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How long does it take to release a hold on my bitcoin trading account?

avatarDivy ObizueDec 29, 2021 · 3 years ago3 answers

I recently placed a hold on my bitcoin trading account and I'm wondering how long it will take for the hold to be released. Can you provide an estimate of the time it usually takes for a hold to be lifted on a bitcoin trading account?

How long does it take to release a hold on my bitcoin trading account?

3 answers

  • avatarDec 29, 2021 · 3 years ago
    The time it takes to release a hold on a bitcoin trading account can vary depending on the exchange you are using. Generally, it can take anywhere from a few hours to a few days for the hold to be lifted. It's best to check with your specific exchange for more accurate information on their hold release times.
  • avatarDec 29, 2021 · 3 years ago
    Releasing a hold on a bitcoin trading account usually takes around 24 to 48 hours. However, this can vary depending on the exchange and the reason for the hold. Some exchanges may have a longer hold period for security purposes, while others may release the hold sooner. It's always a good idea to reach out to the customer support of your exchange for more information on their specific hold release times.
  • avatarDec 29, 2021 · 3 years ago
    At BYDFi, the hold on your bitcoin trading account is typically released within 24 hours. However, please note that this timeframe may vary depending on the specific circumstances and the reason for the hold. If you have any concerns or questions about the hold on your account, please don't hesitate to reach out to our customer support team for assistance.