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What is the 24-hour Restriction for P2P Withdrawals?
What is the 24-hour Restriction for P2P Withdrawals?
Hugo avatar
Written by Hugo
Updated over a week ago

To ensure compliance with AML (Anti-Money Laundering) policies and enhance trading and account safety, TruBit Pro has implemented a 24-hour restriction on P2P withdrawals of fiat deposits and trading on the P2P platform.

  1. This rule applies to all users who have completed a trade order as a maker-buyer on the P2P platform.

  2. After a 24-hour restriction, the newly deposited P2P assets will be automatically released for withdrawal. During this period, your other activities, such as Spot, Futures, and Margin trading will not be affected. Please note that the restriction cannot be lifted within this time frame, so we kindly ask for your patience.

  3. The 24-hour restriction does not apply to TruBit Pro's P2P merchants.

  4. The restriction only applies to the newly purchased amount through P2P and marks it as a risky asset. It does not affect the user's original balance.

The 24-hour P2P withdrawal restriction rule serves as a 24-hour buffer to protect user assets from potential losses caused by illegal funding or disputes between users and merchants. It also strongly discourages money laundering activities on the TruBit Pro platform by minimizing the risk of frozen bank accounts and ensuring a secure trading environment for both users and merchants.

TruBit Team

June, 2023

If you have questions regarding this information, please contact the TruBit Team via our chat channel or email us Here and we'll be in touch!

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