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Major Exchange Adds Instant Bank Withdrawals Across Europe

The new rail lets users move funds to linked bank accounts in under a minute, cutting settlement times from as long as two days.

Bank withdrawal interface on a crypto exchange

One of the largest global exchanges rolled out instant SEPA withdrawals this week, letting users in the EU move funds to a linked bank account in under a minute.

The feature replaces a settlement process that previously took up to two business days, and comes as exchanges compete more directly with traditional fintech apps on withdrawal speed.

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