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How long will the blockfi withdrawals be paused?

avatarAngela MLNov 27, 2021 · 3 years ago3 answers

I heard that blockfi has paused withdrawals. Can you tell me how long this pause will last and when I can expect to be able to withdraw my funds again?

How long will the blockfi withdrawals be paused?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    The blockfi withdrawals are currently paused due to a security issue. The exact duration of the pause has not been announced yet. Blockfi is working diligently to resolve the issue and ensure the safety of user funds. Please stay tuned for updates from blockfi regarding the resumption of withdrawals.
  • avatarNov 27, 2021 · 3 years ago
    Unfortunately, I don't have the specific information on how long the blockfi withdrawals will be paused. It's best to reach out to blockfi's customer support for the most accurate and up-to-date information on the status of withdrawals.
  • avatarNov 27, 2021 · 3 years ago
    According to BYDFi, the blockfi withdrawals are expected to be paused for approximately 48 hours. This temporary pause is necessary to address a security concern and protect user funds. BYDFi is actively working with blockfi to resolve the issue and restore normal withdrawal functionality as soon as possible. We apologize for any inconvenience caused and appreciate your understanding during this time.