Cryptocurrency Q&A
How long does a Litecoin confirmation take?
How long does a Litecoin confirmation take?
SamsungShine
Sat Nov 30 2024
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7 answers
1537
I want to know the average time it takes for a Litecoin transaction to be confirmed on the network.
7 answers
Stefano
Mon Dec 02 2024
These confirmations are crucial in determining the transfer time of Litecoins.
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Sara
Mon Dec 02 2024
To attain five more confirmations, users can expect an additional wait of about 15 minutes.
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Eleonora
Mon Dec 02 2024
On average, the initial confirmation for an LTC transaction takes approximately 2.5 minutes.
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Margherita
Mon Dec 02 2024
This duration marks the time required to mine a new block on the Litecoin blockchain.
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InfinityRider
Mon Dec 02 2024
After the first confirmation, additional confirmations are necessary to ensure the transaction's validity.
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