Can I transfer crypto from one exchange to another?
Bettina Haran asked, updated on December 4th, 2020; Topic:
👁 344👍 8★★★★☆4.9
Check that the exchange wallet can receive funds (i.e. is not in maintenance or being delisted). If your hot wallet has a built-in exchange option, you may save money by swapping your cryptocurrency for one with much lower transaction fees, moving it to the exchange, then trading it for the currency you want.
It's normally under half an hour, but don't freak out if it takes longer, Just check a block chain explorer site to see if the transaction went through. I had a few weird incidents where it took longer than a day. Depends on how the network is at the time, usually 30min in some cases hours or a few days.