What is the confirmation time for transactions on Minergate?
Rosemar MendozaDec 25, 2021 · 3 years ago3 answers
Can you tell me how long it takes for transactions to be confirmed on Minergate?
3 answers
- Dec 25, 2021 · 3 years agoThe confirmation time for transactions on Minergate can vary depending on network congestion and the transaction fee you set. Generally, it takes around 10-30 minutes for transactions to be confirmed. However, during periods of high network activity, it may take longer. It's always a good idea to check the current network status and adjust your transaction fee accordingly to ensure faster confirmation.
- Dec 25, 2021 · 3 years agoWhen it comes to confirmation time on Minergate, it's important to consider a few factors. Firstly, the transaction fee you set plays a role in determining how quickly your transaction gets confirmed. Higher fees generally result in faster confirmation. Additionally, network congestion can also impact confirmation time. During busy periods, it may take longer for transactions to be confirmed. It's recommended to stay updated on the current network conditions and adjust your fee accordingly for optimal confirmation time.
- Dec 25, 2021 · 3 years agoConfirmation time for transactions on Minergate can vary depending on various factors. Network congestion, transaction fee, and the size of the transaction all play a role in determining how long it takes for a transaction to be confirmed. Minergate strives to provide efficient and timely confirmations, but it's important to understand that external factors can influence the overall confirmation time. If you're experiencing delays, it's advisable to check the current network status and consider adjusting your transaction fee to expedite the confirmation process.
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