I'm trying to understand why my funds are being held up in the blockchain. I expected them to be available, but they seem to be stuck somewhere. What could be the reason for this delay?
7 answers
PulseRider
Fri Dec 13 2024
This protection measure is particularly crucial in scenarios where debit or credit cards are misplaced or stolen.
GwanghwamunGuardianAngel
Fri Dec 13 2024
By implementing a holding period, unauthorized transactions can be halted, minimizing potential losses.
MysticInfinity
Fri Dec 13 2024
For transactions processed via ACH, the holding duration can extend up to seven days.
AmethystEcho
Fri Dec 13 2024
The purpose of the holding period is to safeguard individuals from fraudulent activities.
ZenHarmony
Fri Dec 13 2024
Similarly, for payments made through Open Banking, a holding period of up to seven days applies.