How long does it usually take for ETH to be confirmed in a transaction?
senpaisaysJan 10, 2022 · 3 years ago3 answers
When I make a transaction with Ethereum (ETH), how long does it typically take for the transaction to be confirmed?
3 answers
- Jan 10, 2022 · 3 years agoThe confirmation time for an Ethereum transaction can vary depending on network congestion. In general, it takes around 15-30 seconds for the transaction to be included in a block. However, it is recommended to wait for at least 12 confirmations, which usually takes around 3-5 minutes, to ensure the transaction is fully confirmed and irreversible. Keep in mind that during times of high network activity, such as during ICOs or airdrops, the confirmation time can be significantly longer.
- Jan 10, 2022 · 3 years agoAh, the age-old question of Ethereum transaction confirmation time. Well, my friend, it's not an exact science. You see, Ethereum operates on a decentralized network, which means the confirmation time can vary depending on how busy the network is. On average, it takes around 15-30 seconds for a transaction to be confirmed. But hey, don't get too excited just yet! It's always a good idea to wait for a few more confirmations to be on the safe side. Give it about 3-5 minutes, and you should be good to go.
- Jan 10, 2022 · 3 years agoWhen it comes to Ethereum transaction confirmation time, it's important to consider the current network conditions. While it usually takes around 15-30 seconds for a transaction to be included in a block, it's recommended to wait for at least 12 confirmations to ensure the transaction is secure. This typically takes around 3-5 minutes. However, please note that during times of high network congestion, such as during popular ICOs or airdrops, the confirmation time can be longer. So, be patient and keep an eye on the confirmations to make sure your ETH transaction is successfully confirmed.
Related Tags
Hot Questions
- 90
Are there any special tax rules for crypto investors?
- 82
What are the best digital currencies to invest in right now?
- 76
What is the future of blockchain technology?
- 73
How can I protect my digital assets from hackers?
- 67
What are the tax implications of using cryptocurrency?
- 47
How does cryptocurrency affect my tax return?
- 25
What are the advantages of using cryptocurrency for online transactions?
- 8
How can I buy Bitcoin with a credit card?