How long does bitcoin cash trasaction takes place?

[chicnthin]

You're welcome. Am getting to love the community here, the wealth of experience and knowledge is deep. I use bitcoins for withdrawal strictly. I would have tried ethereum but its gas fees are off the charts.

This is a really great community. I see that you're using bitcoins to withdraw your earnings. During my first time, I used it as well. But ever since I found out that there is bitcoin cash option, I used it this time because it has lower fees.
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You're welcome. Am getting to love the community here, the wealth of experience and knowledge is deep. I use bitcoins for withdrawal strictly. I would have tried ethereum but its gas fees are off the charts.

This is a really great community. I see that you're using bitcoins to withdraw your earnings. During my first time, I used it as well. But ever since I found out that there is bitcoin cash option, I used it this time because it has lower fees.

 

[Trojan8]

Bitcoin cash completes transactions with the speed of light. It was created to be a more liquified version of bitcoin hence the speed. In my case it took less than 15 minutes for a wallet transfer using bitcoin cash and u was impressed. The only altcoin that comes close that I know of is Tron but it's not doing so well in the market.

 

[chicnthin]

Transaction involved Bitcoin cash is very slow compare to Bitcoin

Bitcoin uses 3 confirmations before it's appears in the wallet. Once it's reaches 3 out of 5, you will see your coin.

Bitcoin cash uses 15 confirmations before you can see it in ur wallet

I thought it was the other way around. Thanks for clarification. But bitcoin cash has so much lower transaction fees compared to bitcoin that's why I will always use it from now on. I don't mind waiting as long as I'm gonna receive it.

 

[emyOnline]

You can actually check your payout request using the bitcoin cash explorer. Copy and paste in the search bar your bch address and there you will find the confirmations in your request. In my experience, it took around 3 days receiving it in my wallet. I think it will depend also on the wallet your using. How fast they process deposits.

 

[Herzhan]

I thought it was the other way around. Thanks for clarification. But bitcoin cash has so much lower transaction fees compared to bitcoin that's why I will always use it from now on. I don't mind waiting as long as I'm gonna receive it.

The reason for his low transactions fee is because it's not as valued as Bitcoin
Bitcoin cash is not valued compare to Bitcoin. So there is always less charges for it but in Bitcoin, charges is high because it's price is high. So that's the reason. You will soon receive your coin, just be patience enough

 

[chicnthin]

You can actually check your payout request using the bitcoin cash explorer. Copy and paste in the search bar your bch address and there you will find the confirmations in your request. In my experience, it took around 3 days receiving it in my wallet. I think it will depend also on the wallet your using. How fast they process deposits.

Woah, I didn't know that in some cases, it took days to reflect the transactions in your wallet.

The reason for his low transactions fee is because it's not as valued as Bitcoin
Bitcoin cash is not valued compare to Bitcoin. So there is always less charges for it but in Bitcoin, charges is high because it's price is high. So that's the reason. You will soon receive your coin, just be patience enough

Hi, I have already received my payment. It reflected on my wallet just after a few minutes this thread has been approved by the admin.

 

[Ltherman]

This is a really great community. I see that you're using bitcoins to withdraw your earnings. During my first time, I used it as well. But ever since I found out that there is bitcoin cash option, I used it this time because it has lower fees.
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This is a really great community. I see that you're using bitcoins to withdraw your earnings. During my first time, I used it as well. But ever since I found out that there is bitcoin cash option, I used it this time because it has lower fees.

Okay! I see, i mean there is room for trying other medium of withdrawal. I guess am most comfortable with Bitcoin.
So have you been able to recover the funds you withdrew?

 

[Kingsley]

The length of to taken to do the transaction depends lagerly on the type of platform you are trading from and your country's policies and more on the networks, but generally speaking it could run for within 24 -48 hours there are some that can take longer. Some might be shorter aswel. It all goes down to the type of platform.

 

[Abbeyola]

I made a payout request on this site earlier this morning and after I came back to write my hourly posts, I noticed my alerts and it states that my payment was already sent to my payment option. I chose the bitcoin cash. I immediately went to my wallet and check if the transaction was already reflected ans it turns out it hasn't yet. This is my first time using bitcoin cash, but I used bitcoin withdrawal before.

How long does bitcoin cash transaction usually reflects in our wallet?

It is like all other crypto currency,it takes the same time invest you sell in your wallet,then you can convert it to cash transferred into your local account and enjoy withdrawal in your local currency.
Then,you are good to go ,if you make use of luno.

 

[arrain1120]

transactions take an average of 10 minutes to be completed. However, the transaction time is dependent on various factors. Bitcoin transactions have to be verified by a process called mining where miners are required to solve complex puzzles.

 

[Niftyyem]

It is good that you finally got your payment. Bitcoin cash transactions are usually one of the fastest and the fees are also minimal compared to btc. Provided you have everything imputed correctly, then, there would be no need for worries.

 

[Debola]

I made a payout request on this site earlier this morning and after I came back to write my hourly posts, I noticed my alerts and it states that my payment was already sent to my payment option. I chose the bitcoin cash. I immediately went to my wallet and check if the transaction was already reflected ans it turns out it hasn't yet. This is my first time using bitcoin cash, but I used bitcoin withdrawal before.

How long does bitcoin cash transaction usually reflects in our wallet?

Before going into different scenarios for transaction speeds, Bitcoin transactions generally take anywhere from 10 minutes to 1 hour. The reason for the range in time is that different situations require different amounts of confirmations (1 confirmation takes ~10 minutes) for a transaction

 

[Mastercoded]

It depend on the company handling the transaction

 

[chicnthin]

It is good that you finally got your payment. Bitcoin cash transactions are usually one of the fastest and the fees are also minimal compared to btc. Provided you have everything imputed correctly, then, there would be no need for worries.

I was relieved when I saw a notification from my wallet that shows that I already received the payment. The only reason why I sort of panicked is because I'm not sure whether I have to convert it into the legacy address.

 

[arrain1120]

Transactions are being added to the bitcoin mempool's full queue constantly. Some may have been sent with higher miner fees than the one sent with your payment. This means that with current network traffic, miners may deprioritize your unconfirmed transaction even if it was sent with an appropriate fee at the time.

 

[Obaterof]

Confirmation is what takes time. When you send bitcoin from wallet to wallet (what it was made for) the transaction is visible after maybe 5 seconds. The confirmations make it a SECURE advertised transaction.

 

[Zevin]

Bitcoin is able to handle 7 transactions per second, bitcoin cash can handle 100. So, you can guess how fast is Bitcoin cash compared to bitcoin. However, I have done only one bitcoin cash transaction to receive $5 worth bitcoin cash from another forum. sadly, my $% has gone down to $4.20. I am thinking to use bitcoin cash more.

 

[Niftyyem]

I was relieved when I saw a notification from my wallet that shows that I already received the payment. The only reason why I sort of panicked is because I'm not sure whether I have to convert it into the legacy address.

I will be thinking of using bch next time I need to make a withdrawal because of the high fees for ETH and btc. It is also good that the coin itself is not doing badly thanks to bitcoin price that keeps rising.

 

[Succjay]

I have noticed that BTC transactions seem to be faster than every other crypto transactions but it is not supposed to take this long if you did everything right. I have fallen a victim of such before but not on this site.

 

[Ehizzy1]

I think you should at least wait for some time before they start processing the transaction because most times it actually takes up to 3 hrs before you would receive it in your wallet , and i love the fees because they arent high like the one of bitcoin, so just be patient you would receive it in your wallet