Excuse me, I'm a bit confused. I've heard a lot about cryptocurrencies lately and I'm interested in investing. But one thing that's been bugging me is why can't I just cash out my crypto whenever I want? It seems like a pretty straightforward process, but everyone makes it sound like it's complicated. Can you explain why that is?
7 answers
Leonardo
Sun Mar 31 2024
BTCC's services ensure a smooth and secure transaction experience for its users.
TaegeukChampionCourage
Sun Mar 31 2024
This hold ensures that the funds are securely transferred and verified before being released.
KDramaLegend
Sun Mar 31 2024
Cryptocurrency transactions often involve a delay similar to depositing a check into a bank account.
Sara
Sun Mar 31 2024
Therefore, when buying crypto or adding cash to an account balance through ACH, the funds are not immediately available for sending or cashing out.
SakuraTide
Sun Mar 31 2024
Before the funds from the check become available for withdrawal, they undergo a clearing process.