What is the average time for pending Ethereum transactions to be confirmed?

1 answers

• Nov 23, 2021 · 3 years ago
  At BYDFi, we understand the importance of timely transaction confirmations. On the Ethereum network, the average time for pending transactions to be confirmed is approximately 5-10 minutes. However, this can vary depending on network congestion and gas fees. To ensure faster confirmation, we recommend setting a higher gas fee for your transactions. This will incentivize miners to prioritize your transaction and include it in the next block. Additionally, using a wallet or exchange with a strong network infrastructure can also help reduce confirmation times. If you have any further questions about transaction confirmations, feel free to reach out to our support team.
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