When can I send bitcoin?

Any bank transfer (ACH) to River is subject to a temporary holding period. This is standard to avoid any funds loss for both River and its clients.

The holding period applies in the following scenarios:

• All bitcoin purchased with a linked bank account will be subject to a holding period

• All cash added to your River account with a linked bank account will be subject to a holding period

Holding periods are dependent on multiple factors including account and transaction history, payment activity, and payment method. Once your funds have cleared their respective holding period, cash and bitcoin associated with the transfer is then available to be withdrawn from your River account.

When buying bitcoin, you will see the date on which your funds will be settled and available for transfer. In some cases, only a portion of your bitcoin purchase will be available to withdraw while the remainder will become available in the days following.

During the holding period, pending bitcoin and pending cash will be unavailable to withdraw from River. You can still buy and sell between your bitcoin and cash balances.

The holding period only applies to transactions funded with a linked bank account. You also have the option to fund your account with a wire transfer. For more information on how to initiate a wire transfer, please see this Help Center guide.