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Questions tagged [24-hour withdrawal lock]

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Tommaso Tommaso Fri Nov 29 2024 | 7 answers 1219

What does 24-hour withdrawal lock mean?

I recently encountered the term '24-hour withdrawal lock' and I'm not sure what it means. Could it be related to banking or financial transactions? I'd like to understand its definition and how it works.

What does 24-hour withdrawal lock mean?

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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