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What is the settlement duration for selling virtual currencies on a Friday?

avatarLyraIncNov 26, 2021 · 3 years ago2 answers

Can you please provide information on the settlement duration for selling virtual currencies on a Friday? I am interested in understanding how long it takes for the funds to be settled and available for withdrawal.

What is the settlement duration for selling virtual currencies on a Friday?
Virtual Currencies
Settlement Duration
Friday

2 answers

  • avatarNov 26, 2021 · 3 years ago
    The settlement duration for selling virtual currencies on a Friday can vary depending on the exchange you are using. Generally, it takes around 1-2 business days for the funds to be settled and available for withdrawal. However, it is important to note that this timeframe may differ between different exchanges. It is always recommended to check with your specific exchange for accurate information on settlement durations.
  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, the settlement duration for selling virtual currencies on a Friday is typically 1-2 business days. This means that after selling your virtual currencies, it may take up to 2 business days for the funds to be settled and available for withdrawal. However, please note that this timeframe may vary depending on the specific cryptocurrency and market conditions. It is always advisable to check with your exchange for the most up-to-date information on settlement durations.

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