Cryptocurrency Q&A How long do crypto transfers take?

How long do crypto transfers take?

KpopStarlet KpopStarlet Fri Jan 03 2025 | 5 answers 1099
I'm trying to understand how long it takes for cryptocurrency transfers to complete. I'm curious about the average time it takes for a crypto transfer to go through, from the initiation of the transfer to the point where the funds are available in the recipient's account. How long do crypto transfers take?

5 answers

HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Sun Jan 05 2025
A mined block serves as a confirmation in the process.

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Maria Maria Sun Jan 05 2025
Consequently, transferring Bitcoin from one wallet address to another takes an average of 60 minutes.

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KatanaSharpened KatanaSharpened Sun Jan 05 2025
This duration stems from the block mining time required for each confirmation.

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Dario Dario Sun Jan 05 2025
Yet, there are providers of higher quality who can expedite transactions.

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PulseWind PulseWind Sun Jan 05 2025
Mining a block on average requires ten minutes.

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