What is the typical duration for buying IOTA with ETH on Binance?

3 answers

• Dec 27, 2021 · 3 years ago
  The typical duration for buying IOTA with ETH on Binance can vary depending on market conditions and network congestion. On average, it takes around 5-10 minutes for the transaction to be confirmed and for you to receive your IOTA tokens in your Binance wallet. However, during times of high demand or network congestion, it may take longer, sometimes up to 30 minutes or more. It's always a good idea to check the current market conditions and network status before making a purchase to get a better estimate of the duration.
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• Dec 27, 2021 · 3 years ago
  Buying IOTA with ETH on Binance usually takes a few minutes. The process involves placing a buy order for IOTA using your ETH balance on Binance. Once the order is placed, it needs to be confirmed by the network, which can take a few minutes. Once the transaction is confirmed, you will see the IOTA tokens in your Binance wallet. Keep in mind that the duration may vary depending on network congestion and market conditions, so it's always a good idea to check the current status before making a purchase.
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• Dec 27, 2021 · 3 years ago
  When buying IOTA with ETH on Binance, the typical duration can range from a few minutes to around half an hour. This duration depends on various factors such as network congestion, transaction volume, and market conditions. Binance strives to process transactions as quickly as possible, but during peak times, it may take longer for the transaction to be confirmed. It's always a good idea to keep an eye on the market and network status to get a better idea of the expected duration for buying IOTA with ETH on Binance.
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