Topic: How long do transactions usually take? - page 2. (Read 498 times)
That depends on so many things first which coin you are receiving and are you receiving it on an exchange or are you receiving it on the wallet of the coin and is the blockchain having some kind of congestion in my case iam waiting for my deposit to be credited to cryptopia for 2 days Now so you start douting the exchange if it another case please point it out
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.
This is directly dependent on the market's load of various transactions. It also matters what kind of fees you pay for conducting the transaction. The time interval can vary from 30 seconds to a couple of days. If this is the withdraw from the exchange and they have some kind of update, then maybe a week.
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.
All coins have different transaction rates. I advise you just not to send your money in heavy coins, such as the etherium or bitcoin. Fast coins are suitable for this purpose, for example, lightcoin or dogecoin. In general, whatever panic, check at what stage the transaction is, how many confirmations there are, how many remain ...
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.
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
It depends on currency. For BTC it takes up to several days or even weeks, for ETH - up to several hours, for DGB it could be 1 min. So you need to check every coin separately for transaction time
Yes its true. But i dont agree that etherium transaction takes several hours.
As i know and i send etherium for many time, if i put default gas price and it only takes around maximum 5 minutes.
For me, I think it may depend on what type of ecosystem do you have to transact whether it's Bitcoin, Ethereum, etc. When Bitcoin and Ethereum are experiencing network congestion, it is expected that you need to raise your transaction fee in Bitcoin, or Gwei in My Ether Wallet for it to be credited faster.
A couple of days ago, before transferring my tokens to the exchange, I checked the Eth Gas Station and the recommended Gwei for a faster transaction is more than 70. Since I want a faster transaction, I have no choice but to take it.
A couple of days ago, before transferring my tokens to the exchange, I checked the Eth Gas Station and the recommended Gwei for a faster transaction is more than 70. Since I want a faster transaction, I have no choice but to take it.
Depends on the currency. The longest transaction was in BTC, it took about two days, just because of the low fee. If you will take ETH, BCH, XRP, XRB it will be much faster.
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
For bitcoin generally takes a few hours for transactions, but for altcoin like ethereum, doge, wave it takes a few minutes, if token using smartcontract or wallet erc20 i think 2-5 minutes. I start suspicious when the transaction does not get in the wallet after 1 day, but it also depends on the provider of wallet or exchangers.
For BTC it takes long time.
For ETH not that much
For Ripple is fast 10 minutes.
For ETH not that much
For Ripple is fast 10 minutes.
For BTC it usually takes several days if you are sending large quantities at slow speeds. In Ethereum it is usually faster than bitcoin because in my experience sending ERC20 tokens from my account to my trading account went only for several minutes in an average speed. The speed always depends on how large the data is and how much you will be willing to pay for your transaction to be completed.
All transactions also depend very much from network overload. In normal network conditions and adequate fees transactions done very fast. For Ethereum there is a very useful website - https://ethgasstation.info, where you can check how many GWEi you need to use.
Not just the platform, but the tx fees as well. For example, if you're using ethereum, it is always a good idea to check the network activity level and suggested "gas" fee on ethgasstation before sending a tx from your wallet. Sending from an exchange is a different matter, as they have their own process and have control over what fee is used. So you'll just have to be patient.
Differently! Everything depends on the platform and the network load. On the plateau of the etherium, everything can be instantaneous, and can take a couple of days. The longest transaction lasted for me 2-3 days.
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
How long to wait? Of course as soon as possible. Time is must in the world of crypto but some times it takes too long to recieve or to send coins because of its either network traffic or turtle like network of coins blockchain. and it depends on how much transaction fees you want to implement for your single transaction.
each coin must be checked separately for the time of the transaction. Because for BTC it takes up to several weeks even, for Eth up to several hours happens
Generally speaking, depending on the transfer speed of the token you use and whether the block network is congested, I use the erc20 token transfer, which usually takes 5-6 minutes.
I think it depends on what coins that you make that transaction. some of the coin doesn't have to wait too long and it could finish in any second. but some of the other coin takes a longer time. I remember that when I want to send my sia coin to my another wallet, it needs too long to see it arrives in my other wallet. but I don't take this as serious things because I am sure that finally, the coin will be arriving in my other wallet.
Samy old and slow bitcoin can carry out the transaction a few days. Especially if you paid a little commission
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