Cryptocurrency Q&A
How long does an ERC-20 transfer take?
How long does an ERC-20 transfer take?
HallyuHeroLegendaryStar
Mon Dec 23 2024
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5 answers
894
I'm wondering about the duration of an ERC-20 transfer. How long does it typically take for the transaction to be completed?
5 answers
SsamziegangStroll
Tue Dec 24 2024
The number of confirmations required for different cryptocurrencies can vary significantly.
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WhisperInfinity
Tue Dec 24 2024
This process usually takes around five minutes, which is much faster than Bitcoin.
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Valentino
Tue Dec 24 2024
For instance, Bitcoin typically requires six confirmations before a transaction is considered final.
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CryptoVanguard
Tue Dec 24 2024
The length of time this takes can range from as little as five minutes to as long as four hours, depending on the current activity level of the Bitcoin network.
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DavidLee
Tue Dec 24 2024
On the other hand, Ethereum and ERC-20 tokens generally need 30 confirmations.
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