common-close-0
BYDFi
Trade wherever you are!

How long after selling cryptocurrency on Binance can you withdraw?

avatarcassidy friendDec 29, 2021 · 3 years ago3 answers

After selling cryptocurrency on Binance, how long does it typically take for the funds to be available for withdrawal?

How long after selling cryptocurrency on Binance can you withdraw?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The time it takes for funds to be available for withdrawal after selling cryptocurrency on Binance can vary. Generally, it can take anywhere from a few minutes to a few hours. This delay is due to the time it takes for the transaction to be confirmed on the blockchain and for Binance to process the withdrawal request. Factors such as network congestion and the specific cryptocurrency being sold can also affect the withdrawal time. It's always a good idea to check the status of your withdrawal on Binance's platform to get the most accurate information.
  • avatarDec 29, 2021 · 3 years ago
    When you sell cryptocurrency on Binance, the funds are typically available for withdrawal within a short period of time. The exact duration can vary depending on various factors such as network congestion and the specific cryptocurrency being sold. In most cases, you should be able to withdraw your funds within a few minutes to a few hours. However, it's important to note that during times of high trading activity or network congestion, the withdrawal process may take longer. It's always a good idea to check the status of your withdrawal on Binance's platform for the most up-to-date information.
  • avatarDec 29, 2021 · 3 years ago
    After selling cryptocurrency on Binance, the time it takes for the funds to be available for withdrawal can vary. It typically ranges from a few minutes to a few hours. However, it's important to note that Binance has implemented a feature called 'Fast Withdrawals' which allows users to withdraw their funds almost instantly. This feature is available for certain cryptocurrencies and is subject to specific conditions. To check if a particular cryptocurrency is eligible for fast withdrawals, you can visit Binance's website or contact their customer support. Please note that this information is accurate as of the time of writing and may be subject to change. For the most up-to-date information, it's always best to refer to Binance's official documentation or contact their support team.