<p>Just to give this a direct answer:</p>

<p>Yes, it's possible for coin withdrawals from an exchange to be processed instantly, and as far as I know most exchanges actually do so.</p>

CC BY-SA 3.0
2014-04-15T15:07:20.923Z
2014-04-15T15:07:20.923Z
Nate Eldredge
<p>Yea, removing fiat from many exchanges is quickly becoming a pain. Higher fees, longer waits, and more regulation. I recommend moving coins in and out of accounts. If you want to trade between fiat and bitcoin, I recommend using <a href="https://localbitcoins.com/" rel="nofollow">https://localbitcoins.com/</a> and exchanging with cash. Less paper trail, no waiting, and fewer scams.</p>

CC BY-SA 3.0
2013-12-15T19:55:14.760Z
2013-12-15T19:55:14.760Z
mosca1337
<p>Withdrawing fiat from exchanges take longer time because in most cases it is manually processed. If the transaction is dependent on bank then it take a couple of manual transactions before it reaches you.</p>

CC BY-SA 3.0
2014-01-14T21:37:01.240Z
2014-01-14T21:37:01.240Z
Khan Shahrukh
<p>Quite often there are threads on various forums and complains on IRC channels that this or that exchange is not "playing nice" and has withdrawals (to a fiat currency like USD) taking a very long time. Very often invariably the excuse is that there has been a problem and that <em>"employees are processing the backlogs"</em> or something like that.</p>

<p>What about transferring bitcoins from the same exchange to your own bitcoin wallet? Is it something that also takes weeks and where the same excuses about backlogs are used? Or are the bitcoin transfer from exchanges to the wallet of your choice something that happens quite fast?</p>

<exchanges><withdrawal>
Is it faster to retrieve bitcoins from exchanges than fiat?
user10785
# Is it faster to retrieve bitcoins from exchanges than fiat?

(Asked by: username_0 on 2013-12-15)

Quite often there are threads on various forums and complains on IRC channels that this or that exchange is not "playing nice" and has withdrawals (to a fiat currency like USD) taking a very long time. Very often invariably the excuse is that there has been a problem and that *"employees are processing the backlogs"* or something like that.

What about transferring bitcoins from the same exchange to your own bitcoin wallet? Is it something that also takes weeks and where the same excuses about backlogs are used? Or are the bitcoin transfer from exchanges to the wallet of your choice something that happens quite fast?

**Tags:** exchanges, withdrawal


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## 3 answers

### Answer by username_1 on 2014-04-15. Score: 1

Just to give this a direct answer:

Yes, it's possible for coin withdrawals from an exchange to be processed instantly, and as far as I know most exchanges actually do so.


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### Answer by username_2 on 2013-12-15. Score: 0

Yea, removing fiat from many exchanges is quickly becoming a pain. Higher fees, longer waits, and more regulation. I recommend moving coins in and out of accounts. If you want to trade between fiat and bitcoin, I recommend using <https://localbitcoins.com/> and exchanging with cash. Less paper trail, no waiting, and fewer scams.


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### Answer by username_3 on 2014-01-14. Score: 0

Withdrawing fiat from exchanges take longer time because in most cases it is manually processed. If the transaction is dependent on bank then it take a couple of manual transactions before it reaches you.


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