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How much time does it take for cryptocurrency deposits and withdrawals to take place?

In XREX, the time it takes to deposit and withdraw cryptocurrencies depends on the chain.

Updated yesterday

Deposit cryptocurrencies

To deposit cryptocurrency usually takes place within 1-2 hours. However, it still depends on different types of currencies and the corresponding blocks required for confirmation. Please reference the table below.

Available to all users

(XREX Taiwan & XREX Global)

Currency

Required Confirmation

BTC

1 Block

ETH

12 Blocks

USDT (ERC-20)

12 Blocks

USDT (TRC-20)

6 Blocks

XRP

1 Block

BCH

2 Blocks

USDC (ERC-20)

12 Blocks

SOL

1 Block

DOT

2 Blocks

LINK

12 Blocks

SKY

12 Blocks

POL

24 Blocks

BNB

12 Blocks

AVAX

12 Blocks

SAND

12 Blocks

AAVE

12 Blocks

APE

12 Blocks

MANA

12 Blocks

ATOM

10 Blocks

USD1

12 Blocks

USD91

12 Blocks

USD971

12 Blocks

ARB

24 Blocks

LDO

12 Blocks

SNX

12 Blocks

ADA

24 Blocks

Available to XREX Global users only

Currency

Required Confirmation

USD1

12 Blocks

USD91

12 Blocks

USD971

12 Blocks

The deposit time may be longer due to the following reasons:

  • Gas Fees: The amount of gas fees affects how quickly the transaction is processed.

  • Blockchain Network Congestion: When the network experiences high transaction volume, it may take longer for the deposit to be completed.

Withdraw cryptocurrencies

It normally takes up to 2 hours for a crypto withdrawal. Still, it depends on different types of currencies and the number of blocks set by the destination.

If you have any questions during deposit or withdrawal, please contact our Customer Support Team via the XREX App or email support@xrex.io for more assistance.

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