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Bitcoin cash transactions are usually almost immediately and this is due to the fact that one does not really have to suffer network issues or fluctuations as it is a case with other cryptocurrencies .
That is why it more safer to carry out your transactions with a well trusted exchange so that you can make really Swift transactions and get your pay as soon as possible.This type of transaction does not take you more than 30 minutes and that is what is reasonable if it is more than that it has become a very slow transaction and it is not advisable to carry it out.
The transaction around that particular cryptocurrency is not usually more than 30 minutes and that is the maximum but if it is more than that it becomes a very slow transaction and it is not advisable to work on such platform.That is why it more safer to carry out your transactions with a well trusted exchange so that you can make really Swift transactions and get your pay as soon as possible.
5 minutes? Well that is quite long because normally it shouldn't take more than one minute for a transaction to complete. Always believe it to be the best cryptocurrency with the fastest transaction rates.the last bitcoin cash transaction i made from trust wallet to binance took about 5 minutes for it to arrive.
There are times where it does not take up to 2 minutes and there are times it takes more than five minutes. I think how fast it arrives depends on the kind of exchange or the kind of wallet that you are using to send or receive.
How fast it is depends on the exchange you are using to send to and receive. if I am sending bnb from trust wallet to binance, it does not even take up to one minute for it to arrive.5 minutes? Well that is quite long because normally it shouldn't take more than one minute for a transaction to complete. Always believe it to be the best cryptocurrency with the fastest transaction rates.
I do know the platform you were using to send the Bitcoin cash. For every transaction I do I make use of two platform, binance and trust wallet. Trust wallet does not delay in executing transactionHow fast it is depends on the exchange you are using to send to and receive. if I am sending bnb from trust wallet to binance, it does not even take up to one minute for it to arrive.
But I was surprised when I sent bitcoin cash to my binance account it took up to 5 minutes or even more.
Maybe, it is because of network congestion on binance platform because sometimes things like that happen and most transactions are delayed.I do know the platform you were using to send the Bitcoin cash. For every transaction I do I make use of two platform, binance and trust wallet. Trust wallet does not delay in executing transaction
If you were sending it to binance , then definitely the delay is from binance platform because binance would always said that your transaction must passed through a series of confirmation . I think this is what leads to the delay when you sent the funds.Maybe, it is because of network congestion on binance platform because sometimes things like that happen and most transactions are delayed.
It will actually not be from trust wallet because they are decentralized and you can make transactions at any time.
Exactly, there was a lot of confirmations on the transaction before I was able to see the balance in my account. I think that is where the delay emanated from.If you were sending it to binance , then definitely the delay is from binance platform because binance would always said that your transaction must passed through a series of confirmation . I think this is what leads to the delay when you sent the funds.
I have been using trust wallet for a long time and it does not delay any transaction. Even if you were sending the coin from binance to trust wallet , there could have been some sort of delay before you are able to receive it in your trust wallet app. It seems binance will always delay a little bit both on sending and receiving.Exactly, there was a lot of confirmations on the transaction before I was able to see the balance in my account. I think that is where the delay emanated from.
Assuming I was sending from binance to trust wallet, it wouldn't have wasted any time.
The difference between binance and trust wallet is that binance is centralised and they are regulating every transactions that goes into their exchange, while trust wallet is decentralized even though it is owned by binance.I have been using trust wallet for a long time and it does not delay any transaction. Even if you were sending the coin from binance to trust wallet , there could have been some sort of delay before you are able to receive it in your trust wallet app. It seems binance will always delay a little bit both on sending and receiving.
Oh , nice one. I did not know that trust wallet is being control by binance company. I Always believe that anything that is being control by balance will always have the binance logo which we all know. Thanks for sharing this.The difference between binance and trust wallet is that binance is centralised and they are regulating every transactions that goes into their exchange, while trust wallet is decentralized even though it is owned by binance.
There is nothing like network congestion when you are sending a token or a coin to trust wallet unlike binance.