Home web3.0 How long does it usually take to withdraw NEM coins?

How long does it usually take to withdraw NEM coins?

Jul 04, 2024 pm 05:45 PM
Blockchain exchange Blockchain browser

The withdrawal time of NEM is affected by network congestion, amount and handling fees, and is generally completed within 30 minutes to a few hours. You can check the withdrawal status through wallet transaction records or blockchain browser. If the withdrawal is delayed, you can check the transaction records, contact the exchange customer service or the NEM support team for help.

How long does it usually take to withdraw NEM coins?

How long does it usually take to withdraw NEM coins?

New Economic Coin (NULS) withdrawal time depends on a variety of factors, including:

  1. Withdrawal network congestion
  2. When the network is congested, the time required for withdrawal confirmation will increase.
  3. Withdrawal amount
  4. Withdrawals of smaller amounts are often confirmed faster than withdrawals of large amounts.
  5. Handling fee
  6. Paying a higher handling fee can speed up the confirmation of currency withdrawal.

Generally, the NEM withdrawal time is as follows:

  • When the network is not congested: 30 minutes to 2 hours
  • When the network is congested: It may take a few hours or more

How to check the withdrawal status?

You can check the withdrawal status through the following methods:

  • Log in to the NEM wallet: Go to the "Transaction History" page and look for your withdrawal record.
  • Use a blockchain explorer: For example NULS Explorer, enter your transaction ID or address to view the status of your withdrawal.

What should I do if the withdrawal time takes too long?

If you still haven’t received your withdrawal after the expected time, you can take the following steps:

  • Check the transaction history: Make sure the withdrawal has been initiated successfully.
  • Contact the exchange customer service: If you are withdrawing coins from the exchange, please contact customer service for help.
  • Contact NEM Support Team: Ask for help through the official website or social media platforms.

Please note that this content has nothing to do with NEM (XEM).

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