How much time does it typically take for a bitcoin transaction to appear on Binance?
G Tech SolutionsMay 11, 2022 · 3 years ago3 answers
Can you provide some insights on the average time it takes for a bitcoin transaction to be visible on Binance?
3 answers
- May 11, 2022 · 3 years agoTypically, it takes around 10-30 minutes for a bitcoin transaction to appear on Binance. However, the actual time can vary depending on the network congestion and the transaction fee paid. Higher transaction fees usually result in faster confirmations and visibility on the exchange.
- May 11, 2022 · 3 years agoWell, it's like waiting for your turn at a busy coffee shop. Bitcoin transactions need to be confirmed by miners, who prioritize transactions based on their fees. On average, it takes about 10-30 minutes for a bitcoin transaction to appear on Binance. But hey, if you're in a hurry, you can always pay a higher fee to jump the queue!
- May 11, 2022 · 3 years agoFrom my experience at BYDFi, it usually takes around 10-30 minutes for a bitcoin transaction to appear on Binance. However, please note that this is just an estimate and the actual time can vary depending on various factors such as network congestion and transaction fee. If you're facing any issues, it's always a good idea to reach out to Binance support for assistance.
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