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What is the average transfer time for ACH transfers in the world of cryptocurrencies?

avatarPriyaDec 25, 2021 · 3 years ago3 answers

In the world of cryptocurrencies, what is the typical duration for ACH transfers to be completed?

What is the average transfer time for ACH transfers in the world of cryptocurrencies?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The average transfer time for ACH transfers in the world of cryptocurrencies can vary depending on several factors. Generally, it takes around 2 to 5 business days for ACH transfers to be completed. However, this timeframe can be influenced by the specific cryptocurrency exchange or wallet you are using, as well as the current network congestion and transaction volume. It's always recommended to check with your exchange or wallet provider for the most accurate estimate of transfer time.
  • avatarDec 25, 2021 · 3 years ago
    ACH transfers in the world of cryptocurrencies usually take a few business days to complete. The exact duration can vary depending on the cryptocurrency exchange or wallet you are using, as well as the network conditions at the time of the transfer. It's important to note that ACH transfers are generally slower compared to other transfer methods like wire transfers or blockchain-based transactions. If you need faster transfer times, you may consider using alternative methods or cryptocurrencies with faster transaction speeds.
  • avatarDec 25, 2021 · 3 years ago
    At BYDFi, the average transfer time for ACH transfers in the world of cryptocurrencies is approximately 3 to 4 business days. However, please note that transfer times can vary depending on the specific cryptocurrency and network conditions. It's always recommended to check the current transfer time estimates provided by your cryptocurrency exchange or wallet provider for the most up-to-date information.