physical location of a bank.

There are several reasons why a debit card may be declined even if you have money in your account. Common reasons include travel and reaching your daily purchase limit. Stay on top of your cards and consider using budgeting apps to help avoid debit card denial.

The "insufficient funds" error

In other words, what you are trying to buy costs more than what you have in your bank account. Solution: Refill the funds on your bank account in order to fix this error.

This error means that the funds available in your wallet are lower than the recommended bitcoin miner fee level for getting a transaction added to the Bitcoin blockchain ("confirmed"). You still have access to your money, but it is not possible with your current settings to send the funds to another bitcoin address.

Crypto exchange Coinbase is stabilizing its platform after a technical error showed customer balances as $0. The glitch was due to a heavy load of traffic, the firm's CEO Brain Armstrong explained on the social media platform X. "We had modeled a ~10x surge in traffic and load tested it.

What is the 12-word phrase on Coinbase? ›

Wallet seed phrase

Coinbase Wallet generates a 12-word recovery phrase, also referred to as a seed phrase, that you and only you have access to. This means that if you lose your recovery phrase, you will lose access to your Coinbase Wallet and any funds secured by this recovery phrase will be at risk.

Unable to buy crypto or add cash

There are various reasons you might not be able to buy crypto or add cash: Your account may have been temporarily disabled. Buy/sell services may have been disabled. Your account may not be recognized as a trusted payment source.

Coindraw is Your Ticket to Lightning Fast Withdrawals. Faster, safer, and cheaper deposits and withdrawals at online casinos are just a few of the benefits the introduction of blockchain technology into online gambling has brought about.

Automated Withdrawals

All Users' deposits are held in cold storage, for security reasons, however, withdrawal requests - for all cryptos - are automated. In most cases, withdrawals are almost instant and normally should take no longer than 2-3 hours to be processed.

Typically, casinos try to process withdrawals within 24 to 48 hours of the withdrawal request, but it all depends on a number of things, like the type of withdrawal method, verification processes, player location, and how the casino's internal processing procedures work.

Choose your linked bank account, enter the amount you'd like to send, and click Withdraw: Please note: Bank transfers take 1-2 business days to be processed. The fee for the bank withdrawal is 0.09 EUR (0.09 GBP for GBP withdrawals).