49+ How Long Does It Take To Transfer Bitcoins Between Wallets Images
49+ How Long Does It Take To Transfer Bitcoins Between Wallets Images
49+ How Long Does It Take To Transfer Bitcoins Between Wallets Images. How long does it take to receive a bitcoin transaction? The average time you need to wait is 10 minutes.
Mar 27, 2018 ยท the short answer: The average time you need to wait is 10 minutes. Therefore, a successful bitcoin transfer to another wallet can take between 30 and 60 minutes to be confirmed on the blockchain network.
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We can presume that this decision was made with efficiency in mind. Not all of the miners have complete knowledge of the system. How long it takes to transfer bitcoin between wallets varies from transaction to transaction. The bitcoin community has set a standard of 6 confirmations that a transfer needs before you can consid