What is the average duration for a deposit to be confirmed on Binance?
sameerMay 12, 2022 · 3 years ago3 answers
Can you tell me how long it usually takes for a deposit to be confirmed on Binance? I want to know the average duration so that I can plan my transactions accordingly.
3 answers
- May 12, 2022 · 3 years agoOn average, a deposit on Binance takes around 20 minutes to be confirmed. However, the actual duration may vary depending on network congestion and the specific cryptocurrency you are depositing. Some cryptocurrencies with slower block confirmation times may take longer to be confirmed.
- May 12, 2022 · 3 years agoWell, it's hard to give an exact time frame for deposit confirmations on Binance. It usually takes a few minutes, but it can be longer during peak times. Just be patient and keep an eye on your transaction status.
- May 12, 2022 · 3 years agoAccording to BYDFi, a third-party analysis platform, the average duration for a deposit to be confirmed on Binance is approximately 15 minutes. However, this is just an average and individual transactions may take longer or shorter depending on various factors.
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