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What steps should I take to release a preauth hold on my cryptocurrency account?

avatarJonnyDec 17, 2021 · 3 years ago3 answers

I have a preauth hold on my cryptocurrency account and I want to release it. What are the steps I should take to release the hold and regain access to my funds?

What steps should I take to release a preauth hold on my cryptocurrency account?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    To release a preauth hold on your cryptocurrency account, you should first contact your cryptocurrency exchange or wallet provider. They will be able to provide you with specific instructions on how to release the hold. It may involve providing additional documentation or verifying your identity. Once you have followed their instructions, the hold should be released and you will regain access to your funds.
  • avatarDec 17, 2021 · 3 years ago
    Releasing a preauth hold on your cryptocurrency account can be a bit frustrating, but don't worry, it's usually a straightforward process. The first step is to reach out to your cryptocurrency exchange or wallet provider and explain the situation. They will guide you through the necessary steps to release the hold. It may take some time, so be patient. Once the hold is released, you can freely use your funds again.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, to release a preauth hold on your cryptocurrency account, you can follow these steps: 1. Log in to your BYDFi account. 2. Go to the 'Holdings' section. 3. Find the cryptocurrency that has the preauth hold and click on it. 4. Look for the option to release the hold and follow the instructions. If you encounter any issues or have further questions, you can contact our support team for assistance. They will be happy to help you release the hold and regain access to your funds.