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Ethereum deposit delays raise red flags on exchange reliability

I moved my Ethereum to an exchange and it sat there for two hours without confirmation. This feels like a scam and it’s incredibly frustrating. Do not DM me with excuses—this kind of delay and unreliability is unacceptable in crypto transfers.

From a trading perspective, payment and withdrawal reliability are as important as price action. A prolonged, unresponsive deposit process undermines trust in the platform and raises red flags about liquidity and custody practices. In fast-moving markets, such delays can lead to missed opportunities or unexpected slippage when trying to move assets.

My direct takeaway is to reassess counterparties and prioritize exchanges with clear, prompt deposit/withdrawal workflows, transparent fee structures, and solid customer support. Until a platform demonstrates consistent, reliable settlement times, caution is warranted when routing funds there.

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Analysis

The user’s experience highlights a critical risk in crypto infrastructure: deposit settlement latency. A two-hour deposit delay suggests potential issues with on-chain confirmations, order routing, or...

Recommendation

Actionable steps: (1) Temporarily pause large deposits to the implicated exchange and verify current withdrawal times via official channels. (2) Contact support with transaction IDs and request a time...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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