Why is my cryptocurrency sale on hold?  (2024)

Why is my payment on hold or unavailable?

Your crypto sale / crypto sale proceeds may be on hold due to the unique activity profile of your account.PayPalholdsfunds for a variety of reasons based on the activity of the account.

Check your accountforspecificreasons as to why we are holding your money and to learn how you can release it.

Is there a hold when I sell mycryptocurrency?

Ifyou buycryptocurrencies but we have not yet received the cleared purchase funds from you, we are entitled to retain the proceeds of any sale by you of yourcryptocurrencies pending our receipt of those cleared purchase funds.

We may place a temporary hold on these funds while they are pending(note the hold may not be released if we do not receive cleared purchase funds or if there is another issue with the payment or the account). As with all transactions, crypto sales are subject to review and could be delayed or stopped if there is an issue.

Why are the payments for the sale ofcryptocurrency placed on hold?

Holds can be placed on a cryptocurrencysell transaction during abank transfer(or whereanother issue with thepaymentor the account isidentified). When the cryptocurrencysale is on hold during a bank transfer, the funds being transferred from your bank have not cleared in the original purchasing transaction. The temporary hold on the funds will be released upon the outstanding amount clearing.

Keep in mind that not allsell transactionswill be put onhold.A hold may not be released if the payment transferred from your bankdoesnot clear or if another issue with the payment or the account isidentified.

How long will thesell transaction(payment) be on hold?

The hold time will vary depending on several risk factors, such as the amount waiting to be cleared from the bank transfer, and cangenerallytake up to8days.

Will future transactions be held?

Wecannotsay with 100% certainty that no holds will be placed in the future, but if your account is in good standing then there is usually no reason for us to raise any concerns about your account.

Why is my withdrawal from PayPal on hold?

Toprovideasafe online payment serviceour internal security system reviews every transaction beforeit isreleased. Usually, withdrawals can takeanywherefrom 2-72hrsto complete through our system.Generally, they'llcomplete within 2 hours;however,we occasionally hold a withdrawal for further review. 

These reviews of withdrawals can happen for various reasons. For example, you may have received an amount of money that is larger than usual for your account, you may be logging in from anunsecured networkor you may have made changes to your account Settings recently.

Oncewe havefinished our review your withdrawal will show as ‘completed’ and will be processed to your bank account, providing that the reviewhas notturned up any issues. Withdrawals to bank accounts can take up to 8 working days depending upon your bank's processing times.

Why is my cryptocurrency sale on hold?  (2024)
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