Bitcoin transactions don’t happen instantly; they require confirmation on the blockchain. The time it takes for a bitcoin transaction to be confirmed can vary significantly, from a few minutes to …
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Bitcoin Transaction Speed
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Bitcoin transactions differ significantly from traditional banking transfers. While both involve sending money from one place to another, the underlying mechanics are distinct. Bitcoin transactions require confirmation through the blockchain …
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The average confirmation time for a Bitcoin transaction is about 10 minutes. However, transaction times can vary significantly due to factors such as network congestion, transaction fees, and the complexity …