Submit a request Sign in
 
Logo Logo
Categories
Submit a request
Sign in
Indodax Academy Blog Indodax INDODAX.COM

Can the unbonding period be sped up on Indodax?

  1. INDODAX
  2. General
  3. Indodax Features

browse

No, the unbonding period on Indodax cannot be accelerated or canceled. The Staking feature is indeed a popular choice for earning income from your crypto assets. However, when you decide to stop and withdraw these assets (called unstaking), your assets are not instantly credited to your account balance. There is a waiting time that must be completed, known as the unbonding period.

Please note that this waiting period is not a rule created by Indodax to hold your funds. This rule comes directly from the network system of each respective coin (such as Ethereum, Polygon, or Polkadot). Since Indodax only acts as an intermediary connecting you with the coin's network, we must adhere to the coin system's rules. This waiting period is applied globally for highly important purposes, which are:

  • Maintaining System Security: Preventing irresponsible parties from committing fraud and immediately withdrawing their assets to run away.

  • Maintaining Market Stability: Preventing massive, simultaneous fund withdrawals that could disrupt the circulation of money and cause coin prices to plummet suddenly.

Each type of crypto asset has a different waiting period, ranging from a few days to several weeks. You do not need to worry, as we always clearly display this estimated waiting time in the Indodax application before you approve the asset withdrawal (unstaking) process.

    Articles in this section

  • Frequently Asked Questions (FAQ) of Alarm Price Feature
  • Understanding Market Integrity in Crypto Asset Trading
  • DAX Gacha, DAX Rewards & DAX Points FAQ
  • Does INDODAX Offer a USDT Asset Lending Feature?
  • Can the Account Security OTP Feature Be Disabled?
  • Can the unbonding period be sped up on Indodax?
  • How Do I Disable Biometric Features If My Phone Is Broken?
  • Can the Routine Investment feature be scheduled for next month?
  • Can I Use an International Phone Number When Adding the Passkey Feature?
  • Does the Indodax website have an Academy feature?

Promoted articles

  • BCA Virtual Account Payment Guideline
  • Frequently Asked Questions (FAQ) of Alarm Price Feature

Was this article helpful?


Have more questions ? Submit a Request
×
Logo
English (United States) Bahasa Indonesia 简体中文
Indodax.com © 2022