How long does it take for a trc20 usdt withdrawal? - Pionex Trading Bot (2024)

FAQs

How long does it take for a trc20 usdt withdrawal? - Pionex Trading Bot? ›

TRC20 USDT Withdrawal usually takes time less than 5 minutes. Every withdrawal processing time is depend on the blockchain confirmation. If the network is smooth , the confirmation will be faster , thus the deposit/withdrawal will be credited faster.

It typically takes anywhere from 10 to 20 minutes to transfer USDT-TRC20 from Coinbase Exchange to Token Pocket. However, this may vary depending on network congestion and the specific wallet you are using. It is always a good idea to double check with your wallet provider to confirm the exact processing time.

Many withdrawals will take a matter of minutes with Pionex, but some may get delayed up to an hour or even longer if manual reviews are required. It is also important to keep in mind that the withdrawal time will also vary depending on which blockchain you are using.

The withdrawal process typically takes a few business days to complete. Withdrawing USDT to a bank account is a process you can complete in a few straightforward steps. Understanding this procedure is essential to transfer your digital funds securely into fiat currency.

The conversion is done instantly at a 1:1 exchange.

Solana can achieve an incredible throughput of 50k transactions per second, which makes it simply the quickest network in the entire industry. This ensures that USDT transactions on Solana are processed within seconds. Additionally, the cost of transactions on Solana is usually lower than one cent.

How long does Pionex take to verify? ›

After taking a photo of your ID card and selfie, the system will verify, and usually the review will be finished within 15 – 60 minutes. You can leave the page temporarily and check the status later.

Pionex is authorized as a Money Services Business (MSB) under the US Financial Crimes Enforcement Network (FinCEN), affirming its status as a legitimate and trusted platform. The MSB license allows the exchange to legally offer its crypto exchange services in 48 states and territories.

You can create a bot with no less than 11 USDT. If you are new to Pionex, we recommend over 50 USDT to test the bot. It will be suitable for almost all the bots and parameters.

Transaction processing speed in the TRON blockchain

The network is capable of processing about 1 500 transactions per second. The speed will directly depend on how many users are currently making transfers. On average, it will take up to 3 minutes to confirm your transfer.

Depositing & Withdrawing Guide

TRC20, also known as USDT-TRON, is Tether's USDT that is issued on the TRON network. It is a technical standard token, and It works based on TRON's network or blockchain, using TRON's address, which means that all transactions made with the TRC20 take place on the TRON network.

To track a Tether USDT TRC20 transaction, visit the Bitquery Explorer, and enter the transaction ID or wallet address in the search bar to view the transaction history.

Transaction processing speed in the TRON blockchain

On average, it will take up to 3 minutes to confirm your transfer. As the number of active nodes increases, this time may change.

TRC20 transactions are quite fast because of the speed of the TRON network. About 2000 transactions can go through in a second! Most crypto exchanges, like Binance, Bitfinex, Kucoin, etc., support the token.

If you want to withdraw the USDT TRC20 to your bank account, you need to first swap the token for Bitcoin or Ethereum in your Trust Wallet account. Then, you must send the Bitcoin or Ethereum to a popular exchange that allows you to cash out your cryptocurrencies.