common-close-0
BYDFi
Trade wherever you are!

Are there any delays or time constraints when transferring money with Wise for cryptocurrency purposes?

avatarMohamed HarchaouiDec 26, 2021 · 3 years ago1 answers

When using Wise for cryptocurrency purposes, are there any potential delays or time constraints that users should be aware of?

Are there any delays or time constraints when transferring money with Wise for cryptocurrency purposes?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    When it comes to transferring money with Wise for cryptocurrency purposes, it's important to be aware of potential delays or time constraints. Cryptocurrency transactions are processed on the blockchain, which can sometimes experience congestion and delays. Wise also has its own internal processes and verification checks that may impact the transfer time. Additionally, the recipient's wallet or exchange may have its own processing time for incoming transactions. It's advisable to consider these factors and allow for potential delays when using Wise for cryptocurrency transfers. However, Wise aims to provide efficient and reliable transfers, so the actual transfer time may vary depending on the specific circumstances.