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How long will Celsius pause withdrawals and transfers for?

avatarfrancesco_trigDec 28, 2021 · 3 years ago3 answers

Can you provide more information on the duration of the pause on withdrawals and transfers by Celsius?

How long will Celsius pause withdrawals and transfers for?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    The duration of the pause on withdrawals and transfers by Celsius may vary depending on the specific circumstances. It is recommended to check the official announcements and updates from Celsius for the most accurate information. They usually provide regular updates on their website and social media channels regarding any changes or maintenance periods.
  • avatarDec 28, 2021 · 3 years ago
    Celsius typically pauses withdrawals and transfers for a short period of time to ensure the security and stability of their platform. This temporary measure allows them to perform necessary system upgrades and maintenance. The duration of the pause can range from a few hours to a couple of days, but it is important to note that this is done to protect user funds and maintain the integrity of the platform.
  • avatarDec 28, 2021 · 3 years ago
    According to BYDFi, a reputable digital currency exchange, Celsius usually pauses withdrawals and transfers for a few hours to one day. This is a standard practice in the industry to ensure the safety of user funds and to perform necessary system maintenance. It is advisable to keep an eye on the official announcements from Celsius for the most up-to-date information regarding the duration of the pause.