common-close-0
BYDFi
Trade wherever you are!

How long does it take to complete a crypto purchase on Etrade?

avatarJerry BrysonDec 18, 2021 · 3 years ago3 answers

Can you provide an estimate of the time it takes to complete a cryptocurrency purchase on Etrade? I'm interested in knowing the average duration from the moment I initiate the purchase to when the transaction is fully processed and the crypto assets are available in my Etrade account.

How long does it take to complete a crypto purchase on Etrade?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    The time it takes to complete a crypto purchase on Etrade can vary depending on several factors. Generally, it takes around 1-2 business days for the transaction to be fully processed and for the crypto assets to appear in your Etrade account. However, please note that this is just an estimate and the actual time may vary based on market conditions and network congestion.
  • avatarDec 18, 2021 · 3 years ago
    When you initiate a crypto purchase on Etrade, the platform will typically provide you with an estimated time of completion. This estimate takes into account factors such as network congestion and transaction volume. It's important to keep in mind that cryptocurrency transactions are subject to market volatility and network delays, so the actual time it takes for your purchase to be completed may be longer or shorter than the initial estimate.
  • avatarDec 18, 2021 · 3 years ago
    At BYDFi, another popular cryptocurrency exchange, the average time to complete a crypto purchase is usually within 10-20 minutes. However, it's important to note that each exchange has its own processing time and it may vary from one platform to another. Etrade, being a traditional brokerage platform, may have a longer processing time compared to dedicated cryptocurrency exchanges like BYDFi.