How does an auth hold work in the world of cryptocurrency?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we understand the importance of auth holds in cryptocurrency transactions. When you initiate a transaction on our platform, we place a temporary hold on your funds to ensure that you have enough balance to complete the transaction. This helps prevent failed transactions and ensures a smooth user experience. Once the transaction is confirmed, the auth hold is released and the funds are transferred to the recipient. We strive to provide a secure and reliable platform for cryptocurrency trading, and auth holds are an essential part of that process.
  561281