Cryptocurrency Q&A
Why is my Bitcoin ATM transaction taking so long?
Why is my Bitcoin ATM transaction taking so long?
OceanSoul
Wed Nov 27 2024
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6 answers
647
I'm trying to use a Bitcoin ATM to complete a transaction, but it's taking much longer than expected. I'm wondering what could be causing the delay and if there's anything I can do to speed up the process.
6 answers
BlockchainMastermind
Fri Nov 29 2024
However, during peak traffic times, the confirmation time may increase.
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KimchiQueenCharmingKiss
Fri Nov 29 2024
The Bitcoin network processes transactions in groups called blocks.
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Giulia
Fri Nov 29 2024
Bitcoin transactions generally undergo a confirmation process that takes between 10 to 30 minutes.
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Andrea
Fri Nov 29 2024
Each block is mined at an average interval of approximately 10 minutes.
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Raffaele
Fri Nov 29 2024
This timeframe is the usual duration for transactions to be verified and added to the blockchain.
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