347 cases resolved · Average response time: 4 hours

    Your Bitso account
    is blocked?

    Bitso says something almost no exchange says out loud: its 24-hour hold after an account change cannot be sped up or switched off, not even by its own support. That answers the question most people are about to ask, and it makes every offer to accelerate it a lie.

    We are not employees of Bitso. Independent consulting.

    BITSONotification
    Account Restricted

    Your account has been temporarily restricted due to unusual activity. Withdrawal and trading functions are currently unavailable.

    Risk Level: HIGH

    Triggered: Terms of Use violation

    Case ID: #BNX-2847-QRST

    Last updated: 2 minutes ago

    unblock.exchangeanalyzing...
    Risk Control FreezeKYC RejectionWithdrawal SuspendedAccount Under ReviewAML FlagTerms ViolationSuspicious ActivityRegulatory HoldRisk Control FreezeKYC RejectionWithdrawal SuspendedAccount Under ReviewAML FlagTerms ViolationSuspicious ActivityRegulatory Hold
    347

    cases reviewed

    4 hours

    average first response time

    12

    supported exchanges

    Bitso

    Bitso

    CoinGecko trust 8/10

    Gibraltar · c 2014

    24h Volume

    —

    Jurisdiction

    Gibraltar

    Year established

    2014

    Select what matches your situation

    Everything else works normally.

    BITSOALERT

    Withdrawals disabled

    A recent account change has blocked withdrawals for 24 hours.

    What it means

    Bitso blocks withdrawals for 24 hours after a password change or any other change to account information, and states the block is mandatory.

    What Bitso requires

    The 24 hours. Nothing else affects it.

    Your first step

    Do not open a ticket. Bitso states explicitly that the hold cannot be sped up or turned off, not even by its support team.

    Can't find your case? Click 'Analyze my case' — we'll review the wording together.

    Why Bitso disables withdrawals

    Bitso separates a timed security hold from a verification restriction, and only one of them ends by itself.

    01

    A change to the password or other account information

    Bitso blocks withdrawals for 24 hours after a password change or a change to any other account information. It states the hold is mandatory and cannot be sped up or turned off, not even by contacting support.

    Passport / ID document
    Selfie with document
    Proof of address
    Source of funds
    02

    A change to the phone number

    Bitso publishes this separately: changing the phone number on the account disables withdrawals for a day.

    03

    An identity verification update that was not completed in time

    Bitso states that where a requested identity verification update is not completed before the deadline, it restricts the account. This one is not on a timer.

    04

    A transaction placed under review

    Bitso publishes a separate explanation for a transaction under review, distinct from an account-level restriction.

    05

    The limit attached to your verification level

    Bitso states that deposit and withdrawal limits follow the identity verification level of the account.

    Bitso gives the reason for the timed hold rather than only the rule: it exists so the platform has a window in which to identify suspicious activity in case the change was not made by the account holder. It also states the measure has nothing to do with market conditions.

    5 things that will make the situation worse

    01

    Do not ask support to lift the 24-hour hold

    Bitso states the hold is mandatory and cannot be sped up or turned off, not even by contacting its support team.

    02

    Do not believe anyone who offers to accelerate it

    The exchange has said in writing that its own staff cannot. Anyone claiming otherwise is not from Bitso.

    03

    Do not make a second account change during the window

    Each change to the password, the phone number or other account information starts its own 24-hour block.

    04

    Do not let a verification deadline pass

    Bitso restricts the account where a requested identity verification update is not completed in time, and that restriction does not lift by itself.

    05

    Do not confuse a limit with a restriction

    Deposit and withdrawal limits follow the verification level, and raising the level is a different action from resolving a hold.

    “

    This hold is mandatory and can't be sped up or turned off, not even by contacting our support team.

    — Bitso Help Centre, why are my withdrawals disabled

    What to check first on Bitso

    1

    Check what changed on the account in the last day

    A password, a phone number or any other account information starts a 24-hour withdrawal block.

    2

    Check for an outstanding verification request

    Bitso restricts an account where a requested identity verification update is not completed before its deadline.

    3

    Check the level against the limit

    Deposit and withdrawal limits follow the identity verification level of the account.

    4

    Wait the published window before escalating

    Bitso points to its help centre chat or a support request where issues persist after 24 business hours.

    What Bitso may ask you for

    For the timed holds, nothing at all. The document requests here belong to verification and to transaction review.

    An identity verification update

    Bitso restricts the account where a requested update is not completed before the stated deadline.

    Whatever a transaction review asks for

    Bitso documents a transaction under review separately from an account restriction.

    The verification needed for a higher limit

    Deposit and withdrawal limits follow the account's verification level.

    Nothing, during a 24-hour security hold

    The hold is time-based and mandatory, and no document shortens it.

    Bitso publishes two durations and one escalation point: 24 hours for the security hold, one day for a phone-number change, and 24 business hours as the point at which a persisting issue should go to support. It publishes no review time for a verification update or a transaction review.

    Block risk assessment

    Answer 8 questions — we'll show the block type and recommendations for Bitso.

    unblock.exchange · Case Analyzer v1.0LIVE
    13%

    #Q1 of 8

    When was your account blocked?

    What we actually do

    Tell a timer apart from a restriction

    Two of Bitso's causes end by themselves within a day; one of them never does.

    From: compliance@bitso.com

    Your account flagged for suspicious activity. Please complete KYC verification.

    Reconstruct the last account change

    The hold follows a specific event, and the event usually explains the whole thing.

    Complete the verification update properly

    This is the one Bitso restriction where what you submit decides the outcome.

    DO

    Clear facts

    Documents

    DON'T

    Emotions

    Threats

    Frame a transaction review narrowly

    A single movement under review is a smaller question than a restricted account, and answering it as one keeps it that way.

    Quote the exchange back

    Bitso has written down that nobody can shorten the hold. That sentence is worth more to you than any service.

    RISK: HIGH→ We recommend acting promptly

    The decision is always the exchange's. What we control is that your case reaches it complete, correct and on time.

    Frequently asked questions

    Why are my Bitso withdrawals disabled?

    today 14:23

    Bitso blocks withdrawals for 24 hours after a password change or a change to any other account information, and separately disables them for a day when the phone number is changed. It states the purpose is to have a window in which to identify suspicious activity in case the change was not made by the account holder.

    unblock.exchange · today 14:23

    Can Bitso support lift the 24-hour withdrawal hold?

    today 14:30

    No. Bitso states the hold is mandatory and cannot be sped up or turned off, not even by contacting its support team. Once the 24 hours pass, withdrawals turn back on automatically and nothing else is needed.

    unblock.exchange · today 14:30

    Why did Bitso restrict my account without any security change?

    today 14:37

    Bitso states that if a requested identity verification update is not completed before the deadline, it restricts the account. Unlike the security holds, that restriction does not lift on its own.

    unblock.exchange · today 14:37

    Why is my Bitso withdrawal limit lower than I expected?

    today 14:44

    Deposit and withdrawal limits follow the identity verification level of the account.

    unblock.exchange · today 14:44

    When should I contact Bitso support about a stuck withdrawal?

    today 14:51

    Bitso points to its help centre chat or a support request where an issue persists after 24 business hours. Inside a published hold there is nothing for support to do.

    unblock.exchange · today 14:51

    Tell us what happened

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