Blockchain.com may apply a holding period on recent crypto purchases for security purposes. The length of the holding period depends on various factors, including your payment method, currency, and any abnormal activity or security concerns associated with your account.
Crypto purchased via ACH (USD)
When you send USD to your Blockchain.com account or buy crypto via ACH transfer, we use the ACH Payment network, which typically takes 2 to 4 business days, but may be longer over weekends and holidays. Here’s what you should know:
- Your account will be credited instantly in most cases, but it can take up to 5 business days.
- Once credited, you can sell, swap, or start earning rewards immediately.
- USD deposited via ACH is available for trading instantly, but it cannot be withdrawn from your account for 7 days, nor can the equivalent value of any assets into which you exchanged the USD that you deposited via ACH.
After the holding period expires, you will be able to withdraw the funds. This holding period is necessary to make the funds instantly available for trading.
GBP (Open Banking transfer, currently disabled)
When you send GBP to your Blockchain.com account or buy crypto via GBP Open Banking transfer (Easy Bank Transfer), your funds usually arrive within minutes, although sometimes they can take up to two hours. Here’s what you should know:
- Your account will be instantly credited with the amount purchased, allowing you to sell, swap, or start earning rewards immediately.
- If you'd like to send or withdraw your funds, please wait up to 7 days in extenuating circumstances for our email confirmation that we've received your funds and the holding period is lifted. Usually, this is the same day as your transfer.
EUR (Open Banking transfer, currently disabled)
When you send EUR to your Blockchain.com account or buy crypto via EUR Open Banking transfer (Easy Bank Transfer), your funds usually arrive within minutes, although sometimes they can take up to two hours. Here’s what you should know:
- Your account will be instantly credited with the amount purchased, allowing you to sell, swap, or start earning rewards immediately.
- If you'd like to send or withdraw your funds, please wait up to 7 days in extenuating circumstances for our email confirmation that we've received your funds and the holding period is lifted. Usually, this is the same/next business day as your transfer.
Holding period for customers migrated from SoFi
We want to inform you about a temporary hold on your crypto withdrawals after completing your migration. Here's what you need to know:
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Crypto Withdrawal Lock after Migration:
- After migrating, there is a 48-hour withdrawal lock on the crypto transferred from SoFi.
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Trading Options During the Hold:
- While your assets are on hold, you can still trade them within Blockchain.com.
- Withdrawals from your Blockchain.com account will not be possible during this period.
We appreciate your understanding and cooperation during this period. If you have any questions, feel free to reach out to us.
Can I expedite my withdrawal?
At this time, we don’t have a way to speed up your withdrawal or cut down on the holding period. As we improve our products and security, we hope to make it possible for most customers to have more seamless experiences.
For now, we’ve implemented a hold period of up to 7 days for ACH and Open Banking deposits and orders. This is designed to protect you, your funds, and our funds from fraud. It’s a common practice in the digital asset space, prioritizing security.