How long does it take to approve deposit & withdrawals

The approval time for deposits and withdrawals on ChilizX depends on various factors, including the type of cryptocurrency, the network congestion, and the amount of the transaction.

In general, ChilizX aims to process all deposits and withdrawals as quickly as possible. For deposits, the processing time depends on the speed at which the cryptocurrency network confirms the transaction. Once the transaction is confirmed, the funds will be credited to the user's account on Chiliz Exchange. Once transactions are confirmed on blockchain; it usually takes around 1 To 5 minutes to show in user balance.

For withdrawals, the processing time may also depend on the cryptocurrency and the network congestion. ChilizX typically processes withdrawal requests within a few minutes but in case of larger transactions or risk alerts ChilizX may require additional verifications. In these cases; your withdrawal request might take a few hours to approve for users' protections.