♻️ DEX.fo — Auto Crypto Exchange 💚 NO KYC/AML 💚 Escrow 1 BTC

[bitmover]

I would have zero issues with swaps involving BTC taking an hour or two, we had 2 blocks in 3 hours 3 days ago

I had to wait a long time yesterday for my BTC transaction to confirm.. the first confirmation took 20+ minutes and the second another 30 minutes.. but after that, the exchange on Dex.Fo was really fast.

Maybe I was just unlucky.. it looks like the network is processing blocks normally right now.. let's wait and see what happens when the BIP-100 kicks in.. recently a Bitcoin dev recomended avoiding transactions during this period: https://x.com/jonatack/status/2071650771028918682

Unless you are in a hurry to spend the funds, long time for confirmations is not a problem at all.

Even with a  zero confirmation transaction you can rest assured that the coins will arrive at your wallet, as the exchange already sent them..

[SamReomo]

Unless you are in a hurry to spend the funds, long time for confirmations is not a problem at all.

Even with a  zero confirmation transaction you can rest assured that the coins will arrive at your wallet, as the exchange already sent them..

When it comes to genuine exchanges like Dex.fo then it makes sense to wait sometime to get the funds. Since sometimes network can be congested and that means a transaction will take some time but most probably those transactions get completed on time.

Only in few cases, transactions can take sometime, in most cases they get completed in short time. For Bitcoin transactions one has to wait at least 10-40 minutes as that's the most probable time frame to have confirmations if network isn't congested.

[bitbollo]

Unless you are in a hurry to spend the funds, long time for confirmations is not a problem at all.
...

Interesting point, it's something that must keep in mind using exchanges and third party wallet.
Just because they can accept deposit ONLY with a specific timeframe or they accept deposit with a specific change of USD/BTC.
Best option (peace of mind ) use a wallet and keep it all easy.

[stompix]

I had to wait a long time yesterday for my BTC transaction to confirm.. the first confirmation took 20+ minutes and the second another 30 minutes.. but after that, the exchange on Dex.Fo was really fast.

20 minutes for a block is unfortunately not that rare, just last month we had an average of 14 minutes distance between blocks, average for the whole day!
And as I type right now, there are 37 minutes from block 959426, this after 4 blocks were mined in just 8 minutes!  

Maybe I was just unlucky.. it looks like the network is processing blocks normally right now.. let's wait and see what happens when the BIP-100 kicks in..

I'm pretty sure you mean BIP-110 and no it won't kick anything but the bucket!
It will be a nothingburger, plus normal transactions will not be affected even if somehow magically that chain gets the most hashrate.