What is the average settlement time for selling digital assets?

3 answers

• Jan 12, 2022 · 3 years ago
  The average settlement time for selling digital assets can vary depending on the platform you are using. Some exchanges offer instant settlement, where the funds are available immediately after the sale. However, other exchanges may require a few minutes to a few hours for settlement. It is important to check the specific settlement time of the exchange you are using before making a sale to avoid any inconvenience.
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• Jan 12, 2022 · 3 years ago
  When it comes to selling digital assets, the average settlement time can be influenced by various factors. These factors include the blockchain network congestion, the specific digital asset being sold, and the exchange's internal processes. In general, most exchanges aim to provide quick settlement times to ensure a smooth user experience. However, it is always recommended to check the settlement time of the exchange you are using to have a better understanding of the expected timeframe.
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• Jan 12, 2022 · 3 years ago
  At BYDFi, the average settlement time for selling digital assets is around 10 minutes. This is due to our efficient internal processes and the use of advanced blockchain technology. We strive to provide fast and reliable settlement times to our users, ensuring that they can access their funds in a timely manner. However, please note that settlement times may vary depending on network congestion and other external factors. It is always a good practice to check the specific settlement time of the exchange you are using for the most accurate information.
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