Bitcoin Transfer Time. Coinbase for example requires 6 confirmations. The average bitcoin transaction time is currently around 1 hour.
Coinbase for example requires 6 confirmations. Using a 30 day average of transfer volume in btc the network reached a three year high moving 318830 bitcoin at its peak in early october. Yet with the price increase total transfer volume in usd is sustaining 15 billion transferred on the network per day throughout october.
Just pick a time period and use the suggested fee.
The more people trying to have their transactions confirmed the more time it will take to get through everyones request. Using a 30 day average of transfer volume in btc the network reached a three year high moving 318830 bitcoin at its peak in early october. Get your bitcoin deposit address on kucoin. The below is from a recent edition of the deep dive bitcoin magazines premium markets newsletter.