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How long does it usually take for Bitcoin Cash transactions to be confirmed on Binance?

avatarAnthony CHIKEZIE COMRADEDec 17, 2021 · 3 years ago3 answers

Can you tell me the average time it takes for Bitcoin Cash transactions to be confirmed on Binance?

How long does it usually take for Bitcoin Cash transactions to be confirmed on Binance?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    On average, it takes around 10-20 minutes for Bitcoin Cash transactions to be confirmed on Binance. However, the actual time can vary depending on network congestion and the transaction fee you set. Higher transaction fees can prioritize your transaction and result in faster confirmation times. It's always a good idea to check the current network conditions and adjust your fee accordingly.
  • avatarDec 17, 2021 · 3 years ago
    Usually, Bitcoin Cash transactions on Binance are confirmed within 10-30 minutes. However, during times of high network activity, it may take longer for transactions to be confirmed. It's important to note that Binance does not control the confirmation time, as it is determined by the Bitcoin Cash network itself.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, the average confirmation time for Bitcoin Cash transactions on Binance is approximately 15 minutes. However, it's important to keep in mind that this is just an average and individual transaction times may vary. Factors such as network congestion and transaction fees can affect the confirmation time. It's always recommended to monitor the network status and adjust your fee accordingly for faster confirmation.