How can I avoid a 72-hour hold when transferring cryptocurrencies?
Clau UlloaApr 17, 2022 · 4 years ago7 answers
I recently encountered a 72-hour hold when transferring cryptocurrencies. Is there any way to avoid this hold period and make faster transactions?
7 answers
- phytokrysJul 08, 2025 · 4 months agoOne way to avoid a 72-hour hold when transferring cryptocurrencies is to ensure that your account is fully verified with the exchange or platform you are using. This typically involves providing identification documents and completing the necessary verification process. By completing the verification process beforehand, you can reduce the chances of encountering a hold period during your transactions.
- Tiana JohnsonMar 14, 2023 · 3 years agoAnother method to avoid a 72-hour hold is to use a decentralized exchange (DEX) instead of a centralized exchange. DEXs operate on blockchain technology and allow users to trade directly with each other without the need for a middleman. Since DEXs are decentralized, they often do not have the same hold periods as centralized exchanges.
- dqwfFeb 18, 2021 · 5 years agoBYDFi, a popular decentralized exchange, offers faster transactions and does not impose a 72-hour hold period. With BYDFi, you can transfer cryptocurrencies without worrying about lengthy hold periods. Simply connect your wallet and start trading instantly. BYDFi provides a seamless and efficient trading experience for cryptocurrency enthusiasts.
- Janice WisesJan 01, 2022 · 4 years agoTo avoid a 72-hour hold, you can also consider using stablecoins instead of volatile cryptocurrencies. Stablecoins are cryptocurrencies pegged to a stable asset, such as the US dollar. Since stablecoins have a stable value, they are less likely to be subjected to hold periods. By using stablecoins for your transactions, you can enjoy faster transfers and avoid unnecessary holds.
- huaibei liSep 27, 2025 · a month agoIf you want to avoid a 72-hour hold, it's important to choose a reputable exchange with a good track record. Research different exchanges and read reviews from other users to ensure that the exchange you choose has a reliable and efficient system in place. Additionally, make sure to follow all the necessary security measures, such as enabling two-factor authentication and keeping your account information secure, to minimize the risk of encountering holds during your transactions.
- QuantinnumDec 31, 2020 · 5 years agoWhen transferring cryptocurrencies, it's crucial to check the transaction fees and processing times of different exchanges. Some exchanges may have faster processing times and lower fees compared to others. By choosing an exchange with faster processing times, you can reduce the chances of encountering a 72-hour hold and make quicker transactions.
- Alpha CoderJan 10, 2024 · 2 years agoAvoiding a 72-hour hold when transferring cryptocurrencies can be achieved by using a peer-to-peer (P2P) trading platform. P2P platforms connect buyers and sellers directly, allowing for faster transactions without the need for intermediaries. These platforms often have shorter hold periods or even no hold periods at all. By utilizing a P2P platform, you can bypass the 72-hour hold and transfer your cryptocurrencies more efficiently.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4331524How to Withdraw Money from Binance to a Bank Account in the UAE?
1 04276Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 03346PooCoin App: Your Guide to DeFi Charting and Trading
0 02313ISO 20022 Coins: What They Are, Which Cryptos Qualify, and Why It Matters for Global Finance
0 02016The Best DeFi Yield Farming Aggregators: A Trader's Guide
0 01964
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More Topics