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Topic: How long do transactions usually take? (Read 498 times)

member
Activity: 336
Merit: 10
March 01, 2018, 01:20:01 AM
#84
It is not fix in that how much time the transaction will be final,it depend on coin mostly it varies coin to coin there administration how efficient are they for responding their customer some times it takes even month also do not worry.
sr. member
Activity: 686
Merit: 277
February 28, 2018, 01:45:31 PM
#83
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

I bitcoin usualy i transact this days around 1 or most longer is 2 hours after that i was already suspected that my coin or token was stolen or hack.
1 hour is even too long for bitcoin these days. I have made about 8 transactions this week and the one that took the longest time, only took 4 minutes to have 4 confirmations. I wish it can always be like this, but with segwit address adoption, things are actually getting better and I wonder why we have all been in the dark after all the months.
copper member
Activity: 490
Merit: 2
February 28, 2018, 01:24:29 PM
#82
The time required to complete a particular transaction is dependent on:~
1. the transaction load of market.
2. the fees we pay for that transaction.
3. sometimes also on the types of coins in which transaction is being made.
Overall result is that any transaction can take time of few seconds to few days.
hero member
Activity: 686
Merit: 521
February 28, 2018, 01:17:47 PM
#81
Give or take, how long do you wait to receive your coins?
For btc Depending on the tx fees set i would say not more than an hour, on average its takes 15-30 minutes then for coins like Ethereum anywhere between 30 seconds to 3 minutes depending on on how congested the network is.

At what point do you start to become suspicious?
I get worried about such transactions not suspicious but its being long since I experienced long hours/ days of waiting when using btc, for other alts after an hour I without receiving the coins I get worried.
full member
Activity: 238
Merit: 102
OPEN GAMING PLATFORM
February 28, 2018, 01:10:55 PM
#80
Which cryptocurrency? Almost cryptocurrency transaction just take about 5 - 10 minutes to complete if you pay enough transaction fee. But if you pay to little for transaction fee maybe it'll about days or maybe even weeks to be able to complete a transaction. There is a telegram group that help you know how much you should pay for transaction fee to make your transaction as fast as possible. I think you should try to use it Smiley
jr. member
Activity: 272
Merit: 1
"simply getting the job done"
February 28, 2018, 01:09:49 PM
#79
Many of my transactions recently have been largely on Eth, for me it usually takes up to some  minutes, the worst I have encountered was a 2hours delay. As someone else has indicated, these durations may have to change based on the coins in transaction.
 
member
Activity: 294
Merit: 10
February 28, 2018, 01:06:45 PM
#78
If you want to transfer your money or if you want to withdraw your money so if you grow your gas price you can get very fast transaction or if you set your gas price is very low and don't 1 or two so it is too late if you want to very quick so you must grow your gas price and get instant money.
member
Activity: 168
Merit: 10
Presale Starting May 1st
February 28, 2018, 01:03:03 PM
#77
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

It depends on the coin network. If it's Bitcoin then the fastest transaction speed is around 30 minutes for the expensive transaction fee and for the cheaper fee would the more than a couple of hours, otherwise, most altcoins do have the speed of
 Around 5 minutes and must of them will be lesser
than a minute.
If you still don't receive the transaction then wait for at least 24 hours.
hero member
Activity: 1008
Merit: 501
February 28, 2018, 12:59:16 PM
#76
its all depend on your fees per tx. because in MEW i am using 30gwei per transaction and it takes more or less 1 minute to be completed. meaning the more gwei you use, is to become more faster than the lowest one.
Not just fees really, as it all depends on the network congestion. If a network is overloaded, then there is a possibility of you ending up with high fees and it keeps getting more congested, it is just a precautionary measure used in preventing spamming of the network. However, in instances like this, even very low fees; you can get your account confirmed in a very short time before you even know it.
member
Activity: 210
Merit: 10
February 24, 2018, 03:21:29 PM
#75
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
It is depends on the network congestions,like in ethereum 40% of the total transactions in the cryptocurrencies are coming from ethereum everyday that is why ethereum's transactions sometimes has a lot of delays,also it depends on the gas price you have use because the less gas you put the slower the transcation will be.
legendary
Activity: 1512
Merit: 1041
February 24, 2018, 03:18:36 PM
#74
Bitcoin takes some hours or days. Ethereum takes less than 2 minute, rush hours, it takes maybe 1 hour or more... BTC has 7 TPS, ETH has 20TPS. Ripple has 1500 TPS, and a lot of coin has faster than all of them will be launched. It's up to type of coin.
That was when there is a huge rally and a lot of transfers over the network causing congestion. If you have made transfers recently, you will know how fast bitcoin has been and even if you now end up making a segwit transaction, then you will so much love bitcoin. I made a transaction yesterday and it only took 2 minutes to get 3 confirmations. However, like you said, it depends on coins, but it also depends on the scale they are being used at a particular point in time.

Normally, most altcoins since they are not being used on the large scale as much as bitcoin takes faster in transacting and anything more than 1 hour should start bringing some worries. Bitcoin on the other hand during network congestion and unluckily you ended up using a low fee, you may not even get your bitcoin in weeks and at times, it may need to be rebroadcasted later, but these days, it is just so sweet transacting.
full member
Activity: 688
Merit: 101
February 23, 2018, 10:59:31 AM
#73
usually it takes 2-3 minutes in ethereum, and i think it depends on the fees per tx. because if you want a lightning fast confirmation, of course change the fees into a high payment fees per transaction. but for me 10gwei is enough to receive and send tokens.
full member
Activity: 490
Merit: 123
February 23, 2018, 09:24:34 AM
#72
it depends on multiple factors.
Which currency sending, how high network fee is set.
And of course who is sending this transaction.
LTC and BCH transactions are super fast. (not mentioning near-instant XRP)
sr. member
Activity: 938
Merit: 256
February 23, 2018, 09:04:19 AM
#71
it depends what coin do you transfer. BTC could take long time and high fees also. ETH is quite good, not so much fees also if you transfer from wallet, you can set the gas price (fee) to boost up your transfer speed
full member
Activity: 1190
Merit: 111
February 23, 2018, 09:03:22 AM
#70
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

Different coins have different time of arrival.
BTC will take minutes to days, ETH can arrive seconds to minutes or even a day (never encounter)
some coins have their own time of arrival and sometime it is depend on the exchange if you sent or will receive from it.
Anything will be ok as long as you put the right address.
jr. member
Activity: 238
Merit: 1
February 23, 2018, 08:57:50 AM
#69
The transaction speed in the cryptography is highly dependent on the number of network participants per minute or hour. The more people are sitting that speed much lower!  Roll Eyes
member
Activity: 196
Merit: 23
Large scale, green crypto mining ICO
February 23, 2018, 08:35:35 AM
#68
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

Which coin are you talking about? With ETH, it takes less than 60 seconds. On the other hand, for Bitcoin it can take anywhere from 30 minutes to 3 days, depending on the transaction fee used and the network load. Other currencies such as LTC, BCH, BSD and XLM comes somewhere in between these two.
My maximal waiting time was 2 weeks for bitcoin transaction in December, but at that point I was really nervous and uncomfortable. From that moment on I learned a valuable lesson of always estimating and applying reasonably high transaction fee.

With other coins, they normally don't get clogged and it is usually a matter of a few blocks. Exact confirmation time depends on their specific new-block-generation-time.
full member
Activity: 588
Merit: 106
February 23, 2018, 08:23:39 AM
#67
It only takes around 1-5 minutes if you are talking about Ethereum while Bitcoin takes about 2-10minutes per transaction. Other altcoins maybe faster or slower, it varies on the features they have in term of speed.

You can determine for yourself fees when you make a payment. It will be useful not to waste time

for ETH
https://ethgasstation.info/

for BTC
http://bitcointicker.co/networkstats/
https://bitcoinfees.earn.com/#fees
full member
Activity: 406
Merit: 100
▰▰▰ MODULE ▰▰
February 23, 2018, 08:18:01 AM
#66
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

When aim doing transaction of withdrawing sometimes my bitcoin and transfer to my local exchange for the purpose of long term investment its mostly cost of 48hrs,but that depend on the trading website you use,thats why sometimes i become suspecious if my transaction become successfull or not,and i thinks sometimes that my bitcoin will turn to nothing or trash because sometimes other exchange trading sites they will manually doing your transaction.
member
Activity: 231
Merit: 10
February 23, 2018, 08:03:50 AM
#65
It only takes around 1-5 minutes if you are talking about Ethereum while Bitcoin takes about 2-10minutes per transaction. Other altcoins maybe faster or slower, it varies on the features they have in term of speed.
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