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Topic: How long do transactions usually take? - page 3. (Read 498 times)

hero member
Activity: 1960
Merit: 547
Vave.com - Crypto Casino
February 23, 2018, 04:12:20 AM
#44
If a coin network is overloaded then almost any coin is sent for a very long time. My longest bitcoin transaction lasted about three days. After this incident I started using ETH or other fast coins. In order to send a large amount with a small commission quickly I use DOGE and XLM. It usualy takes 1-5 minutes.
member
Activity: 115
Merit: 10
CryptoTalk.Org - Get Paid for every Post!
February 23, 2018, 04:03:22 AM
#43
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
It's depends on what crypto coin did you send, if bitcoin it takes a  30 minutes or 2 days. In crypto currency transactions there are a difference from fee and which coin.
full member
Activity: 368
Merit: 100
February 23, 2018, 04:01:07 AM
#42
Depends on the currency and the amount of commission that you are willing to spend on the transfer. Bitcoin takes the longest time
legendary
Activity: 2478
Merit: 1951
Leading Crypto Sports Betting & Casino Platform
February 23, 2018, 03:55:22 AM
#41
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
Two days ago I was sending the ETH. The moment the transaction was created coincided with the beginning of the ICO. In the end, I waited about two hours watching how the gas price first rose to 100 (from 10) then slowly fell.
legendary
Activity: 1232
Merit: 1000
February 23, 2018, 03:37:37 AM
#40
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

Of course it depends on a particular crypto and current load situation. Last time I have very cheap (<$1) and fast (<10min) transactions with ETH, ETC, LTC and BTC. I guess it's mostly because of the correction...
member
Activity: 154
Merit: 10
Next Generation Agreements for Everyone on The Eth
February 23, 2018, 03:24:04 AM
#39
Bitcoin is one of the slowest transaction speed in the market due to it's heavy congestion traffic in Bitcoin network itself.
But when it comes into other Altcoins like NEO or Dogecoin and other Altcoins that has a very fast transaction speed and as fast as a couple of seconds.
I experience Ripple and Dogecoin are one of the fastest and that's why it compels me to buy more Ripple and Dogecoin because it's reliability and speed.
member
Activity: 154
Merit: 10
Next Generation Agreements for Everyone on The Eth
February 23, 2018, 03:11:59 AM
#38
It depends on the coin you're using because all coins aren't the same because transaction speeds are always the main criteria of comparing Cryptos in the market.
Bitcoin is one of the slowest transaction speed in the market, and fastest would be around 30 minutes but most of the time users are saying that it would take more than a couple of hours but most of my Bitcoin transactions are more than 24 hours because I always choose the least or the minimum transaction fee.
sr. member
Activity: 434
Merit: 250
February 22, 2018, 11:40:33 PM
#37
It depend on currency and transaction fees we are giving for each currency . I felt bitcoin taking hours if i am keeping 50000 sathoshi to 100000 sathoshi . Ethereum 50000 gwei taking a minute for transaction may be less than minute . While crypto Kitties ethereum congestion it was taking more time and transaction fees.
full member
Activity: 420
Merit: 101
February 22, 2018, 11:19:50 PM
#36
The length of your transaction depends on how much fee you pay for it. Suggestions for minimize the cost of coins, moving from 1st exchange to another exchange and see cheap altcoin (BTC - DOGE). So each time you want to do your transaction first check how much fee needed for fast transaction.
newbie
Activity: 26
Merit: 4
February 22, 2018, 10:11:45 PM
#35
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
Depends on the cryptocurrency that you transact and how much fee you are willing to pay. The transaction become suspicious if the delay is already reach 1 hr which means there could be a high traffic in the network.
member
Activity: 293
Merit: 12
February 22, 2018, 10:03:07 PM
#34
Depends on what coin are you trading , but usually it only takes second on most of the coins out in the market . They are designed to be fast because that is what we need . However , some blockchain get clogged which affects the trascantion speed of a coin . Take ETH for example during the Kitties invasion , the ETH Blockchain Network was very slow .

On the other hand , if you want to make the transaction time faster , you can increase the transaction fee which then kinda puts you in a "High Priority" . Tho some coin doesnt offer this kind of feature instead they have a fixed transaction fees .

Thing is , transaction speed varies per coin . And could be affected by other factors .
copper member
Activity: 1400
Merit: 103
February 22, 2018, 09:41:27 PM
#33
Each coin has the time of each transaction, there is a moment there is also a long one

Example :
BTC need 2/3 Confirmation
ETH need 50 Confirmation

And all transactions can be made fast or slow, depending on how much you pay the transaction fee, the higher the transaction fees, the sooner your transaction gets confirmed
member
Activity: 173
Merit: 10
Astorgame.com | ICO is LIVE | Get Your Bonus
February 22, 2018, 09:27:06 PM
#32
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 altcoin you will send and depends on the traffic of the network. As of today my minimum waiting is only 1 minute to 10 minutes time frame. Make sure also to check the status of the wallet if you send it to trading platform because sometimes their wallet is under maintenance.
full member
Activity: 336
Merit: 100
February 22, 2018, 09:14:48 PM
#31
Now even bitcoin transactions pass quickly - it takes me about 20-30 minutes.  And the cost of transactions has dropped significantly.  But I'm habitually changing Bitcoin to LTC or Dash.  Transactions of these coins between exchanges occur quickly.  And the commission is small.
newbie
Activity: 196
Merit: 0
February 22, 2018, 09:07:38 PM
#30
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

The transaction time of altcoins is depends on some factors. for example in eth, the gas you used.
The higher gas, the faster that your transactions process. The lower gas, the slower your transaction will be processed.
full member
Activity: 504
Merit: 102
February 22, 2018, 07:13:05 PM
#29
This question is not as specific as it. How to know if what we will answer?  But anyways. When talking about major coins-
Btc took about hours, depending on the amount of fee you used.
Eth took about minute only
And when you talking about buying coins in ico,  just read those guidelines of them on when to distribute mate
full member
Activity: 294
Merit: 113
February 22, 2018, 06:55:41 PM
#28
It depends on the coin you use.
sr. member
Activity: 569
Merit: 250
February 22, 2018, 06:55:01 PM
#27
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
The majority of altcoins have already implemented scalability improvement and it may takes only some minutes to be delivered. if you are sending through exchange site and it may take few hours or more than 30 minutes. But if that was more than a  day and it looks suspicious.
newbie
Activity: 29
Merit: 0
February 22, 2018, 06:44:07 PM
#26
Like people said it heavily depends on the coin, but also keep in mind that exchange processing times are different and varying too.
full member
Activity: 280
Merit: 100
February 22, 2018, 06:17:17 PM
#25
Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

Typically when performing altcoin trading, withdraw from the e-wallet to the exchange floor, the time is speedy, on average it only takes about 30 minutes for each transaction at a reasonable cost. With Bitcoin, the time waiting for confirming it takes up to 5 days to successfully transaction. So if you need fast speed, you should exchange to altcoins like ETH instead of Bitcoin Cheesy
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