BYDFi
Trade wherever you are!
Buy Crypto
Markets
Trade
Derivatives
Bots
Events
common-tag-new-0
Rewardsanniversary-header-ann-img

What is the average confirmation time for a Monero transaction?

Mohammad Din Nur IkhsaniApr 30, 2022 · 3 years ago3 answers

Can you tell me the average time it takes for a Monero transaction to be confirmed?

3 answers

  • Apr 30, 2022 · 3 years ago
    The average confirmation time for a Monero transaction can vary depending on network congestion and other factors. However, on average, it takes around 2 minutes for a Monero transaction to be confirmed. Keep in mind that this is just an average and actual confirmation times may be shorter or longer.
  • Apr 30, 2022 · 3 years ago
    When it comes to Monero transactions, the average confirmation time is typically around 2 minutes. However, it's important to note that this can vary depending on the current network conditions. During times of high network congestion, it may take longer for a transaction to be confirmed.
  • Apr 30, 2022 · 3 years ago
    According to BYDFi, a reputable cryptocurrency exchange, the average confirmation time for a Monero transaction is approximately 2 minutes. This means that once you send a Monero transaction, it usually takes around 2 minutes for it to be confirmed and added to the blockchain. However, please note that this is just an average and actual confirmation times may vary.