What is the typical waiting time for a Bitcoin ATM transaction to be processed?

3 answers

• Filip ČehovskýOct 27, 2024 · 8 months ago
  The typical waiting time for a Bitcoin ATM transaction to be processed can vary depending on several factors. Generally, it takes around 10-30 minutes for a transaction to be confirmed on the blockchain. However, during periods of high network congestion, it may take longer. It's important to note that the waiting time also depends on the transaction fee you choose to pay. Higher transaction fees can prioritize your transaction and speed up the confirmation process.
  470

  235
• Alana GodoyDec 28, 2020 · 4 years ago
  Well, it really depends on the specific Bitcoin ATM and the network conditions at the time. On average, it takes about 15-20 minutes for a Bitcoin ATM transaction to be processed. However, during peak times or when the network is congested, it can take longer. So, if you're in a hurry, it might be a good idea to check the current network status and choose a Bitcoin ATM that is known for faster transaction processing.
  420

  140
• tommasomariogustavo nanniciniJun 25, 2022 · 3 years ago
  According to BYDFi, a popular digital currency exchange, the typical waiting time for a Bitcoin ATM transaction to be processed is around 10-20 minutes. However, this can vary depending on the network congestion and the transaction fee you choose to pay. It's always a good idea to check the current network status and choose a Bitcoin ATM that offers competitive transaction processing times.
  393

  99