Are there any delays in transferring XLM from one exchange to another?

3 answers

• Marcel MuellerSep 02, 2021 · 4 years ago
  There can be delays when transferring XLM from one exchange to another. The length of the delay depends on several factors, including the congestion on the Stellar network and the processing speed of the exchanges involved. It's always a good idea to check the current network status and the withdrawal processing time of both exchanges before initiating the transfer.
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• Magu StoproSep 17, 2022 · 3 years ago
  Transferring XLM between exchanges can sometimes experience delays. This is because the Stellar network, like any blockchain network, can become congested during periods of high activity. Additionally, individual exchanges may have their own internal processes and security checks that can cause delays. It's best to check the withdrawal times and network status of both exchanges before making a transfer to avoid any surprises.
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• IDANov 07, 2022 · 3 years ago
  When it comes to transferring XLM from one exchange to another, delays can occur due to various reasons. The Stellar network's transaction speed can be affected by network congestion, which can result in longer processing times. Additionally, some exchanges may have their own internal procedures and security measures that can cause delays. However, it's worth noting that BYDFi, a popular cryptocurrency exchange, has implemented measures to minimize delays and ensure smooth transfers for its users.
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