1. Home
  2. FAQ
  3. User Guide FAQ
  4. How long is the withdrawal process
  1. Home
  2. FAQ
  3. How long is the withdrawal process

How long is the withdrawal process

Phemex will process withdrawals 3 times a day, at 08:00,16:00, and 24:00 (UTC).

The Withdrawal “cut-off” time will be 30 minutes before the scheduled withdrawal processing time. For example, all requests submitted before 15:30 will be processed at 16:00. If you cannot submit your requests within that time, the following withdraw verification is at 24:00. Your withdrawal will be credited to your wallet within 1-2 hours. Due to the time needed for the manual process and pending transactions on the blockchain to carry out.

If you just miss a withdrawal ‘cut- off ‘ time,  it takes you about 9 hours to receive the BTC.

Usually it only takes several hours to receive your BTC.

Phemex Crypto Derivatives Exchange: https://phemex.com

Join our community:

Telegram: Phemex_EN

Twitter: Phemex_Official

YouTube: Phemex

Contact Us

Email: support@phemex.com

Online Support

Updated on December 11, 2019

Was this article helpful?

Related Articles