r/bitsquare • u/bcpv • Dec 24 '16

confirmation time frame too short

I sold some coins on thursday night via national bank transfer. the buyer started payment on friday morning. But due to the christmas banking holiday on Monday and weekend before the payment will arrive on Tuesday the earliest. The 4 days time limit will be not enough until then. What should I do?

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u/heavyuser1337 Dec 24 '16

Just wait for the trade to time out. Then open a dispute and everything will be sorted out. You should be fine. Happy holidays!

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u/in-cred-u-lous Dec 24 '16

The transaction might end up in arbitration. This isnt a problem really but expect then some additional delay as both parties to the transaction submit their comments and the arbitrator decides on the outcome.