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What is the average withdrawal time for digital currencies on Uphold?

avatarFalak ChudasamaDec 15, 2021 · 3 years ago3 answers

Can you provide information on the average withdrawal time for digital currencies on Uphold? I am interested in knowing how long it typically takes for funds to be transferred from Uphold to an external wallet or bank account.

What is the average withdrawal time for digital currencies on Uphold?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    The average withdrawal time for digital currencies on Uphold can vary depending on several factors. Generally, it takes around 1-2 business days for the funds to be transferred to an external wallet. However, please note that this timeframe may be longer during periods of high network congestion or if additional security measures are required.
  • avatarDec 15, 2021 · 3 years ago
    Withdrawal times on Uphold can range from a few minutes to a few days. It primarily depends on the specific digital currency you are withdrawing and the network it operates on. Popular cryptocurrencies like Bitcoin and Ethereum usually have faster withdrawal times compared to less popular altcoins. Additionally, Uphold may have internal processing times that can affect the overall withdrawal time.
  • avatarDec 15, 2021 · 3 years ago
    Based on my experience with BYDFi, another digital currency exchange, the average withdrawal time for digital currencies on Uphold is approximately 1-3 business days. This timeframe includes the internal processing time of Uphold as well as the time it takes for the transaction to be confirmed on the respective blockchain network. It's important to note that this is just an average and actual withdrawal times may vary depending on network conditions and other factors.