00:00which cryptocurrency exchange has the fastest withdrawal speeds right so this is what we wanted
00:06to test and in this video we're going to do exactly just that so instant crypto withdrawal
00:12really means what traders think it means right so withdrawal has at least four separate stages
00:18the exchange approval the blockchain broadcast the network confirmation and of course crediting
00:23by the receiving wallet or exchange right so a platform can approve a transaction quickly while
00:29delaying the broadcast a fast blockchain can confirm in seconds while the destination exchange
00:35waits for several confirmations in an account that normally withdraws quickly can actually suddenly
00:42face a 24-hour security lock or manual review or a seven-day funding hold right so our kind of
00:50analysis
00:50compares the withdrawal reliability across bybit okx kraken mexc biggit gate.com
00:59k6 vala lunar writing what we found was that bybit currently publishes one of the clearest
01:06clearest kind of routine fast path targets and you also have okxd that stands out for network
01:13choice and withdraw status transparency kraken can be near instant on solana but some funding methods
01:21trigger lengthy holds and then mexc provides one of the clearest published manual review estimates while
01:29gate.com is valuable for long tail assets and network availability but you can also use
01:35some platforms like luna or vala especially for uh maybe people that are in the global south right so
01:42the fastest exchange also changes according to the network usdc on solana may arrive for far faster than
01:50uh on uh on the bitcoin uh network right usdt on tron may be convenient between centralized exchanges
01:57arbitram or base may be better kind of for moving uh collateral into defi then xrp
02:05and stellar can be faster but one uh missing a destination tag can prevent a kind of a recipient from
02:13actually
02:13getting the funds so the real benchmark is not only a measure of our blockchain confirmation times it
02:20should measure the withdrawal request to funds available at destination so what we created is a
02:26proprietary tool which is the withdrawal reliability index which is designed to track the median uh
02:34approval times the median broadcast times worst case completion times manual review frequencies
02:40uh weekend performance and network specific reliability and network kind of uh um you know failed withdrawal
02:48recoveries as well and the fastest emergency withdrawal is usually kind of the route that has um you know
02:55that was tested uh you know before the emergency so this is why i like to kind of do these
03:00kind of exercises
03:01uh and at the end of the day like i said the fastest uh um kind of published routine target
03:07by a bit
03:08really kind of processing up to 15 minutes for instant withdrawals uh best network choice and status okay it's
03:15definitely cracking fast if you want to use uh solana and things like that and mex is very clear about
03:21uh kind of uh the rules around uh withdrawals as well one of my favorite exchanges in fact is uh
03:29casex where
03:29you know first you don't have a um no kyc right and also you have uh uh free withdrawals
03:38in terms of uh you can withdraw erc tokens or pretty much any network token for free and uh
03:44it's uh free fees as well on the platform and no kyc which is uh pretty uh cool so casex
03:51is definitely
03:52one of the top ones that i like to recommend and i'll leave a link down below but you also
03:56have uh
03:57platforms like biggit which is also a good all-round platform and gate.com uh as well so uh check
04:05out the full guide
04:06the link will be in the description and let me know which platforms you think are the fastest
04:11according to your own assessment and like share subscribe and i'll see you guys in the next videos
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