When you create a sell trade, our system will show you an exchange rate that is valid for 15 minutes. To take advantage of that exchange rate, you need to finish each step of the sell trade and send the cryptocurrency you're selling to Coinify's address within those 15 minutes.
If you're creating your sell trade through one of our wallet partners, the cryptocurrency will be automatically sent to Coinify's address once you have completed all the steps in the sell trade flow.
Important
- It takes up to 5 business days for a sell trade with a bank payout to be processed and completed, whereas it takes up to 5 hours for a sell trade with a credit card payout
- The amount you will be paid out is final and will not change even if your sell trade is delayed on our side for any reason, such as a compliance check or a technical issue.
- Keep in mind that whenever an international bank transaction is issued (only for bank payouts), it is likely that you will receive a lower amount due to intermediary banks charging their fees. You can read more about intermediary bank fees here.
You can find information about the processing time of our sell trades in this article.