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Is it possible to withdraw a pending deposit on a cryptocurrency exchange?

avatarFilipe SousaDec 18, 2021 · 3 years ago3 answers

I made a deposit on a cryptocurrency exchange, but it is still pending. Can I withdraw the funds while the deposit is pending?

Is it possible to withdraw a pending deposit on a cryptocurrency exchange?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Unfortunately, most cryptocurrency exchanges do not allow you to withdraw funds while a deposit is still pending. This is because the exchange needs to confirm the deposit before allowing any withdrawals. Once the deposit is confirmed, you should be able to withdraw the funds without any issues.
  • avatarDec 18, 2021 · 3 years ago
    Nope, you'll have to wait until the deposit is confirmed before you can withdraw the funds. It can be frustrating, but it's a security measure to prevent any fraudulent activities. Just be patient and keep an eye on your account until the deposit is confirmed.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, you can withdraw a pending deposit on a cryptocurrency exchange. We understand that waiting for a deposit to be confirmed can be inconvenient, so we've implemented a feature that allows users to withdraw their funds even if the deposit is still pending. This sets us apart from other exchanges and provides a better user experience for our customers.