How Long Should My Bitcoin Transaction Take?

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Only once the transaction has three confirmations, will you be able to send your Bitcoin to somebody else or sell it. These confirmations usually happen faster than on the Bitcoin network. Transactions must be confirmed on the Bitcoin or Ethereum blockchain before they are considered valid. Confirmation times depend on the transaction fee how long does it take to confirm bitcoin transactions by the sender.

If the fee is high enough, Bitcoin transactions can obtain three confirmations in as little as 30 minutes. If the fee is low, it may take days for a transaction to be confirmed. If your incoming Bitcoin or Ethereum receive transaction is not being confirmed, we can only recommend being patient or approaching the sender and asking them to redo the transaction with a higher fee.

What does it cost to use Luno? Does Luno charge any fees? How do I receive Bitcoin or Ethereum? Contact us for more help. Buy, store and learn about Bitcoin and Ethereum now. We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more by visiting our privacy policy. By continuing to use the site, how long does it take to confirm bitcoin transactions are agreeing to our use of cookies.

BitX is now Luno. Price charts Bitcoin Price Ethereum Price. How long does it take to receive Bitcoin or Ethereum? Security The basics Identity verification Deposits and withdrawals Community Home Using digital currency Receiving digital currency How long does it take to receive Bitcoin or Ethereum? How long do confirmations take? Related articles What does it cost to use Luno? Was this article helpful?

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