common-close-0
BYDFi
Trade wherever you are!

How long does it usually take to receive lumens sent to Binance?

avatarBitBolaDec 26, 2021 · 3 years ago3 answers

I want to know the typical duration for receiving lumens after sending them to Binance. Can anyone provide an estimate of how long it usually takes?

How long does it usually take to receive lumens sent to Binance?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The time it takes to receive lumens sent to Binance can vary depending on several factors. Generally, it takes around 10-30 minutes for the transaction to be confirmed and the lumens to appear in your Binance account. However, during times of high network congestion or when the blockchain is experiencing heavy traffic, it may take longer. It's always a good idea to check the status of your transaction on the blockchain explorer to get an accurate estimate of the expected arrival time.
  • avatarDec 26, 2021 · 3 years ago
    When you send lumens to Binance, the transaction needs to be confirmed by the Stellar network. This confirmation process usually takes a few minutes, but it can take longer if the network is congested. Once the transaction is confirmed, the lumens will be credited to your Binance account. In most cases, you should see the lumens in your account within 10-30 minutes. If it's taking longer than expected, you can contact Binance support for further assistance.
  • avatarDec 26, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the average time it takes to receive lumens sent to Binance is approximately 15 minutes. However, please note that this is just an estimate and the actual time may vary depending on network congestion and other factors. If you're experiencing a delay in receiving your lumens, it's best to reach out to Binance customer support for assistance. They will be able to provide you with more specific information about your transaction.