Heads up, just tried to withdraw BTC from Bitstamp and received the following error:
"BITCOIN WITHDRAWALS ARE CURRENTLY UNAVAILABLE FOR YOUR ACCOUNT."
I've logged a ticked in the meantime. Not sure if it's related, but haven't used bitstamp in months. 2FA is turned on, and I changed my password after a suggestion prompt, and then relogged confirming that it worked. My account is also verified.
This has probably been asked before. But I keep seeing "Bitcoin allows instant transfers anywhere in the world" repeated in the press. However my experience is that it can take 10 minutes or even much longer.
Why is this? Will it ever improve? How can we make it truly instant? (<5s)