Cryptocurrency Q&A How long are Litecoin transfers?

How long are Litecoin transfers?

isabella_doe_socialworker isabella_doe_socialworker Sun Dec 01 2024 | 6 answers 2023
I want to know the duration of Litecoin transfers. How long does it typically take for a Litecoin transaction to be completed? How long are Litecoin transfers?

6 answers

CharmedSun CharmedSun Tue Dec 03 2024
This number of confirmations is considered sufficient to verify the authenticity of a transaction.

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CryptoMystic CryptoMystic Tue Dec 03 2024
Litecoin has a block time of 2.5 minutes.

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CoinMasterMind CoinMasterMind Tue Dec 03 2024
Ensuring the security of Litecoin transactions is crucial for users.

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lucas_jackson_pilot lucas_jackson_pilot Tue Dec 03 2024
Based on this block time, waiting for six confirmations would result in an average transaction time.

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Dario Dario Tue Dec 03 2024
Specifically, the average transaction time would be approximately 15 minutes.

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