A cooldown period is a temporary 24-hour safety window that automatically starts after you verify your bank account. In compliance with European standards (MiCAR and AML/CTF directives), this initial monitoring phase ensures platform security and protects users against unauthorized or fraudulent activity.
How this affects your account:
Allowed: You can immediately deposit funds, buy, sell, and trade crypto within the platform.
Restricted: Withdrawing or sending crypto to an external wallet is temporarily disabled during these first 24 hours.
Once the 24-hour period has elapsed, withdrawal functionality to external wallets will automatically be enabled.