Deposits and withdrawals on our platform may take different time depending on the asset and the product.

Transfers

Deposits to Wallet

You can top up your Wallet balance with fiat or crypto.

Fiat deposits

Wire transfer, SEPA, and SWIFT usually take up to 3 business days.

Crypto deposits

Different cryptocurrencies may have different transaction speeds: it mostly depends on the network load and the number of confirmations for a transfer to come through. See how many confirmations are required to successfully deposit each currency in our article. For instance, it’s 3 confirmations for BTC, 30 for ETH, and 1 for XRP.

Crypto deposits usually take up to 24 hours to proceed.

Withdrawals from Wallet

Fiat withdrawals

CoinLoan offers two withdrawal options for fiat — SEPA and SWIFT. Fiat withdrawals are processed during business days and may take up to 24 hours to be sent. Both SEPA and SWIFT transfers may take up to 3 business days to arrive in your bank account.

Crypto withdrawals

Different cryptocurrencies may have different transaction speeds: it mostly depends on the network load. Crypto withdrawals usually take up to 24 hours to proceed.

Transactions within the platform

Deposits to Interest Account

Deposits to Interest Account from the CoinLoan Wallet are processed immediately – no need to wait.

Note: To deposit assets to your Interest Account, you should have the needed sum on your Wallet balance. Funding Interest Account is available only from the CoinLoan Wallet.

Withdrawals from Interest Account

All Interest Account withdrawals are processed once a day at 14:00 UTC. If you make a withdrawal request before 14:00 UTC, the withdrawal will be processed on the same day; if after 14:00 UTC, the withdrawal will be processed on the next day.

Note: You can always check your withdrawal status in the Transactions section of the Interest Account tab in your web app.

Transactions section of the Interest Account tab — Web platform

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