How long does it take to get paid when selling crypto? | Help Center | Ramp | Customer Support and Partner Help Center (2024)

Selling crypto for fiat involves multiple steps, each with its own time frame. The total time it takes to sell crypto once you initiate a sale depends on the following factors:

1️⃣ How long you take to transfer your crypto

The first step is entirely up to you: the faster you make your transfer, the faster the next steps can happen.

2️⃣ How long until your transfer is processed and confirmed by the blockchain

The second step depends on the cryptoasset you're selling and which blockchain it's on. This step includes factors that are beyond our control.

Some blockchains confirm transactions faster than others. For example, Cosmos may process and confirm a transaction in a few seconds, while Bitcoin transactions, on average, take anywhere between 10 and 30 minutes to be completed.

Even faster blockchains may experience congestion during periods of high usage, causing transactions to wait in a queue and take longer than average.

3️⃣ What payout method you choose

Once we receive your crypto, the time it takes for the money to reach your account depends on your selected payout method. Below is a table with expected settlement times for each method:

Note: For faster payouts, consider asking your bank to enable Fast Funds or RTP

While most transactions are processed within the given estimated time according to the table above, some may take longer due to various factors. Banks might delay processing, especially for international transactions or during weekends and holidays. If your funds remain locked for more than 3 days, contact your bank directly for assistance.

High demand for crypto can also cause network congestion, potentially delaying transactions. Additionally, delivery times are based on past experiences and may be affected by unexpected delays, such as the need for extra checks or additional actions.