When can I send my Bitcoin from River?

Funds originating from ACH bank transfers are subject to holding periods. This is because ACH bank transfers can take some time to process after leaving your account. This means:

• Bitcoin purchased with an ACH bank transfer will be subject to a holding period. 

• Cash deposited to your River account via an ACH bank transfer will also be subject to a holding period.

Holding periods are dependent on multiple factors including payment activity, payment method and transaction history.

Once the holding period has completed, cash and bitcoin associated with the ACH transfer will be available to be withdrawn from your River account.

In most cases, when purchasing bitcoin you’ll be able to see when you can typically withdraw it from your account in the preview screen. In some cases a portion of your bitcoin purchase will be available to withdraw while the remainder becomes available in the provided estimated time period.

During this holding period, pending Bitcoin and pending cash will be unavailable for transferring off of the platform but you will be able to buy and sell between your Bitcoin and Cash Balance positions.