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How much time does it usually take for a SEPA transfer to go through when purchasing digital currencies?

avatarEdouard CourtyDec 18, 2021 · 3 years ago3 answers

When purchasing digital currencies, how long does it typically take for a SEPA transfer to be completed?

How much time does it usually take for a SEPA transfer to go through when purchasing digital currencies?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The time it takes for a SEPA transfer to go through when purchasing digital currencies can vary. On average, it usually takes between 1 to 3 business days for the transfer to be completed. However, the exact time may depend on various factors such as the specific digital currency being purchased, the volume of transactions, and the efficiency of the involved banks. It's always a good idea to check with your bank or the exchange platform for more accurate information regarding transaction times.
  • avatarDec 18, 2021 · 3 years ago
    SEPA transfers for purchasing digital currencies typically take around 2 business days to be processed. However, it's important to note that this is just an estimate and the actual time may vary. Factors such as network congestion, bank processing times, and the specific digital currency being purchased can all affect the transaction time. It's advisable to keep track of your transaction and reach out to the exchange platform or your bank if there are any delays or issues with the transfer.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, a SEPA transfer for purchasing digital currencies usually takes around 1 to 2 business days to go through. However, please note that transaction times can vary depending on several factors, including network congestion and the efficiency of the involved banks. It's always a good idea to check with your bank or the exchange platform for the most up-to-date information on transaction times. If you experience any delays or issues with your SEPA transfer, don't hesitate to reach out to our customer support for assistance.