Is there a waiting period for withdrawals from Gemini?

3 answers

• Jan 05, 2022 · 3 years ago
  Yes, there is a waiting period for withdrawals from Gemini. The exact duration of the waiting period may vary depending on the security measures implemented by Gemini. Generally, it can take anywhere from a few minutes to several hours for your withdrawal request to be processed and for the funds to be transferred to your external wallet. It's important to note that this waiting period is in place to ensure the security of your funds and to prevent any unauthorized access.
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• Jan 05, 2022 · 3 years ago
  Unfortunately, yes. Gemini does have a waiting period for withdrawals. The waiting period is usually around 30 minutes to an hour. During this time, Gemini's security systems verify the withdrawal request and ensure that it is legitimate. Once the waiting period is over, your funds will be transferred to your designated wallet. While the waiting period may seem inconvenient, it is an important security measure to protect your funds from unauthorized access.
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• Jan 05, 2022 · 3 years ago
  As a representative from BYDFi, I can confirm that there is a waiting period for withdrawals from Gemini. This waiting period is a standard security measure implemented by most reputable cryptocurrency exchanges. It helps to ensure the integrity of the withdrawal process and prevent any fraudulent activities. The duration of the waiting period may vary depending on the specific circumstances, but it is typically within a reasonable timeframe. Rest assured that your funds are being protected during this waiting period.
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