What is the minimum transaction time?

[Newbiemon]

I'm just curious on how long the transactions are done? 

[CEG5952]

I'm just curious on how long the transactions are done? 

Transactions themselves are more or less instant. Confirmations, however, take ~10 minutes on average, and sometimes a single confirmation can take hours (rarely).

[zimmah]

It depends, a transaction itself is normally instantly sent (which means the nodes on the network recognize it as a transaction and spread the word)

But some services require X number if confirmations (between 1 and 6 normally), while a single confirmation takes about 10 minutes on average (it could be much less or much more)

[TrailingComet]

If you choose not to add tx fees to incent miners to include your transaction in a block, confirmation can take a very long time

[FizWeb]

It takes 10 minutes on average, but sometimes it takes 5 minutes only.

I'm comfortable with it.

[BunsenBurner]

You can find the average tx confrimation time on blockchain.info (https://blockchain.info/charts/avg-confirmation-time).
As shown in the graph, it is about 6 to 9 minutes generally speaking.

[DrG]

The average is supposed to be 10 minuted.  If the network is growing rapidly or has positive luck then blocks will be found quicker (as is the case for the last 1.5 years).  Difficulty adjust every 2016 blocks to make it so blocks are found closer to 10 min apart.

[BunsenBurner]

The average is supposed to be 10 minuted.  If the network is growing rapidly or has positive luck then blocks will be found quicker (as is the case for the last 1.5 years).  Difficulty adjust every 2016 blocks to make it so blocks are found closer to 10 min apart.

That is the average time between each block.
But you won't expect to create transaction everytime right after a block is found, right?

[cHoCo]

hmm as everyone said that the block average time is 10 minutes maybe i have the lucky addy or lucky wallet its very fast :d when i send a transaction it confirms less then two minutes my first long transaction confirmation time was  2 hours bet on luckyb.it

[DrG]

The average is supposed to be 10 minuted.  If the network is growing rapidly or has positive luck then blocks will be found quicker (as is the case for the last 1.5 years).  Difficulty adjust every 2016 blocks to make it so blocks are found closer to 10 min apart.

That is the average time between each block.
But you won't expect to create transaction everytime right after a block is found, right?

Considering the number of transactions going through the network there would be about 2.37s on average between when a new block is found and the next transaction is relayed.  This varies quite a bit though based on Bitcoin price and external events.