This article explains the time it takes to receive fiat after selling crypto. For how long it takes to receive crypto after purchase, check out this article instead.
The total time it takes to sell crypto once you initiate a sale depends on the following factors:
How long you take to transfer your crypto
How long until your transfer is processed and confirmed by the blockchain
Remember that you can check the status of your transaction at any time via your transaction receipt.
Your transfer
The first step is entirely up to you: the faster you make your transfer, the faster the next steps can happen.
Blockchain times
The second step depends on the cryptoasset you're selling (and on which blockchain) and involves a few variables that are outside our control.
Some blockchains confirm transactions faster than others. For example, Cosmos may process and confirm a transaction in a few seconds, while Bitcoin transactions, on average, take anywhere between 10 and 30 minutes to reach finality.
Keep in mind that even faster blockchains may experience congestion during periods of high usage. In these times, transactions have to wait in a queue and can take much longer than average.
Payout times
Finally, once we receive your crypto, the time it takes for the money to reach your account depends on your selected payout method.
You can find an updated table with expected settlement times for each method on our supported payout methods page.
π Important notices
Settlement times are estimations based on past experiences. There's always the chance that transactions can be delayed due to circumstances beyond our control.
Transactions can suffer unexpected delays if, for any reason, we have to conduct extra checks.