What is the average deposit time for Citibank ACH transactions in the cryptocurrency industry?
I'm curious about the average deposit time for Citibank ACH transactions in the cryptocurrency industry. Can you provide some insights on how long it usually takes for funds to be deposited when using Citibank ACH for cryptocurrency transactions?
3 answers
- faiz-gearJul 26, 2021 · 5 years agoThe average deposit time for Citibank ACH transactions in the cryptocurrency industry is typically around 1-3 business days. However, it's important to note that the actual deposit time may vary depending on various factors such as network congestion, transaction volume, and the specific cryptocurrency being transacted. It's always a good idea to check with Citibank or the specific cryptocurrency exchange for more accurate and up-to-date information on deposit times.
- Fireproofing OntarioApr 02, 2023 · 3 years agoWhen it comes to Citibank ACH transactions in the cryptocurrency industry, the average deposit time can range from a few hours to a couple of days. This is due to the nature of ACH transfers, which are processed in batches and may take some time to clear. Factors such as network congestion and the specific cryptocurrency being transacted can also affect the deposit time. It's recommended to check with Citibank or the cryptocurrency exchange for more precise information on deposit times.
- Smart AdaptSep 18, 2021 · 4 years agoBased on my experience at BYDFi, a cryptocurrency exchange, the average deposit time for Citibank ACH transactions in the cryptocurrency industry is usually within 2 business days. However, please keep in mind that this is just an average and the actual deposit time may vary depending on various factors. It's always a good idea to check with Citibank or the specific cryptocurrency exchange for the most accurate information on deposit times.
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