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

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

3 answers
- 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.
Mar 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.
Mar 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.
Mar 19, 2022 · 3 years ago
Related Tags
Hot Questions
- 91
What are the tax implications of using cryptocurrency?
- 71
What are the best digital currencies to invest in right now?
- 69
What are the best practices for reporting cryptocurrency on my taxes?
- 65
How can I protect my digital assets from hackers?
- 44
What are the advantages of using cryptocurrency for online transactions?
- 42
How does cryptocurrency affect my tax return?
- 32
What is the future of blockchain technology?
- 13
How can I buy Bitcoin with a credit card?