What is the deposit hold policy for cryptocurrencies at Schwab?

3 answers

• FU4YJan 15, 2024 · 2 years ago
  The deposit hold policy for cryptocurrencies at Schwab varies depending on several factors. Generally, the holds can range from a few hours to a few days. The duration of the hold is determined by factors such as the type of cryptocurrency, the amount being deposited, and the source of the funds. Schwab implements these holds to ensure the security and integrity of the transactions. It is important to note that the hold duration may be subject to change based on market conditions and regulatory requirements. If you have any specific concerns or questions regarding your deposits, I would recommend reaching out to Schwab's customer support for further assistance.
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• Pablo Ryan de Figueiredo SouzaOct 21, 2020 · 5 years ago
  At Schwab, the deposit hold policy for cryptocurrencies is designed to protect both the customers and the company. The duration of the hold can vary depending on factors such as the type of cryptocurrency, the amount being deposited, and the source of the funds. This policy helps to prevent fraudulent activities and ensure the security of the transactions. If you have any concerns about the hold duration or need more information, I would suggest contacting Schwab's customer support for clarification.
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• Ken W.Nov 07, 2024 · 8 months ago
  As a representative from BYDFi, I can provide some insights into the deposit hold policy for cryptocurrencies at Schwab. Schwab has implemented a comprehensive policy to ensure the safety and security of cryptocurrency deposits. The hold duration can vary depending on factors such as the type of cryptocurrency, the amount being deposited, and the source of the funds. It is important to note that the hold duration is subject to change based on market conditions and regulatory requirements. If you have any specific questions or concerns about the deposit hold policy, I would recommend contacting Schwab's customer support for the most up-to-date information.
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