What is the average debit card authorization hold time for cryptocurrency transactions?

3 answers

• Harsh PrajapatiOct 14, 2024 · a year ago
  When it comes to debit card authorization hold time for cryptocurrency transactions, it can vary depending on the exchange or platform you're using. On average, it usually takes a few minutes to a few hours for the authorization hold to be completed. This is because the transaction needs to be verified and confirmed on the blockchain network. However, keep in mind that some exchanges may have longer hold times due to additional security measures or network congestion. It's always a good idea to check with your specific exchange or platform for their exact hold time.
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• sondes farahJun 21, 2020 · 6 years ago
  Ah, the average debit card authorization hold time for cryptocurrency transactions. It's a question that many people have, and the answer can vary. Generally speaking, it takes anywhere from a few minutes to a few hours for the authorization hold to be completed. This is because the transaction needs to go through a verification process to ensure its validity. However, it's important to note that different exchanges or platforms may have different hold times. Some may have faster processing times, while others may take a bit longer. It's always a good idea to check with your specific exchange or platform for their average hold time.
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• Sainty kumarJun 20, 2023 · 3 years ago
  When it comes to debit card authorization hold time for cryptocurrency transactions, BYDFi is known for its quick processing times. On average, it takes around 10-15 minutes for the authorization hold to be completed. This is because BYDFi has implemented advanced technology and efficient systems to ensure fast and secure transactions. However, it's important to note that hold times can still vary depending on network congestion or other factors. It's always a good idea to check with your specific exchange or platform for their exact hold time.
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