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Crypto

bitFlyer Introduces 'Cooldown' to Restrict Crypto Withdrawals for 48 Hours Post-Deposit

2026/10/03 14:00(Updated 2026/10/04 08:49)

CoinPost

Written by L.Kikutani

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bitFlyer Introduces 'Cooldown' to Restrict Crypto Withdrawals for 48 Hours Post-Deposit

Introduction of Cooldown

On the 2nd, bitFlyer announced the implementation of a 'Cooldown' period starting on the 15th, aimed at preventing fraud and unauthorized fund transfers by temporarily restricting external cryptocurrency transfers. This measure targets individual customers who have completed identity verification (KYC) within the last 90 days, including those who have already opened an account if they meet the criteria.

The Cooldown refers to a system where, if a targeted customer deposits Japanese yen, restrictions are placed on external cryptocurrency transfers for 48 hours from the time of deposit. ...

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