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How long does it take for a cryptocurrency withdrawal from Acorns?

avatarKevin UrbanczykDec 18, 2021 · 3 years ago3 answers

Can you tell me the average time it takes for a cryptocurrency withdrawal from Acorns to be completed?

How long does it take for a cryptocurrency withdrawal from Acorns?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Typically, the time it takes for a cryptocurrency withdrawal from Acorns to be completed can vary depending on several factors. The most important factor is the network congestion of the specific cryptocurrency you are withdrawing. If the network is congested, it may take longer for the transaction to be confirmed and processed. On average, it can take anywhere from a few minutes to a few hours for the withdrawal to be completed.
  • avatarDec 18, 2021 · 3 years ago
    Well, it really depends on the cryptocurrency you are withdrawing. Some cryptocurrencies have faster transaction times compared to others. For example, Bitcoin transactions can take longer due to its larger network and higher transaction fees. On the other hand, cryptocurrencies like Litecoin or Ethereum may have faster transaction times. So, if you're withdrawing Bitcoin, it might take a bit longer compared to other cryptocurrencies.
  • avatarDec 18, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the average time for a cryptocurrency withdrawal from Acorns is around 30 minutes. However, please note that this is just an average and the actual time may vary depending on the network conditions and the specific cryptocurrency you are withdrawing. It's always a good idea to check the transaction status on the blockchain explorer to get the most up-to-date information on your withdrawal.