Hi,

When initiating a crypto withdrawal, there is a warning stating “Large withdrawal can take up to 48 hours”. What is considered as “Large” here? 5 figures? 6 figures? Would be a useful information to know. Put 10 people in a room and ask what a “Large” amount is, you’ll get 10 different answers and it will most probably be drastically different.

I’ve initiated a USDC withdrawal and it’s taking a lot more time than one done about a month ago (took about 10 minutes back then), still waiting to be processed after 1h, but I need it before tomorrow morning 8 AM Eastern Daylight Time.

Thanks.


Posted in Bitstamp Reddit

2 Comments

  1. rickyno on 8. November 2023 at 21:10

    As I wrote this post, it just went through.

    Still, the question is relevant I believe and it would be good to have more clarity / transparency on the website as to wha tyou consider being “Large”.

     


  2. YMIR_THE_FROSTY on 8. November 2023 at 21:10

    In EU, it will be limited to 10k EUR or something, its due legislation. Probably same applies to USA.

    Most likely no limit on crypto.