Therefore, limiting account activity is ultimately for your protection. Why my account is restricted even though I have verified my info. So here I am having a notification shows. There are two common reasons for this: If we've received a chargeback when attempting to process one of your transactions, it may be preventing us from completing further orders. However, this is not likely something you need to worry about. If a transaction receives a chargeback or is reversed, Coinbase may prevent further orders from being processed. How to Fix: Coinbase Account Restricted & Why this Happens (2023) There are multiple products that you can choose from. If it is due to regional issues, then why is there an "add payment" button available on my homepage, instead, it should have said that I cannot add payment method due to the regional limitations. In the Coinbase system open the settings section and navigate to the security tab. Let us know in the comments below. If any of the acts done by the user which cause violation of user agreement, then it is resulted in the restriction of account. This problem happened to some users and they couldnt do anything about it for weeks so this is clearly a really serious problem that Coinbase users have with this American exchange. As a result, you wont be able to add a payment method. You may have inadvertently become involved in a problem related to a cryptocurrency scam that has caused Coinbase to restrict your account activity. If you want to use crypto currencies as a method of investment or a payment method, you have probably heard of Coinbase. Why am I unable to buy crypto and add cash on my account? You will receive an SMS letting you know that the 2-factor authentication process has been completed. "name":"What is the meaning of you can't add a payment method while your account is restricted. SAFEMOON V2 PRICE HIT 0.04CENTS! This may apply to: If any of the above scenarios apply to you, resolving them will restore unlimited use of your account. Instead of solving the Coinbase Account Restricted issue using wrong steps, its better to contact the support team and save the account from being restricted. Reddit and its partners use cookies and similar technologies to provide you with a better experience. If you have faced these Coinbase account restricted problem or had a different experience, we would be thrilled to share your problems with others in the comment section for others and answer them for you and help you to fix it in shetcoiner. Hi, i'm trying to add a withdrawal method, however it shows the above error message. I already have a verified account, but still, it is saying that my account is restricted! We will also check out the steps you can take to resolve the problem and resume normal account activities. Is this legal? However, you wont be able to sell crypto as transferring funds back to a card is not supported. In the Coinbase Help Center, youll see multiple categories that you can choose from. With a limited account, Coinbase still allows you to withdraw crypto from your Coinbase wallet to another wallet or an authorized bank account. Select the type of account you want to link. Read on to learn about Coinbase account restrictions. This security attracts a number of users to use the Coinbase system for buying, selling, add payment methods or trading of crypto. What else do i need to do to be able to start withdrawing? Fair use is a use permitted by copyright statute that might otherwise be infringing.
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why is my coinbase account restricted from adding payment method