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How long does it usually take for a Bitcoin Cash transaction to settle?

avatarDaniel LukasikDec 24, 2021 · 3 years ago3 answers

Can you tell me the average time it takes for a Bitcoin Cash transaction to be confirmed and settled?

How long does it usually take for a Bitcoin Cash transaction to settle?
Bitcoin Cash
Cryptocurrency
Transaction Settlement

3 answers

  • avatarDec 24, 2021 · 3 years ago
    On average, it takes around 10 minutes for a Bitcoin Cash transaction to be confirmed and settled. However, this can vary depending on network congestion and the transaction fee you choose to include. It's always a good idea to check the current network conditions and set an appropriate fee to ensure timely settlement.
  • avatarDec 24, 2021 · 3 years ago
    Bitcoin Cash transactions are usually confirmed and settled within 10 to 20 minutes. The decentralized nature of the Bitcoin Cash network allows for fast and efficient transactions, making it a popular choice for users who value speed and reliability.
  • avatarDec 24, 2021 · 3 years ago
    According to BYDFi, a leading cryptocurrency exchange, the average settlement time for Bitcoin Cash transactions is around 15 minutes. This is due to the efficient block generation time of the Bitcoin Cash blockchain, which allows for quick confirmation and settlement of transactions.

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