How Transactions Work
Understanding the complete lifecycle of cryptocurrency transactions on Adesic’s platform.
This guide explains how our Transaction API processes different types of transactions, from initiation to completion, including timing expectations and the underlying infrastructure that powers our on/off ramp services.
Transaction Types Overview
Adesic supports three main types of transactions:
- Fiat-to-Crypto - Convert fiat currency to cryptocurrency
- Crypto-to-Fiat - Convert cryptocurrency to fiat currency
- Crypto-to-Crypto - Swap between different cryptocurrencies across blockchains
Transaction Flow
Our on-ramp (fiat → crypto) and off-ramp (crypto → fiat) transactions follow the same steps, just in reverse.
1. Transaction Initiation
You submit a request with:
- Amount to convert
- Currency pair (e.g. USDC → USD)
- Destination (bank account or crypto wallet)
2. Deposit
- Crypto-to-Fiat: Send crypto to your unique deposit address.
- Fiat-to-Crypto: Send a wire or ACH to our bank account.
- Each transaction is linked to your request via a unique reference ID.
3. Matching & Confirmation
Our system automatically matches your deposit:
- Blockchain confirmations for crypto (varies by chain)
- Bank confirmation for fiat wires (same-day during banking hours)
4. Processing
Two possible paths:
Fast Track (Pre-funded):
- If we have USD liquidity pre-funded, we release the wire immediately after crypto confirms.
- Wire Timing: Within minutes if during banking hours; if after cutoff, next business day.
Standard Processing:
- Crypto or fiat is sent to our liquidity provider for conversion.
- Wire Timing: Same business day if before ~3 PM ET, otherwise next business day.
- Larger amounts may require extra review.
5. Settlement & Completion
- We initiate the outgoing wire once funds settle.
- Domestic wires: Typically 1–3 business days to appear in your bank.
- International wires: Add 1–2 business days.
- Transaction status is updated and confirmation sent.
Transaction Timing at a Glance
| Scenario | When funds arrive |
|---|---|
| Pre-funded, within hours (9 AM – 3 PM ET) | Minutes |
| Pre-funded, after 3 PM ET | Next business day |
| Standard, within hours (9 AM – 3 PM ET) | Same business day |
| Standard, after 3 PM ET / weekends | Next business day |
| International wires | +1–5 business days |
All wires and ACH transfers depend on U.S. banking hours and holidays. Operating hours: Monday–Friday, 9 AM – 3 PM ET. Transactions submitted after 3 PM ET, on weekends, or on U.S. banking holidays are processed the next business day.
Transaction Status
Understanding transaction status helps track progress:
| Status | Description | Expected Duration |
|---|---|---|
| Processing | Converting currency and preparing transfer | Minutes to hours |
| Completed | Funds received in your account | - |
| Failed | Transaction could not be completed | Manual review required |
Automatic Failures: Transactions that remain incomplete for more than 72 hours are automatically marked as Failed. If you believe a transaction was incorrectly failed, please contact support with your transaction ID.
Best Practices
For Faster Processing
- Always Use supported currencies (USDT, USDC)
- Initiate transactions during banking hours (9 AM - 3 PM ET)
- Ensure accurate bank details to avoid delays
- Complete KYC verification in advance
For Reliable Transactions
- Double-check wallet addresses before sending crypto
- Include correct reference IDs for automatic matching
- Monitor transaction status through our API or dashboard
- Contact support for transactions over 24 hours old
Troubleshooting
Common Issues
- Transaction stuck in “Pending” - Check if crypto was sent to correct address
- Long processing times - Verify transaction was initiated during banking hours
- Failed transactions - Contact support with transaction ID
Getting Help
- 📧 Email: support@adesic.com
- 💬 Live Chat: Available in your dashboard
- 📚 Documentation: Transaction API Reference
Next Steps: Learn about KYC/KYB Requirements needed to access Transaction API features.