How long does ach hold usually last for cryptocurrency purchases?

3 answers

• Feb 18, 2022 · 3 years ago
  The duration of an ach hold for cryptocurrency purchases can vary depending on the platform or exchange you are using. In general, it can range from a few hours to several days. Some exchanges may require a longer hold period for security purposes, while others may release the funds more quickly. It's important to check the specific policies of the exchange you are using to get an accurate estimate of how long the ach hold will last.
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• Feb 18, 2022 · 3 years ago
  When it comes to ach holds for cryptocurrency purchases, there is no one-size-fits-all answer. The duration can vary greatly depending on the exchange and the specific circumstances of the transaction. While some exchanges may release the funds immediately, others may hold them for a few days to ensure the transaction is secure. It's always a good idea to check the exchange's policies or contact their customer support for more information on how long the ach hold will last.
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• Feb 18, 2022 · 3 years ago
  At BYDFi, the ach hold for cryptocurrency purchases typically lasts for 24 hours. This hold period is in place to ensure the security of the transaction and prevent any potential fraud. Once the hold period is over, the funds will be available for trading or withdrawal. It's important to note that this duration may vary for different exchanges, so it's always a good idea to check the specific policies of the exchange you are using.
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