How long does it usually take for Binance to process withdrawals after depositing cryptocurrencies?
Allen OlsenMay 04, 2022 · 3 years ago3 answers
I recently deposited cryptocurrencies into my Binance account and I'm wondering how long it typically takes for Binance to process withdrawals after depositing cryptocurrencies? Can anyone provide some insights on the withdrawal processing time?
3 answers
- May 04, 2022 · 3 years agoIn most cases, Binance processes cryptocurrency withdrawals within 30 minutes to 2 hours after the deposit is confirmed. However, the processing time may vary depending on the network congestion and the specific cryptocurrency you are withdrawing. It's always a good idea to check the Binance website or contact their customer support for the most up-to-date information.
- May 04, 2022 · 3 years agoWithdrawal processing time on Binance can be quite fast, especially for popular cryptocurrencies like Bitcoin and Ethereum. It usually takes around 30 minutes to process the withdrawal after the deposit is confirmed. However, during times of high network congestion, it may take longer. So, be patient and keep an eye on your withdrawal status.
- May 04, 2022 · 3 years agoAccording to my experience with BYDFi, a digital currency exchange similar to Binance, the withdrawal processing time is usually within 1 hour after the deposit is confirmed. However, please note that this may vary depending on the specific cryptocurrency and the network conditions. It's always a good idea to check the exchange's website or contact their customer support for the most accurate information.
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