How long does it take to get the money from Euromoney? The complete process from operation to payment
After using the OKX trading platform to sell coins, many users are concerned about how quickly the funds can be transferred to their account after selling coins. In this article, we will explain how to sell cryptocurrency and quickly withdraw funds to your personal account, from the process to the exact time when the funds will be deposited. Whether you're a first-time user or an experienced cryptocurrency investor, you'll find practical help and guidance in this article.
Basic Operation Procedure of Euromoney
Before you can understand how long it takes for your account to be credited after you sell coins, you need to know the basic process of selling coins on Ouyee. Simply put, the steps involved in selling coins are as follows:
- Log in to your Ouyee account and select the "Trade" function.
- Select the currency you wish to sell in the trading screen and set the quantity to sell.
- Confirm the sell price and select the market price or limit order to sell.
- Upon completion of the transaction, the funds will go into your Euromoney Wallet.
After you sell your coins, the funds will be kept in your Coin Wallet on the Ouyi platform, waiting for you to withdraw them.
When will I receive my funds after selling my coins?
Generally, funds from an Ouyee coin sale will appear in the user's account balance as soon as they are available. The exact time of day varies depending on several factors. Depending on the specifics of the transaction, funds from a coin sale are usually updated to the account balance within 1 to 5 minutes and can be checked at any time.
However, more factors need to be taken into account regarding the time it takes to withdraw funds to your bank account. For example:
- Withdrawal Currency: Different cryptocurrencies have different speeds of withdrawal, with mainstream currencies such as Bitcoin and Ether usually withdrawing faster, while stablecoins or other smaller currencies may withdraw slightly slower.
- Withdrawal Method: The chosen method of withdrawal (e.g. bank card or third party payment system) also affects the time taken for the account to be credited. Cryptocurrency transfers to bank cards generally take about 24 hours, sometimes depending on the bank's processing speed.
Specific procedures for withdrawing funds to your bank card
Withdrawal is a key operation to transfer the funds obtained from selling coins to your real bank account. Below is the procedure for withdrawing funds to your bank card:
- After logging in to your Eurowest account, go to the "Funds" page and select the "Withdrawal" option.
- On the Withdrawal page, select the "Fiat Withdrawal" function and choose the currency you wish to withdraw (e.g. USDT, BTC, etc.).
- Enter the amount you want to withdraw and the corresponding withdrawal method, and fill in your card account information.
- Confirm the information and complete the withdrawal request.
Generally, Eurowest requires additional identity verification for card withdrawals, which helps to protect the security of the transaction. Upon completion of identity verification, your withdrawal request will be processed.
Factors Affecting Account Speed
The speed of withdrawals from Euroway to bankcard can be affected by several factors, mainly:
- Speed of Processing within the Exchange: The Euronext platform conducts several rounds of audits when processing withdrawal requests to ensure the legitimacy and security of the transaction. Typically, this process is completed within a few minutes, but may take a little longer during peak periods.
- Blockchain Network Congestion: Cryptocurrency withdrawals are subject to blockchain confirmation. If the blockchain network is congested at the time, it may cause delays in the withdrawal time. Especially when the Bitcoin or Ether network is heavily loaded, the transaction confirmation time may become longer.
- Processing time of banks: The bank's working days and processing procedures will also affect the time it takes to credit your account. If a withdrawal is made on a weekend or holiday, it will have to wait until a business day to be credited.
Frequently Asked Questions and Solutions for Euromillions Cash In
Even though Euronext is a large exchange that usually guarantees fast withdrawals, there are still some instances where users may experience delays or other problems. Below are some common problems and their solutions:
1. long withdrawal time
If it takes too long to withdraw funds, you can first check whether it is due to the delay of the banking system or the blockchain network congestion. At this time, you can contact Ouyi customer service to understand the progress.
2. Failed or rejected withdrawals
This is usually due to data errors or transaction problems. For example, the card details were filled in incorrectly, or the currency of the withdrawal did not meet the bank's requirements. It is advisable to double-check the withdrawal details and perform identity verification if necessary.
3. Inability to choose a suitable withdrawal method
If you do not have certain withdrawal methods enabled on your account, you may not be able to select card withdrawal. In this case, you will need to configure your account accordingly or select another available withdrawal method.
How can I increase the speed of my funds after selling my coins?
If you're looking to speed up the arrival of your funds, consider the following tips:
- Choose a stable currency to trade with: Stabilized currencies (such as USDT) typically have higher transaction liquidity and faster transfer processing.
- Choose a faster withdrawal methodFor example, the use of third party payment platforms or instant payment services, which can avoid the cumbersome steps in the banking system.
- Avoid peak operations: Operating during hours when exchanges and blockchain networks are relatively free can effectively minimize the chance of processing delays.
Trivia
To summarize, the time it takes for funds to be credited to your account after selling coins on Ouyi, from the time the transaction is successful to the time the platform displays your account balance, is usually very fast, usually within 1 to 5 minutes. If you need to withdraw your funds to your bank card or other means, you need to consider the bank's processing time and the condition of the blockchain network. Understanding these processes and considerations will help you manage and use your cryptocurrency assets more efficiently.
We hope that this article will help you to complete the Ouyee coin selling operation more smoothly and increase the efficiency of the funds arrival. If you have any other questions or concerns, please feel free to contact Euromoney Customer Service or check the relevant help documents.