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What is the typical duration for funds to be sent from Binance to a peer-to-peer trading platform?

avatarGift MumbaDec 18, 2021 · 3 years ago3 answers

When sending funds from Binance to a peer-to-peer trading platform, how long does it usually take for the funds to be transferred?

What is the typical duration for funds to be sent from Binance to a peer-to-peer trading platform?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The typical duration for funds to be sent from Binance to a peer-to-peer trading platform can vary depending on several factors. Generally, it can take anywhere from a few minutes to a few hours for the funds to be transferred. However, it's important to note that the actual transfer time may be influenced by network congestion, blockchain confirmations, and the specific peer-to-peer trading platform's processing time. It's always a good idea to check the platform's guidelines or contact their support team for more accurate information.
  • avatarDec 18, 2021 · 3 years ago
    When you send funds from Binance to a peer-to-peer trading platform, the duration of the transfer can differ. It usually takes a few minutes to process the transaction and complete the transfer. However, in some cases, it may take longer due to network congestion or other technical issues. It's advisable to keep an eye on the transaction status and reach out to the support team of the peer-to-peer trading platform if there are any delays or concerns.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, the typical duration for funds to be sent from Binance to a peer-to-peer trading platform is usually within a few minutes. However, please note that the actual transfer time may vary depending on network conditions and the specific peer-to-peer trading platform you are using. It's always recommended to double-check the transaction details and contact the support team of the trading platform if you encounter any issues or delays.