How long does it usually take for bitcoin ATM transactions to be completed?
SAMEER DarDec 26, 2021 · 3 years ago3 answers
I'm curious about the average time it takes for bitcoin ATM transactions to be completed. Can you provide some insights on this? How long does it typically take for the transaction to go through and for the bitcoins to be transferred to the recipient's wallet?
3 answers
- Dec 26, 2021 · 3 years agoBitcoin ATM transactions usually take around 10 to 20 minutes to be completed. This includes the time it takes for the transaction to be confirmed on the blockchain and for the bitcoins to be transferred to the recipient's wallet. However, the actual time may vary depending on network congestion and the transaction fee paid.
- Dec 26, 2021 · 3 years agoWhen using a bitcoin ATM, the transaction time can vary. It typically takes a few minutes for the transaction to be confirmed on the blockchain, but it can take longer during periods of high network congestion. Once the transaction is confirmed, the bitcoins are usually transferred to the recipient's wallet almost instantly.
- Dec 26, 2021 · 3 years agoBased on my experience at BYDFi, the average time for bitcoin ATM transactions to be completed is around 15 minutes. This includes the time it takes for the transaction to be confirmed on the blockchain and for the bitcoins to be transferred to the recipient's wallet. However, please note that transaction times can vary depending on network conditions and the transaction fee paid.
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