Articles on: Deposit/withdrawals

How long does it take to withdraw cryptocurrencies from my Finst wallet?

In general, a cryptocurrency withdrawal is processed within a few minutes up to a few hours depending on the asset and network. Please note that Finst is not able to influence the execution time of a transaction on the blockchain as this is dependent on the network activity.

In some cases, a withdrawal can be delayed due to one of the following reasons. Please note that this list is not exhaustive.

Your transaction is waiting for confirmation from the blockchain network (Finst cannot influence this process)
You made a withdrawal to a new address which is subject to a cool-down period of up to 48h for safety reasons
Your destination wallet address is potentially associated with a high-risk activity (such as gambling) and your transaction is being reviewed by Finst. This usually takes up to 1 business day but may take longer in some cases and your funds may be frozen or further due diligence may be performed
You may have entered the wrong destination address or transferred through an unsupported network

Updated on: 12/01/2024

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