When will I receive my cryptocurrency? (2024)

FAQs

How long does it take for crypto to be received? ›

How Long Does It Take to Send Bitcoin? The total time it takes for BTC to be sent and received varies from transaction to transaction. Bitcoin's transaction times can vary greatly, ranging anywhere from ten minutes to one day. However, it will usually take between thirty minutes and two hours to complete the process.

The level of activity on the Bitcoin network significantly impacts transaction times. During periods of high congestion, when many users send transactions, the Bitcoin mempool — where transactions wait before being confirmed — can become crowded.

In conclusion, Crypto.com typically completes the verification process within a few minutes to a few days, depending on various factors.

Some wallets or exchanges may or may not be supporting the crypto that you have just sent. Always check the name of the crypto, not just the ticker symbol. There are also some instances where the receiving addresses on different chains are identical, making them prone to such errors.

The time taken for Bitcoin transfers to appear in your bank account can vary depending on factors such as network congestion and the processing time of the exchange or service being used. On average, it can take a few moments to several days.

It is normal for bitcoin transactions to be delayed from time to time, especially when the network is experiencing high traffic or a transaction has been sent with low fees. Bitcoin transactions are considered confirmed when a bitcoin miner includes your transaction in a block.

The time it takes to send Bitcoin can vary depending on the number of confirmations required to validate each block on the network. On average, it takes about 11 minutes for a single Bitcoin confirmation. Therefore, a successful transfer can take between 30 and 60 minutes to be confirmed on the blockchain network.

You can use the accelerate feature to accelerate your pending transaction by paying a higher fee. Depending on how it was sent, the accelerate feature will either use RBF or CPFP to speed up your transaction.

The time it takes to be verified by Coinbase can vary depending on various factors, such as the volume of verification requests, the accuracy of the information provided, and the complexity of the verification process. Generally, the verification process can take anywhere from a few minutes to several days.

In your Profile, you will be able to check your account verification status on the Crypto.com Exchange.

What is the verification process for cryptocurrency? ›

The KYC process can include digital identity verification, biometric identification and ID document verification. KYC procedures are essential to ensuring transactional security between crypto exchanges and their clients by assessing and monitoring risk and potential illegal activity.

The transaction can be tracked using a blockchain explorer for the relevant cryptocurrency if a fragment of the transaction hash or wallet address is known. If investors need help finding the lost transaction history, they may also contact their exchange support or wallet provider.

When you purchase Bitcoin or another cryptocurrency in the Bitcoin.com Wallet app or via our website it typically takes between 30 minutes to 2 hours for the funds to arrive in your wallet. In most cases the delay is due to your credit card provider or bank's process for settling the purchase.

Bitcoin withdrawal delays typically occur due to network congestion, platform issues, or a transaction being allocated low fees. Most Bitcoin withdrawals are confirmed within 30 minutes to 2-4 hours, so if yours takes longer, it could be delayed.

Ether (ETH) and ERC-20 Token Deposits

Ether and ERC-20 tokens sent to your Gemini deposit address will be available in your account for trading after 64 confirmations on the Ethereum network -- which typically occurs in about 12 minutes.

For example, if a closing crypto trade was placed on Wednesday before midnight then funds would be settled Friday morning (two days from the trade date).