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Binance bitcoin transaction time

Binance bitcoin transaction time

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Confirmation time is defined as the time elapsed between the moment a blockchain transaction is submitted to the network and the time it is finally recorded. On average, you're looking at around 10 minutes for a BTC transaction to complete. The Lightning Network reduces this time significantly. 1. Login to your Binance account and click [More] - [Mining Pool]. 2. Select [BTC Transaction Accelerator].

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If you want to view more details about the transaction, such as the sending and receiving addresses, amounts, fees, and confirmations, copy the TxID and paste it into a Bitcoin blockchain explorer. Read more about. As more people come to use it, the network can become slow and congested, leading to delays in transaction confirmations. Sam Reynolds. Binance Earn.