Cryptocurrency Q&A
How long does WazirX P2P take?
How long does WazirX P2P take?
Valentina
Wed Jul 31 2024
|
7 answers
1741
Excuse me, could you please elaborate on the processing time for WazirX's Peer-to-Peer (P2P) transactions? I'm curious to know the average duration it takes for a transaction to be completed on the platform, from the moment of initiation to its final confirmation. Are there any factors that might influence this timeline, such as the volume of transactions, the time of day, or the specific cryptocurrencies involved? I'm particularly interested in understanding the efficiency and reliability of the WazirX P2P system for users like myself. Thank you in advance for your clarification.
7 answers
Giulia
Fri Aug 02 2024
When a trade is successfully matched on a cryptocurrency exchange, buyers are given a brief window of opportunity to review and decide on the transaction.
Was this helpful?
300
81
Giulia
Fri Aug 02 2024
Specifically, buyers have 10 minutes upon trade matching to confirm their intention to proceed with the purchase.
Was this helpful?
262
25
TaekwondoMasterStrengthHonor
Thu Aug 01 2024
They are required to confirm the receipt of payment within 2 hours of actually receiving the funds.
Was this helpful?
151
39
Elena
Thu Aug 01 2024
This confirmation step allows buyers to reevaluate the terms of the trade and ensure they are comfortable with the agreed-upon price and conditions.
Was this helpful?
322
64
EthereumEagleGuard
Thu Aug 01 2024
Once buyers have decided to proceed, they are granted 60 minutes to complete the payment process.
Was this helpful?
240
48
Load 5 more related questions
