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What is the average waiting time for a BTC deposit to be confirmed on Binance?

avatarRodriguez KofodDec 30, 2021 · 3 years ago3 answers

I would like to know the average waiting time for a Bitcoin (BTC) deposit to be confirmed on Binance. How long does it usually take for the deposit to show up in my account after I send it?

What is the average waiting time for a BTC deposit to be confirmed on Binance?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    The average waiting time for a BTC deposit to be confirmed on Binance can vary depending on network congestion. Generally, it takes about 10-30 minutes for the transaction to be confirmed and for the deposit to appear in your account. However, during times of high network activity, such as when there are many pending transactions, it may take longer for the deposit to be confirmed.
  • avatarDec 30, 2021 · 3 years ago
    When you make a BTC deposit on Binance, the transaction needs to be confirmed by the Bitcoin network. This process usually takes around 10-30 minutes, but it can sometimes take longer if there is a backlog of pending transactions. Once the transaction is confirmed, the deposit will be credited to your Binance account.
  • avatarDec 30, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the average waiting time for a BTC deposit to be confirmed on Binance is around 10-30 minutes. However, please note that this is just an average and the actual waiting time can vary depending on network conditions. If there is a high volume of transactions on the Bitcoin network, it may take longer for your deposit to be confirmed.