What happens if payment fails on Coinbase?

Your unique reference code was incorrect or not included in your deposit . Your ID was not verified at the time of deposit. Your SEPA information and IBAN were not added to your Payment Methods. Your SEPA transfer was sent through an intermediary bank.

Let’s look at how this can happen: Money or cryptocurrency is immediately credited to your Coinbase account for this transaction. Your bank reverses the deposit or purchase and the cash value of this transfer/purchase is returned to your bank or card issuer .

It means that Coinbase has detected something wrong with your account , and it does not like your actions on their platform. In order to ensure the security of Coinbase users’ accounts and transactions, Coinbase may decline certain transactions (buys or deposits) if Coinbase observes suspicious activity. …