Cryptocurrency Q&A How long does it take to transfer bitcoins between wallets?

How long does it take to transfer bitcoins between wallets?

Tommaso Tommaso Wed Dec 18 2024 | 6 answers 1939
I want to know how much time it takes to move bitcoins from one wallet to another. I'm curious about the duration of the transfer process for bitcoins between different wallets. How long does it take to transfer bitcoins between wallets?

6 answers

RobertJohnson RobertJohnson Fri Dec 20 2024
This duration is influenced by the current congestion on the Bitcoin network and the fee paid for the transaction.

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TaekwondoMasterStrength TaekwondoMasterStrength Fri Dec 20 2024
The Bitcoin network has a limited capacity, processing about five transactions per second (TPS).

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DigitalLegendGuard DigitalLegendGuard Fri Dec 20 2024
As a result, transactions are logged in the blockchain approximately every 10 minutes.

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Chiara Chiara Fri Dec 20 2024
The time required to transfer Bitcoin between wallets can vary depending on several factors.

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SakuraSmile SakuraSmile Fri Dec 20 2024
Generally speaking, it can take an average of 60 minutes to send Bitcoin from one wallet address to another.

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