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Do GDAX deposits take a long time to be credited?

avatarJameelDec 26, 2021 · 3 years ago3 answers

I am wondering if deposits on GDAX take a long time to be credited. Can anyone share their experience with deposit times on GDAX? I want to know if I should expect delays when depositing funds into GDAX.

Do GDAX deposits take a long time to be credited?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    In my experience, GDAX deposits usually take a relatively short time to be credited. It typically takes around 10-30 minutes for the deposit to be processed and reflected in your account balance. However, please note that this can vary depending on network congestion and other factors. It's always a good idea to double-check GDAX's official website or contact their customer support for the most accurate information.
  • avatarDec 26, 2021 · 3 years ago
    GDAX deposits can sometimes take longer to be credited, especially during periods of high network congestion. It's not uncommon for deposits to take a few hours or even longer to be processed. If you're in a hurry to start trading, it might be worth considering alternative exchanges with faster deposit times. However, GDAX is generally considered a reliable and secure platform, so the wait time may be worth it for some users.
  • avatarDec 26, 2021 · 3 years ago
    I can't speak for GDAX specifically, but at BYDFi, deposits are usually credited within minutes. Our platform prioritizes fast deposit processing to ensure a smooth trading experience for our users. However, it's important to note that deposit times can still be affected by network congestion and other external factors. If you're considering GDAX, I recommend checking their official documentation or reaching out to their customer support for more information on deposit times.