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How long does it take for settled funds to become available for cryptocurrency trading?

avatarEngberg VaughanNov 25, 2021 · 3 years ago3 answers

Can you tell me how much time it usually takes for funds to become available for cryptocurrency trading after they have been settled?

How long does it take for settled funds to become available for cryptocurrency trading?

3 answers

  • avatarNov 25, 2021 · 3 years ago
    Typically, settled funds become available for cryptocurrency trading within a few minutes to a few hours. However, the exact time can vary depending on the cryptocurrency exchange you are using and the specific blockchain network it operates on. It's always a good idea to check with your exchange for their specific settlement and availability times to ensure you have the most up-to-date information.
  • avatarNov 25, 2021 · 3 years ago
    Settled funds usually become available for cryptocurrency trading quite quickly, usually within a matter of minutes. However, it's important to note that this can vary depending on the exchange you are using and the specific cryptocurrency you are trading. Some cryptocurrencies may have longer settlement times due to network congestion or other factors. It's always a good idea to check with your exchange for the most accurate information on settlement times.
  • avatarNov 25, 2021 · 3 years ago
    At BYDFi, settled funds typically become available for cryptocurrency trading within 10 minutes. Our platform is designed to provide fast and efficient trading experiences for our users. However, please note that settlement times can vary depending on the specific cryptocurrency and blockchain network. We recommend checking our platform for real-time updates on settlement and availability times.