I would like to know the average time it takes for a
Litecoin (LTC) transaction to be completed. I'm interested in understanding the duration from the point when the transaction is initiated to the point when it is confirmed on the network.
7 answers
ThunderBreezeHarmony
Mon Dec 02 2024
Litecoin requires approximately 2 minutes to validate transactions.
Martino
Mon Dec 02 2024
If a user wishes to withdraw their funds, they must wait for an additional block confirmation.
KDramaLegendaryStar
Mon Dec 02 2024
This ensures the security and integrity of the Litecoin network.
Andrea
Mon Dec 02 2024
When a user transfers money from one address to another, the Litecoin network swiftly confirms the transaction.
Elena
Mon Dec 02 2024
Once confirmed, the transaction becomes permanent and cannot be reversed.