Dear CoinEx users,
To enhance transaction security and prevent potential fraud, CoinEx has implemented T+N withdrawal restrictions for funds obtained through P2P purchases. After acquiring cryptocurrency through P2P trading, these funds will be subject to a waiting period (N days) before withdrawal or transfer.
Effective Date
The T+N withdrawal restrictions for P2P trading will take effect on Mar 24, 2025 (UTC).
About T+N Restriction Details
1. Purpose: This restriction provides buffer time for our risk control system to prevent potential fraud and effectively protect users' funds.
2. Applicable users: T+N withdrawal restrictions apply to P2P trading users who meet specific conditions.
3. Restricted operations: Funds obtained through P2P purchases are restricted for:
- On-chain withdrawals
- Internal transfers (including C-Box transfers)
- P2P selling
4. Restriction duration(N): The specific duration (N days) is dynamically adjusted based on your account’s risk profile and CoinEx security policies. Please refer to actual notifications for details.
5. Unlock mechanism: When completing a P2P purchase, the system determines the estimated unlock time according to your current T+N status. If the T+N restriction changes (e.g., from T+1 to T+2), the unlock time for pending orders will update accordingly.
Extended reading
Please refer to the help document “P2P Withdrawal T+N Restriction” for more information.
Important note
CoinEx reserves the right to interpret and modify T+N restrictions based on operational needs. For updates, please refer to the latest announcements and official notifications.
CoinEx Team
Mar 24, 2025