Why transactions take so much time?

[inoes]

5-30 minutes I think it's only natural if it's a bitcoin transaction. If you have ever conducted an Arbit, you can feel the effect of the difference in speed between coin and exchange of transactions. for me, every exchange has almost the same transaction duration.

[kawetsriyanto]

The delay of transaction may be caused by some factor. First is about the system on the platform that offers an automatic or manual system or even how their system manage the transaction. Then, it will also depend on the Blockchain system that may be also differences on the confirmation systems. Sometimes, there needs several times authentication/confirmation on the blockchain systems.
But actually, for Changely, have you contacted their support?

[desticy]

What specific transactions are you talking about? Apparently, about stock exchanges, since you mentioned the stock exchange above. Then it is not clear whether you mean withdrawal of funds.
Take a look at cmc section with exchanges.

[perla]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

Honestly, 5-30 minutes still not long for me. When bitcoin transaction was full, people must wait until more than 1 day to get confirmed. For me, usually i after withdraw from an exchange, after it appear on blockchain network i close the site and only wait my fund to sent. Maybe that is better because if we keep look on the exchanges, maybe it will feel longer time to get transaction confirmed.

[reality18]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

Well, each transaction needs to be mined before becoming successful based on the number of blocks. If the transaction fees can be varied, switch to high fees to boost the speed. Bitrue exchange platform has one of the fastest processing of transactions yet low transaction fees.

[libert19]

Themselves have made it clear on website that transactions can take upto 30 minutes, haven't they?

30 mins is expected time for BTC transactions, if you want speed use chains with faster transaction speed, for example, eos, xlm, dgb, etc.

[ethereumhunter]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

I suggest you increase the fee to gets confirm with fast but to waiting for 5-30 minutes, I guess that will be no problem for you because that is a normal time to see the transaction get confirmed by the network. I think that the faster transaction will depend on the fee itself and the network traffic to confirm every transaction and we cannot do anything. The only way I know to get fast confirming is to increase the fee which I mention before or is there any other method to do faster transaction which I don't know.

[Jpti]

Speed of transaction depends upon exchanges. Some exchanges allow fast transaction while others do not. I do not have much trading experience on exchanges. But depending on whatever experience I have acquired so far, Bittrex allows faster transaction. Coinall also allows fast transaction.

[jerrison]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

loads of exchanges that execute transactions with speed exists within the blockchain space. it has not being spelt out which is the most reliable but a handy of them are quite reputable and commonly used and heard of within the space. Binance is actually taking the lead in such exchanges and followed by the others in no particular order. you can further google for more information and advice.

[lablab03]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

it depends actually especially if you have big amount which is normal it take's time because they need to comfirm it, try to use small amount and you'll see it.   However If you don't want to wait anymore then i suggest switch immediately .Indeed there's a lot of trustworthy site that you can withdraw your money instantly.  Try to search bro don't be lazy. Lol Peace!

[Plinteng]

if you are worried about network delays when transacting, you can solve the problem by increasing costs when shipping, usually the slow delivery is caused by many users making transactions, you can add some fees to speed up the process.

[DudeAtWork420]

if you are worried about network delays when transacting, you can solve the problem by increasing costs when shipping, usually the slow delivery is caused by many users making transactions, you can add some fees to speed up the process.

The problem here is the majority exchanges already set their withdrawal fee directly without asking the users. That means we can not change it at all and literally every exchange uses the same fee in average range to send the transaction. Even though you need to pay 0.0005 BTC~0.002 BTC fees.
unless you are sending it from your own wallet, we can not change the transaction fees and speed.

[nutriagrigia]

Now only a few coins have fast transactions, but keeping your money in them is now very dangerous. they are very very volatile now

[Polar91]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

Transaction's speed doesn't rely on exchanger but rather it relies to Blockchain's network itself. Compare to the bank transfer, cryptocurrency is still faster and more convenient to use as transferring money from bank or remitance could take upto 7 business days. On the other hand let's assume that you're still not satisfied to the coin you're using for your personal transactions, it's recommended to shift into another altcoins which has its own Blockchain such as XRP, Tron, Waves, and etc.

[jazmuzika217]

I think that is normal. All we know that every transactions takes minutes or almost an hour and that is normal. But here in Ph I experienced more than a day in my transaction when I cash out my coin during weekend. I think the reason behind this is the legalization and technology. They need to improve and innovate the technology but I think legalization will help on this issue.

[labenea]

the problem is that not only you do transactions but many other users do transactions together so the sending process is rather slow, the network is one of the main factors. actually a period of 5-30 minutes is normal and you have to wait patiently for the process, especially if you send in large quantities of course a bit slow.

[mirgo1791]

as use with different level on limit as returns on preset with initials with the account preference gives of chance on users to work on customs with tasks of transmission the results to helps as use with the manage of scheme on accounting to work on balance reposition on request as completing transaction.

[Black bro]

All transactions do take time for the confirmation process, the slowness of a transaction can be caused by many people who are dealing together so we have to wait for it, in my opinion 5-30 minutes is still normal in transactions

[Lanatsa]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

You mean instant exchange sites? Changelly is much better among the option but you can somehow try up https://shapeshift.io but this one do needs KYC
also you can opt in with https://simpleswap.io/ .Confirmation times does depend on the network traffic and it is one of the main factor why transactions had really these kind of delays and no exchange does have the control about confirmation times.If this one does really bother you then you can always try up some exchange like Binance.
Purchase the coins youd like to buy then transfer it on your own wallet.You wont see any difference for sure but does depend on the time on when you do make such transaction though but I do understand that these instant exchanger is much less hassle to make tx than on dealing with casual exchange platforms.

[[btc]YSG]

Hello! To be honest, I'm so tired of waiting for transactions. I use changelly and I have to wait for my transaction for 5-30 minutes and that's exhausting. Do you know exchanges with faster transactions?

It depends on which crypto you are buying as we all know that the confirmation time for Bitcoin is slower compared to others like Ethereum and the likes, these exchanges could be using the normal or regular fee to procees your transactions which get slower depending on the blockchain network.