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How long does bitcoin cash trasaction takes place?

  • Thread starter Thread starter chicnthin
  • Start date Start date
The transaction if any form of business either crypto transactions or any other online transactions, is not supposed to exceed more than 24 hours of transactions but sometimes it exceeds due to some networks issues ot failure.
 
I think it depends on the wallet you're transferring from and the wallet that you are sending it to. But normally it takes up to 10 to 15 minutes depending on your wallet. But I have seen some cases that it took up to 30 minutes. So you need to have a little patience.
 
Josephjossy said:
I think it depends on the wallet you're transferring from and the wallet that you are sending it to. But normally it takes up to 10 to 15 minutes depending on your wallet. But I have seen some cases that it took up to 30 minutes. So you need to have a little patience.
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You are absolutely right because the speed of transactions depends on the the type of wallet address. If you are transferring from binance wallet to another Binance wallet , It will be very fast.
 
The highest I have waited for bitcoin cash transaction was far lesser than one hour and on most cases, it is usually processed within minutes. It does not take time at all.
 
I haven't waited so long to complete my bitcoin transactions even though sometimes there are factors which affect the networking system that may takes the transaction so long.
 
The bitcoin cash transaction takes place in the blockchain. The technology is simply one of the best in history. The blockchain is the open ledger where business transaction takes place.
 
From a little trial I did, I realised that bitcoin tends to get so many confirmation before it arrives one's wallet, but the bitcoin cash is very fast .
 
Winning Team said:
From a little trial I did, I realised that bitcoin tends to get so many confirmation before it arrives one's wallet, but the bitcoin cash is very fast .
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You are absolutely correct. The bitcoin transaction is very slow initially. Now. The advent of the the bitcoin lightening network makes the transaction with bitcoin very fast and reliable.
 
Ononivami said:
You are absolutely correct. The bitcoin transaction is very slow initially. Now. The advent of the the bitcoin lightening network makes the transaction with bitcoin very fast and reliable.
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That is the beauty of cryptocurrencies. More projects tend to make everything move so smoothly due to advancement that we get to see every blessed day.
 
Winning Team said:
That is the beauty of cryptocurrencies. More projects tend to make everything move so smoothly due to advancement that we get to see every blessed day.
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The bitcoin lightening network have been integrated into many platforms inorder to instigate a fast transaction around bitcoin. That's a good development.
 
Well, bitcoin transactions tend to be fast though sometimes it is been affected by some certain reason either delay in confirmation of transaction or either networking issue.
 
The bitcoin transactions done on the Lightning Network is very fast when compared to the ones done on other medium. I think it's very good to choose a fast Network.
 
Normally bitcoin transactions is not supposed to last or exceed 24 o
hours but sometime certain factors hinders or prolong the the transaction period to more than 24 hours.
 
How fast a bitcoin transaction takes is going to be dependent on the transaction that is happening and the congestion on the block chain. Typically it should take around 10 to 20 minutes for a typical bitcoin transaction to complete.
 
Bitcoin transaction is also very fast , especially if the transaction is between two individuals who are making use of the same wallet and exchange platform for the transaction.
 
Actually sometimes I consider the transaction between individuals as more faster compared to others. The bitcoin transactions is not supposed to exceed 24 hours but sometime it those because of some certain reason.
 
Chain congestion is a very important indicator of how long your transaction is going to take. On a normal day it is going to take you about 30 minutes to an hour for all the confirmations to be done before it reaches your account.
 
The bitcoin cash transaction should not be more than 30 minutes because I have received payment via the bitcoin cash severally and it was super fast and very reliable.
 
The bitcoin cash transaction takes place in the blockchain. The technology is simply one of the best in history. The blockchain is the open ledger where business transaction takes place.
 
I have personally waited for bitcoin transactions for up to 24 hours though sometimes it depends on your location and the networking systems and I believe mine was due to poor connection but it was not supposed to be like that.
 
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