Cryptocurrency Q&A
What if the seller does not release crypto in Binance?
What if the seller does not release crypto in Binance?
Chiara
Wed Apr 30 2025
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7
answers
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I'm concerned about a potential issue on Binance. What happens if the seller refuses to release the cryptocurrency after a trade? Is there a mechanism to ensure fairness and protect buyers from such situations?
7 answers
ZenBalanced
Fri May 02 2025
In cases where the seller fails to release the crypto within the specified Release Time, action needs to be taken to resolve the issue. This is where the role of customer service agents comes into play.
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CryptoLegend
Fri May 02 2025
The transaction process on a cryptocurrency exchange involves several crucial steps. After the buyer has successfully completed the payment, the responsibility shifts to the seller.
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SamsungShine
Fri May 02 2025
The seller is obligated to release the cryptocurrency to the buyer within a predefined timeframe, known as the Release Time. This period is crucial as it ensures timely delivery of the crypto assets.
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KDramaLegendary
Fri May 02 2025
Compliance with the Release Time is vital for both parties involved in the transaction. It maintains the integrity of the exchange and ensures trustworthiness among users.
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GeishaElegance
Thu May 01 2025
Binance, as a reputable cryptocurrency exchange, has a dedicated customer service team that monitors transactions closely. They are trained to handle such situations efficiently.
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