How long will Celsius pause withdrawals and transfers for?
Boone TimmDec 18, 2021 · 3 years ago3 answers
Can you provide more information on the duration of the pause on withdrawals and transfers by Celsius?
3 answers
- Dec 18, 2021 · 3 years agoThe duration of the pause on withdrawals and transfers by Celsius may vary depending on the specific circumstances. It is recommended to check the official announcements and updates from Celsius for the most accurate information. They usually provide regular updates on their website and social media channels regarding any changes or maintenance periods.
- Dec 18, 2021 · 3 years agoCelsius typically pauses withdrawals and transfers for a short period of time to ensure the security and stability of their platform. This temporary measure allows them to perform necessary system upgrades and maintenance. The duration of the pause can range from a few hours to a couple of days, but it is important to note that this is done to protect user funds and maintain the integrity of the platform.
- Dec 18, 2021 · 3 years agoAccording to BYDFi, a reputable digital currency exchange, Celsius usually pauses withdrawals and transfers for a few hours to one day. This is a standard practice in the industry to ensure the safety of user funds and to perform necessary system maintenance. It is advisable to keep an eye on the official announcements from Celsius for the most up-to-date information regarding the duration of the pause.
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