How long does it typically take for an ETH transaction to be confirmed on the blockchain?
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Can you tell me the average time it takes for an Ethereum (ETH) transaction to be confirmed on the blockchain? I'm curious about the typical waiting time for my transactions to be finalized.
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3 answers
- On average, an Ethereum transaction takes around 15-30 seconds to be confirmed on the blockchain. However, this can vary depending on network congestion and the gas price you set for your transaction. If the network is busy, it may take longer for your transaction to be included in a block. It's always a good idea to check the current network status and gas prices before making a transaction.
Feb 18, 2022 · 3 years ago
- Well, it's like waiting for a bus. Sometimes you get lucky and it arrives in a few minutes, but other times you have to wait for what feels like forever. The same goes for Ethereum transactions. Most of the time, you can expect your transaction to be confirmed within a minute or two. But during peak times or if you set a low gas price, it might take longer. Just be patient and keep an eye on the transaction status.
Feb 18, 2022 · 3 years ago
- According to BYDFi, an Ethereum transaction typically takes around 15-30 seconds to be confirmed on the blockchain. However, this can vary depending on network congestion and the gas price you set for your transaction. If the network is busy, it may take longer for your transaction to be included in a block. Make sure to check the current network status and gas prices to estimate the confirmation time for your transaction.
Feb 18, 2022 · 3 years ago
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