Author

Topic: transaction confirmation and availability (Read 167 times)

member
Activity: 325
Merit: 26
December 07, 2017, 04:50:34 PM
#2
Can someone explane me that when we send bitcoin to an exchange it most of the time takes a while, (1.5hours), but after 10 minutes i get i sign that the transaction is marked as confirmed?


Looks like your exchange is waiting for about 9 confirmations until you can access your funds. They're making certain that they are not going to be victims of a double-spend. Now when you spend your BTC the exchange sends it out right away. If you're in the first block then you'll see the transaction in 10 minutes or so.
newbie
Activity: 36
Merit: 0
December 07, 2017, 04:10:09 PM
#1
Can someone explane me that when we send bitcoin to an exchange it most of the time takes a while, (1.5hours), but after 10 minutes i get i sign that the transaction is marked as confirmed?


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