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What is the typical timeframe for funds to become available when using Citibank's mobile deposit feature for cryptocurrencies?

avatarClaudia Isabel BetemeMar 19, 2022 · 3 years ago3 answers

When using Citibank's mobile deposit feature for cryptocurrencies, how long does it usually take for the funds to become available in your account?

What is the typical timeframe for funds to become available when using Citibank's mobile deposit feature for cryptocurrencies?
Cryptocurrencies
Citibank
Mobile Deposit

3 answers

  • avatarMar 19, 2022 · 3 years ago
    Typically, when you use Citibank's mobile deposit feature for cryptocurrencies, the funds will become available in your account within 1-2 business days. However, the exact timeframe may vary depending on various factors such as network congestion and the specific cryptocurrency you are depositing.
  • avatarMar 19, 2022 · 3 years ago
    When you deposit cryptocurrencies using Citibank's mobile deposit feature, the availability of funds usually depends on the confirmation time of the blockchain network. For popular cryptocurrencies like Bitcoin, it usually takes around 10-30 minutes for the transaction to be confirmed and the funds to become available in your account.
  • avatarMar 19, 2022 · 3 years ago
    At BYDFi, we understand the importance of timely fund availability. When using Citibank's mobile deposit feature for cryptocurrencies, the funds typically become available in your account within 1-2 business days. However, please note that the exact timeframe may vary depending on network conditions and the specific cryptocurrency being deposited.

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