My transfer between exchanges was delayed
The situation
Avery moved bitcoin from one FCA-registered exchange to another. The transfer was held for extra checks.
Quick answer
Under the Travel Rule, exchanges may collect sender and recipient information for crypto transfers. Delays are common for compliance — not always a scam.
What to do
- Provide requested wallet ownership information
- Verify both platforms on the FCA register
- Keep transfer records for tax — moving between your accounts is not a disposal
Not financial or tax advice. Updated June 2026.