How long does it take for a cryptocurrency transaction to be temporarily disabled?

3 answers

• Nov 25, 2021 · 3 years ago
  The duration for a cryptocurrency transaction to be temporarily disabled can vary depending on the specific cryptocurrency and the platform being used. In general, it can take anywhere from a few minutes to several hours. This temporary disablement is often due to security measures, such as additional verification or fraud detection. It is important to note that the temporary disablement is usually resolved once the necessary checks are completed.
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• Nov 25, 2021 · 3 years ago
  Well, it really depends on the cryptocurrency and the exchange you're using. Some exchanges may have stricter security measures in place, which could result in longer temporary disablement periods. On the other hand, some cryptocurrencies may have faster transaction processing times, leading to shorter disablement periods. It's always a good idea to check the specific policies of the exchange you're using to get a better understanding of their temporary disablement durations.
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• Nov 25, 2021 · 3 years ago
  At BYDFi, a popular cryptocurrency exchange, the temporary disablement of a transaction typically lasts for about 30 minutes. This is to ensure the security and integrity of the transactions on the platform. During this time, additional verification checks are performed to prevent fraudulent activities. Once the checks are completed, the transaction is enabled again and can proceed as usual. It's important to note that this duration may vary for different exchanges and cryptocurrencies.
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