How long does it take to withdraw digital currency?

Withdrawing Bitcoin and Ethereum

At Bitcoin Prosper, our goal is to release 99% of Bitcoin and Ethereum withdraw transactions in a 24 hour period. You can withdraw up to BTC 8 or ETH 4 in any 15-day period (once ID verification has been completed) from Bitcoin Prosper and your transaction will be processed accordingly. This is a security measure.

If you want to withdraw more than BTC 8 or ETH 4 per 15 day period, your withdraw transaction will remain pending until we process it, according to the table below. If you have a pending transaction, you can cancel it before the cut-off times, below.

Pending withdraw transactions are processed manually in batches once a day, Monday to Friday, at the the times shown in the table below.

Send cut-off time (GMT)

Send release time (GMT)

06:00
10:00
13:00
15:00

07:00
11:00
14:00
16:00

Example 1

Mary withdraws BTC 8 . Because his transaction is larger than BTC 8, it will be manually processed according to the time table above. The entire 8 Bitcoin will remaining pending until it is processed.

Example 2

Tina withdraws BTC 6 . The BTC 6 is automatically withdraw in the mentioned timeframe. Immediately afterwards, Tina withdraws another BTC 8 . Because BTC 4 + BTC 6 is more than BTC 8 (the limit in a 15 day period), Tina’s second withdraw transaction (BTC 8) will remain pending until it is processed.

If this happens during the weekend, Tina will have to wait at least 10 days for her second transaction (BTC 8) to be processed.

When will my digital currency arrive at its destination?

Digital currency transactions must be confirmed on the blockchain before they are considered final. It takes time for the network to confirm the transaction and this is not within Bitcoin Prosper’s control.

Confirmation times vary based on blockchain network congestion. It also depends on the transaction fee paid by the person withdrawing the funds. If the fee is high enough, transactions can be processed in approximately  24 hours. In unusual circumstances (a combination of high congestion and low fees), it may take much longer to be confirmed.