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How long does it take to buy Bitcoin Cash using a bank transfer?

avatarKneifGeriDec 18, 2021 · 3 years ago3 answers

Can you tell me the estimated time it takes to purchase Bitcoin Cash using a bank transfer? I'm considering using this payment method and would like to know how long the process usually takes.

How long does it take to buy Bitcoin Cash using a bank transfer?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The time it takes to buy Bitcoin Cash using a bank transfer can vary depending on several factors. Generally, it can take anywhere from a few hours to a few days for the transaction to be completed. This includes the time it takes for the bank transfer to be processed and for the Bitcoin Cash to be credited to your account. It's important to note that some exchanges may have additional verification processes that can further delay the transaction. It's always a good idea to check with the specific exchange you plan to use for more accurate information on the expected timeframe.
  • avatarDec 18, 2021 · 3 years ago
    Buying Bitcoin Cash with a bank transfer usually takes around 2-3 business days. However, this can vary depending on the exchange and the bank you are using. Some exchanges may have faster processing times, while others may take longer. Additionally, weekends and holidays can also affect the processing time. It's best to check with the exchange you plan to use for the most up-to-date information on the expected timeframe.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, it typically takes 1-2 business days to buy Bitcoin Cash using a bank transfer. However, this timeframe can vary depending on the volume of transactions and other factors. It's always a good idea to check with the exchange you plan to use for the most accurate information on the expected timeframe. Keep in mind that bank transfers may take longer to process compared to other payment methods, so it's important to plan accordingly and allow for some additional time for the transaction to be completed.