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Network congestion is the primary determinant of how fast a bitcoin transaction is going to take place. This is why you can take from as little as 5 minutes to as long as a day.
The bitcoin cash transaction takes less than 30 minutes. The time it takes also depends on the network that was used . The Lightning Network is very fast way to make cryptocurrency transaction.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.
That is exactly the best way to put itThe bitcoin cash transaction actually depends on the channel of the transaction. If it is done on the the same blockchain it will be faster than if it's going to another blockchain.
Bitcoin cash is a much more lighter version of Bitcoin that was created in order to handle the problem of transaction fees. A typical transaction is expected to take from a few seconds to 20 minutes.How does the bitcoin cash work is there any much difference in its own terms of withdrawal, I really need to know. I know of bitcoin cash but o want someone to enlighten me on how it works or the clear difference
This is also one of the reasons why we like cryptocurrency. I do not think there's any banking institution that can be able to transfer money for you safely without headache in as close as 30 minutes.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 30 minutes of bitcoin cash transaction is very fast. You could imagine the number of hours it would take if you are using the centralized platform to make international transfer.This is also one of the reasons why we like cryptocurrency. I do not think there's any banking institution that can be able to transfer money for you safely without headache in as close as 30 minutes.