Articles on: Deposit/withdrawals
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How long does it take to deposit cryptocurrencies?

For security reasons and to avoid the risk of double spending, we require cryptocurrency deposits to receive a certain number of confirmations on their respective blockchain before the funds can be credited to your account.

In cryptocurrencies, confirmations measure how many blocks have passed since a transaction was added to a certain blockchain. Once a transaction has been included in a mined block, the transaction has received 1 confirmation. With each subsequent block, the number of confirmations increases for the transaction. The more confirmations, the more secure the transaction.

The execution times can vary based on the speed you selected when initiating your transfer, the conditions of the network and the number of required blockchain confirmations.

Below you can find an overview of the required number of confirmations for every cryptocurrency supported by Finst.

Please note that we are not able to affect or control the speed at which transactions are confirmed on their respective blockchains.

AssetTickerBlockchain confirmationsExpected time
0xZRX6412 min
AaveAAVE6412 min
AlgorandALGO130 sec
AvalancheAVAX201 min
Basic Attention TokenBAT6412 min
Binance CoinBNB251 min
BitcoinBTC220 min
Bitcoin CashBCH152,5 hr
CardanoADA1510 min
ChainlinkLINK6414 min
ChilizCHZ6412 min
CompoundCOMP6412 min
CosmosATOM11 min
CronosCRO6412 min
Curve DaoCRV6414 min
DecentralandMANA6414 min
DogecoinDOGE4040 min
EnjinENJ6414 min
EosEOS230 sec
ETH classicETC12006 hr
EthereumETH6414 min
Fetch.aiFET6412 min
GnosisGNO6412 min
Kyber NetworkKNC6412 min
LitecoinLTC1030 min
LoopringLRC6412 min
MakerMKR6414 min
Near ProtocolNEAR11 min
NumeraireNMR6412 min
Pax GoldPAXG6412 min
PolkadotDOT21 min
PolygonMATIC6414 min
PowerledgerPOWR6412 min
QuantQNT6414 min
RippleXRP130 sec
SolanaSOL130 sec
StorjSTORJ6412 min
SushiSwapSUSHI6412 min
TetherUSDT6412 min
TronTRX130 sec
UniswapUNI6414 min
USD CoinUSDC6412 min
Yearn FinanceYFI6414 min

Updated on: 08/12/2023

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