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Author Topic: How long do transactions usually take?  (Read 425 times)
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February 23, 2018, 08:55:22 AM
 #41

Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
Two days ago I was sending the ETH. The moment the transaction was created coincided with the beginning of the ICO. In the end, I waited about two hours watching how the gas price first rose to 100 (from 10) then slowly fell.

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February 23, 2018, 09:01:07 AM
 #42

Depends on the currency and the amount of commission that you are willing to spend on the transfer. Bitcoin takes the longest time
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February 23, 2018, 09:03:22 AM
 #43

Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
It's depends on what crypto coin did you send, if bitcoin it takes a  30 minutes or 2 days. In crypto currency transactions there are a difference from fee and which coin.
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February 23, 2018, 09:12:20 AM
 #44

If a coin network is overloaded then almost any coin is sent for a very long time. My longest bitcoin transaction lasted about three days. After this incident I started using ETH or other fast coins. In order to send a large amount with a small commission quickly I use DOGE and XLM. It usualy takes 1-5 minutes.

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February 23, 2018, 09:19:19 AM
 #45

Samy old and slow bitcoin can carry out the transaction a few days. Especially if you paid a little commission
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February 23, 2018, 09:25:18 AM
 #46

I think it depends on what coins that you make that transaction. some of the coin doesn't have to wait too long and it could finish in any second. but some of the other coin takes a longer time. I remember that when I want to send my sia coin to my another wallet, it needs too long to see it arrives in my other wallet. but I don't take this as serious things because I am sure that finally, the coin will be arriving in my other wallet.

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February 23, 2018, 09:28:34 AM
 #47

Generally speaking, depending on the transfer speed of the token you use and whether the block network is congested, I use the erc20 token transfer, which usually takes 5-6 minutes.

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February 23, 2018, 09:30:41 AM
 #48

each coin must be checked separately for the time of the transaction. Because for BTC it takes up to several weeks even, for Eth up to several hours happens
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February 23, 2018, 09:31:42 AM
 #49

Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

How long to wait?  Of course as soon as possible. Time is must in the world of crypto but some times it takes too long to recieve or to send coins because of its either network traffic or turtle like network of coins blockchain. and it depends on how much transaction fees you want to implement for your single transaction.
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February 23, 2018, 09:34:53 AM
 #50


Differently! Everything depends on the platform and the network load. On the plateau of the etherium, everything can be instantaneous, and can take a couple of days. The longest transaction lasted for me 2-3 days.

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February 23, 2018, 09:38:25 AM
 #51

Not just the platform, but the tx fees as well. For example, if you're using ethereum, it is always a good idea to check the network activity level and suggested "gas" fee on ethgasstation before sending a tx from your wallet. Sending from an exchange is a different matter, as they have their own process and have control over what fee is used. So you'll just have to be patient.
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February 23, 2018, 09:42:46 AM
 #52

All transactions also depend very much from network overload. In normal network conditions and adequate fees transactions done very fast. For Ethereum there is a very useful website - https://ethgasstation.info, where you can check how many GWEi you need to use.
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February 23, 2018, 09:44:59 AM
 #53

For BTC it usually takes several days if you are sending large quantities at slow speeds. In Ethereum it is usually faster than bitcoin because in my experience sending ERC20 tokens from my account to my trading account went only for several minutes in an average speed. The speed always depends on how large the data is and how much you will be willing to pay for your transaction to be completed.
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February 23, 2018, 09:47:23 AM
 #54

For BTC it takes long time.
For ETH not that much
For Ripple is fast 10 minutes.

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February 23, 2018, 09:56:35 AM
 #55

Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?
For bitcoin generally takes a few hours for transactions, but for altcoin like ethereum, doge, wave it takes a few minutes, if token using smartcontract or wallet erc20 i think 2-5 minutes. I start suspicious when the transaction does not get in the wallet after 1 day, but it also depends on the provider of wallet or exchangers.

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February 23, 2018, 10:07:35 AM
 #56

Depends on the currency. The longest transaction was in BTC, it took about two days, just because of the low fee. If you will take ETH, BCH, XRP, XRB it will be much faster.
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February 23, 2018, 10:07:48 AM
 #57

For me, I think it may depend on what type of ecosystem do you have to transact whether it's Bitcoin, Ethereum, etc. When Bitcoin and Ethereum are experiencing network congestion, it is expected that you need to raise your transaction fee in Bitcoin, or Gwei in My Ether Wallet for it to be credited faster.

A couple of days ago, before transferring my tokens to the exchange, I checked the Eth Gas Station and the recommended Gwei for a faster transaction is more than 70. Since I want a faster transaction, I have no choice but to take it.

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February 23, 2018, 10:20:37 AM
 #58

Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

It depends on currency. For BTC it takes up to several days or even weeks, for ETH - up to several hours, for DGB it could be 1 min. So you need to check every coin separately for transaction time

Yes its true. But i dont agree that etherium transaction takes several hours.
As i know and i send etherium for many time, if i put default gas price and it only takes around maximum 5 minutes.

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February 23, 2018, 10:31:23 AM
 #59

Give or take, how long do you wait to receive your coins? At what point do you start to become suspicious?

I bitcoin usualy i transact this days around 1 or most longer is 2 hours after that i was already suspected that my coin or token was stolen or hack.



                                                                                                                                             
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Socioman
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The revolutionary trading ecosystem


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February 23, 2018, 10:36:44 AM
 #60

All coins have different transaction rates. I advise you just not to send your money in heavy coins, such as the etherium or bitcoin. Fast coins are suitable for this purpose, for example, lightcoin or dogecoin. In general, whatever panic, check at what stage the transaction is, how many confirmations there are, how many remain ...

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