Cryptocurrency Q&A How long does an ERC20 transfer take?

How long does an ERC20 transfer take?

Valentina Valentina Sat Nov 30 2024 | 6 answers 1348
I'm wondering about the duration of an ERC20 token transfer. How long does it typically take for the transaction to be completed on the Ethereum network? How long does an ERC20 transfer take?

6 answers

Chiara Chiara Mon Dec 02 2024
The platform waits for 30 confirmations before deeming a transaction as complete.

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Martino Martino Mon Dec 02 2024
Under normal circumstances, this process should take approximately 5 minutes.

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Federica Federica Mon Dec 02 2024
However, the time frame can vary depending on network conditions.

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Raffaele Raffaele Mon Dec 02 2024
CoinList has a specific requirement for considering ETH or ERC-20 transactions as final.

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SumoHonorable SumoHonorable Mon Dec 02 2024
In some instances, the confirmation process can take up to 4 hours.

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