Are there any specific requirements or delays for withdrawing cryptocurrency from Oanda?

1 answers

• Dec 17, 2021 · 3 years ago
  When withdrawing cryptocurrency from Oanda, there are a few specific requirements and potential delays to be aware of. Firstly, you will need to have a verified Oanda account in order to withdraw cryptocurrency. This involves completing the necessary KYC (Know Your Customer) procedures, which may include providing identification documents and proof of address. Once your account is verified, you can proceed with the withdrawal process. However, it's important to note that Oanda may impose certain limits on cryptocurrency withdrawals, such as daily or monthly withdrawal limits. These limits can vary depending on factors such as your account level and the specific cryptocurrency you are withdrawing. Additionally, Oanda may also have a processing time for cryptocurrency withdrawals. This means that it may take some time for your withdrawal request to be processed and for the funds to be transferred to your external wallet. The processing time can vary depending on various factors, including network congestion and security checks. Therefore, it's advisable to allow for some additional time when planning your cryptocurrency withdrawals from Oanda.
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