Which exchange can effect crypto withdraw the fastest?

gamaman990

member

Activity: 152

Merit: 10

Quote from: SHawk on June 20, 2017, 10:03:02 AM

This is indeed a very technical request and it varies from one exchange to another, so many factors affects quick withdrawal processing of a coin, i make use of poloniex and btc processing only takes few minute after the email confirmation.

You do not specify the coin and i just assume you are referring to bitcoin.

No, I'm doing alts trading. My btc are reserves and I seldom move them for the obvious reasons of high fee and slow confirmation

gamaman990

member

Activity: 152

Merit: 10

Quote from: lizardbtc on June 20, 2017, 10:14:51 AM

Quote from: gamaman990 on June 18, 2017, 04:09:56 AM

Or a reliable web wallet with good coverage of altcoins and api will also do. Thanks in advance.

You might want to check this one cryptonator and holy transaction : https://www.cryptonator.com , https://holytransaction.com

These both provide APIs for developers and they have mutli currency support, hope that they have coins that you are looking to implement in your future application. These 2 just came to my mind as I remember these 2 well. Tell me if they will do the job

Thanks for the tip. Will try them out and share my experience.

lizardbtc

full member

Activity: 448

Merit: 109

Quote from: gamaman990 on June 18, 2017, 04:09:56 AM

Or a reliable web wallet with good coverage of altcoins and api will also do. Thanks in advance.

You might want to check this one cryptonator and holy transaction : https://www.cryptonator.com , https://holytransaction.com

These both provide APIs for developers and they have mutli currency support, hope that they have coins that you are looking to implement in your future application. These 2 just came to my mind as I remember these 2 well. Tell me if they will do the job

SHawk

sr. member

Activity: 658

Merit: 250

This is indeed a very technical request and it varies from one exchange to another, so many factors affects quick withdrawal processing of a coin, i make use of poloniex and btc processing only takes few minute after the email confirmation.

You do not specify the coin and i just assume you are referring to bitcoin.

gamaman990

member

Activity: 152

Merit: 10

Quote from: Red-Apple on June 18, 2017, 08:28:43 AM

all of them are the same, the system has to check some stuff first, and for some altcoins the process sometimes takes a bit longer. and if you get unlucky for example if you are withdrawing a large amount of some altcoin, they may have to go to their cold storage and that takes even more time.

also in my experience they sometimes push it to the network fast enough but some of these altcoins have a hard time propagating the transaction through the network. you shouldn't really compare the 3 seconds propagation of bitcoin with them.
and even the worse part is that some of the block explorers don't show the transaction until it gets 1 confirmation, so it is even possible they are pushing some transactions directly to the mining pools not to the network.

Do you know any web wallet can do the job better? Block.io is good but it supports only 3 coins. Any wallet with larger variety?

Red-Apple

hero member

Activity: 1470

Merit: 655

all of them are the same, the system has to check some stuff first, and for some altcoins the process sometimes takes a bit longer. and if you get unlucky for example if you are withdrawing a large amount of some altcoin, they may have to go to their cold storage and that takes even more time.

also in my experience they sometimes push it to the network fast enough but some of these altcoins have a hard time propagating the transaction through the network. you shouldn't really compare the 3 seconds propagation of bitcoin with them.
and even the worse part is that some of the block explorers don't show the transaction until it gets 1 confirmation, so it is even possible they are pushing some transactions directly to the mining pools not to the network.

gamaman990

member

Activity: 152

Merit: 10

Bittrex api can do automated withdrawal quite easily, but the issue I'm having is even if everything with the request is in order, it may still take up to 3 minutes for bittrex push it into the network. It's unbearably slow.

dz4505

full member

Activity: 154

Merit: 100

Quote from: nappoleon on June 18, 2017, 08:08:56 AM

yo momma.

nah. You can't automate withdrawal bruh, security reasons.

Pretty sure you can. You can create an API key that lets you do Watch, Trade, or Withdraw.

nappoleon

full member

Activity: 322

Merit: 100

yo momma.

nah. You can't automate withdrawal bruh, security reasons.

gamaman990

member

Activity: 152

Merit: 10

Or a reliable web wallet with good coverage of altcoins and api will also do. Thanks in advance.

gamaman990

member

Activity: 152

Merit: 10

I'm writing a trading program using bittrex api but found it's withdrawal orders are not executed immediately. Although it shows authorized status, an withdrawal order may still stay in the pending pool for minutes. Anyone knows an exchange with faster execution speed? As long as orders are pushed into the network then I'm good. Network confirmation time is not a matter that we can control.

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