What is the maximum duration that Square can hold your funds in a digital currency account?

3 answers

• Nov 28, 2021 · 3 years ago
  Square typically holds funds in a digital currency account for a maximum duration of 24 hours. This means that once your funds are received by Square, they will be available for withdrawal or use within 24 hours. It is important to note that this duration may vary depending on certain factors such as the type of transaction or any potential security concerns. However, Square strives to ensure quick and efficient processing of funds to provide a seamless experience for its users.
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• Nov 28, 2021 · 3 years ago
  When it comes to holding funds in a digital currency account, Square aims to minimize the duration as much as possible. Generally, funds are held for a maximum of 24 hours before they are made available for withdrawal or use. This ensures that users have timely access to their funds and can carry out transactions without unnecessary delays. Square understands the importance of efficient fund management and works towards providing a smooth experience for its customers.
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• Nov 28, 2021 · 3 years ago
  As a third-party digital currency exchange, BYDFi does not have direct information on the maximum duration that Square can hold funds in a digital currency account. However, based on industry standards and best practices, it is common for funds to be held for a maximum of 24 hours. Square aims to process transactions quickly and efficiently to ensure that users have timely access to their funds. If you have specific concerns or questions regarding the duration of fund holding, it is recommended to reach out to Square directly for accurate and up-to-date information.
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