Why is my cryptocurrency sale on hold?  (2024)

Why is my payment on hold or unavailable?

Your crypto sale/crypto sale proceeds may be on hold due to the unique activity profile of your account.PayPalholdsfunds for a variety of reasons based on the activity of the account.

Check your accountforspecificreasons as to why we are holding your money and to learn how you can release it.

Is there a hold when I sell mycryptocurrency?

Ifyou buycryptocurrencies but we have not yet received the cleared purchase funds from you, we are entitled to retain the proceeds of any sale by you of yourcryptocurrencies pending our receipt of those cleared purchase funds.

We may place a temporary hold on these funds while they are pending(note the hold may not be released if we do not receive cleared purchase funds or if there is another issue with the payment or the account). As with all transactions, crypto sales are subject to review and could be delayed or stopped if there is an issue.

Why are the payments for the sale ofcryptocurrency placed on hold?

Holds can be placed on a cryptocurrencysell transaction during abank transfer(or whereanother issue with thepaymentor the account isidentified). When the cryptocurrencysale is on hold during a bank transfer, the funds being transferred from your bank have not cleared in the original purchasing transaction. The temporary hold on the funds will be released upon the outstanding amount clearing.

Keep in mind that not allsell transactionswill be put onhold.A hold may not be released if the payment transferred from your bankdoesnot clear or if another issue with the payment or the account isidentified.

How long will thesell transaction(payment) be on hold?

The hold time will vary depending on several risk factors, such as the amount waiting to be cleared from the bank transfer, and cangenerallytake up to8days.

Will future transactions be held?

Wecannotsay with 100% certainty that no holds will be placed in the future, but if your account is in good standing then there is usually no reason for us to raise any concerns about your account.

Why is my withdrawal from PayPal on hold?

Toprovideasafe online payment serviceour internal security system reviews every transaction beforeit isreleased. Usually, withdrawals can takeanywherefrom 2-72hrsto complete through our system.Generally, they'llcomplete within 2 hours;however,we occasionally hold a withdrawal, for further review. 

These reviews of withdrawals can happen for various reasons. For example, you may have received an amount of money that is larger than usual for your account, you may be logging in from anunsecured networkor you may have made changes to your account Settings recently.

Oncewe havefinished our review your withdrawal will show as ‘completed’ and will be processed to your bank account, providing that the reviewdid notturn up any issues. Withdrawals to bank accounts can take up to 8 working days depending upon your bank's processing times.

Why is my cryptocurrency sale on hold?  (2024)

FAQs

Why is my cryptocurrency sale on hold? ? ›

Holds can be placed on a cryptocurrency sell transaction during a bank transfer (or where another issue with the payment or the account is identified). When the cryptocurrency sale is on hold during a bank transfer, the funds being transferred from your bank have not cleared in the original purchasing transaction.

Why are my crypto funds on hold? ›

Funds on hold

When you use a linked bank account (ACH) to buy crypto or add cash to your account balance, the funds are placed on hold and won't be immediately available to send or cash out. Think of this like depositing a check to your bank account and having to wait for it to clear before you can remove the funds.

How long do you have to hold crypto before selling? ›

If you held the virtual currency for one year or less before selling or exchanging the virtual currency, then you will have a short-term capital gain or loss. If you held the virtual currency for more than one year before selling or exchanging it, then you will have a long-term capital gain or loss.

What does typical hold time mean in cryptocurrency? ›

Typical hold time shows the median time that Coinbase customers typically hold an asset before selling it or sending it to another account or address. This time can be driven by any number of factors, including but not limited to individual financial circ*mstances, risk appetite, investment strategy, and taxes.

What is the holding period for blockchain? ›

A holding period of 3 days is applied to every card transaction, the amount of which is more than 1300 USD. Thus, if you'd like to withdraw your funds to a DeFi Wallet or an external address, please wait 3 days (72 hours) for the holding period to complete before doing so.

Why is crypto com holding my money? ›

All Users' deposits are held in cold storage, for security reasons, however, withdrawal requests - for all cryptos - are automated.

How do I get my Coinbase funds off hold? ›

Why are my funds on hold? Funds reserved for open orders are placed on hold and will not appear in your available balance until the order is executed or canceled. If you would like to release your funds from being on hold, you will need to cancel the associated open order.

How long do crypto sales take to settle? ›

Blockchain times

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.

What happens if seller does not release crypto? ›

If the seller does not release the coins in time: after the buyer has successfully completed the payment by using the real-time payment method, the P2P specialist team will contact the seller to release coins.

Is it better to hold crypto or sell? ›

Historically, long-term Bitcoin investors have been rewarded for their patience, riding out significant price fluctuations to see considerable profits. If you originally invested because you believed in Bitcoin's long-term value, then selling during a downturn may contradict your original investment strategy.

What does "hold" mean in crypto? ›

HODL = HOLD. Hold On (for) Dear Life. The act of holding bitcoin, Ethereum, Dogecoin or other cryptocurrencies and refusing to sell. A rallying call in the crypto community to encourage people to keep holding their coins even when there are price drops or a bear market begins.

What is the holding period in crypto? ›

Did you know that the average holding period for Bitcoin is over 4 years? Other networks, such as Cardano and Avalanche, offer shorter average holding periods of 11.4 and 5.6 months.

How long do you hold crypto for? ›

You may be able to reduce capital gains using the CGT discount if you hold your crypto asset for at least 12 months. If you hold the crypto asset as an investment, it will not be exempt from CGT as a personal use asset.

Why is my Bitcoin on hold? ›

Holds can be placed on a cryptocurrency sell transaction during a bank transfer (or where another issue with the payment or the account is identified). When the cryptocurrency sale is on hold during a bank transfer, the funds being transferred from your bank have not cleared in the original purchasing transaction.

How do I get my money out of blockchain? ›

On iOS/Android
  1. Login to your Wallet on the Blockchain.com iOS/Android app.
  2. Switch from DeFi Wallet to Blockchain.com Account if necessary.
  3. On the homepage, select US Dollar.
  4. Click Cash Out and select your linked wire bank account.
Mar 26, 2024

How long can a transaction be pending on blockchain? ›

1) Bitcoin: A Bitcoin transaction can be pending for several hours or even days, especially during periods of high network congestion. 2) Ethereum: An Ethereum transaction can be pending for several minutes to several hours, depending on the network congestion and the transaction fee.

Why would funds be on hold? ›

Reasons for an Account Hold

A deposit of a large check, an out-of-state check, or a foreign check may trigger an account hold. New accounts are typically subject to holds on initial deposits. A bank may temporarily block the use of funds to investigate suspicious activity or identity theft.

Why is Coinbase holding my funds for 8 days? ›

Coinbase doesn't allow you to withdraw crypto to your wallet or send your cash out for a holding period of 7-10 days (this number could be longer or shorter). They enforce this holding when you fund your Coinbase account via a linked bank account (ACH).

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