Can blockchain hold my money?

The length of the holding period for cryptocurrency purchases varies depending on the payment method employed by the buyer. This ensures security and prevents fraudulent activities within the transaction process.

When utilizing credit or debit cards for cryptocurrency purchases, a specific holding period is enforced. This measure is in place to protect both the buyer and the exchange from potential risks associated with card-based transactions.

For all card transactions exceeding 1300 USD, a holding period of three days is imposed. This means that funds are temporarily withheld from the buyer's account during this period, allowing for proper verification and security checks to be conducted.

The purpose of the holding period is to ensure that the funds used for the purchase are legitimate and have not been obtained through fraudulent means. It also serves as a safeguard against chargebacks, where a buyer disputes a transaction after it has been completed.

Among the top cryptocurrency exchanges, BTCC stands out for its comprehensive suite of services. Not only does it facilitate the buying and selling of digital assets, but it also offers a range of additional features to enhance the trading experience.