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How long does bitcoin cash take to confirm

How long does bitcoin cash take to confirm

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Cash App Bitcoin Warning - Watch Before Buying Bitcoin on Cash App
However, on average, BCH transactions typically take approximately 10 to 20 minutes to receive the first confirmation. Bitcoin Cash has a block. However, sometimes when the network is heavily used, it can take Bitcoin miners 30 or even 60 minutes to mine a single block (1 confirmation). As explained. Bitcoin Cash: 30; BAT: 50; DOT: Not specified with confirmations, instead For security purposes we require a minimum number of confirmations as part of our.

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Laws on bitcoin

Investment scams are also becoming more prevalent in the crypto community. If and when there are issues, you can easily contact support. This naturally makes people much more familiar with how to operate them. The average time for one Bitcoin confirmation has recently ranged anywhere from 30 minutes to over 16 hours in extreme cases. Therefore, if you pay a higher fee, a miner is more likely to process your transfer which decreases the transaction time.