How long does it usually take for a Bitcoin transaction on Binance to be confirmed?
Afdekzeil WinkelDec 30, 2021 · 3 years ago3 answers
Can you provide some insights into the average confirmation time for Bitcoin transactions on Binance?
3 answers
- Dec 30, 2021 · 3 years agoThe average confirmation time for Bitcoin transactions on Binance can vary depending on network congestion. Generally, it takes about 10-30 minutes for a transaction to be confirmed. However, during periods of high network activity, it may take longer. It's important to note that Binance has no control over the confirmation time as it is determined by the Bitcoin network itself.
- Dec 30, 2021 · 3 years agoBitcoin transactions on Binance usually get confirmed within 10-30 minutes. However, if the network is congested, it may take longer. It's always a good idea to check the transaction status on the blockchain explorer to get the most up-to-date information.
- Dec 30, 2021 · 3 years agoWhen it comes to Bitcoin transactions on Binance, the confirmation time can vary. On average, it takes around 10-30 minutes for a transaction to be confirmed. However, during peak times, such as when there's a lot of trading activity, it may take longer. It's important to be patient and allow the network to process the transaction.
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