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The process of withdrawing funds and how long it usually takes.
Why is my withdrawal pending?
When you make a withdrawal request, there are a number of security measures we take to make sure you are the one making the withdrawal and all balances match across our system. Once these checks are done, withdrawals that don't go over the small amount of funds we keep on the website (hot balance), are processed and sent. How long does it take? If you have a withdrawal request that goes over our hot balance, it usually goes into processing in less than 12 hours as we manually need to mov
How are the fees structured?
Withdrawal fees are set to securely cover and scale with the entire process of receiving deposits, migrating them to secure storage and processing the requested withdrawals made across our platform. There are numerous steps involved in this process which include but are not limited to: Migrating funds from our hot wallet (funds on the server) to our offline cold wallets. This process can happen multiple times a day, and each migration carries a transaction fee. If the funds being migrated f
How do I withdraw funds?
You can see the list of our supported cryptocurrencies here. We don't support ETH withdrawals to a contract address We can NOT recover any funds sent to the wrong address, so please double or triple check the address before clicking the Withdraw button. Here are the steps to withdraw funds on CoinFalcon: !(https://storage.crisp.chat/users/helpdesk/website/5a7e4683-483a-449
Why is my withdrawal processing?
Once your withdrawal request has gone through it's pending state, it moves into processing. Processing means we have sent your funds to the address you provided and it is waiting for network confirmation. How long does it take? Withdrawals in processing, can't be cancelled nor can we do anything to speed it up, it is completely dependent on the speed of the currency's network. If you would like to see the withdrawal on the currency's network, you can click on the transaction ID on the hist
What are the withdrawal limits?
We currently do not have any withdrawal limits on accounts. The only limit is the amount of funds we keep on the website (hot balance) thus, if you are making a large withdraw and it is in a pending state, that is why. You can learn more about pending withdrawals here.
How do I withdraw Euro?
To withdraw Euro, you'll be required to verify your account. Please check this article that explains how you can verify your account in less than 5 minutes. The withdrawal fee is 1 Euro per withdrawal transaction It approximately takes 1-3 business days for the funds to reach your bank account. We don't support withdrawals to shared IBANs or third-party services Please refer to the steps below:
Why does my withdrawal say "Check Email"?
Aside from the 2FA code that our withdrawal page requires when making a withdrawal (if you didn't enable 2FA, please check this article on how to enable it), we also send out a withdrawal confirmation email an added security feature. Check the email associated with your CoinFalcon account and look for an email from email@example.com with the subject: "Confirm withdrawal request"
How do I cancel a withdrawal request?
If your withdraw is still in a pending status, you may click the cancel button to stop the withdraw. Keep in mind, once your withdrawal request is in processing, we can't cancel it as we have already sent it out to the address you provided and it is in the currency's network.
What are trading fees?
You can check the the complete information about our fees here. The fees depend on where you are doing your trades as there are two separate platforms that you can use to trade on CoinFalcon: The simple Buy & Sell View The fee on this page is calculated internally by the system and will be displayed in the summary section to make sure you're well informed of the fees before you can confirm the trade. See sample screenshot below
What are the withdrawal fees?