How long does it take for Cardano transactions to be confirmed?

AvoApr 24, 2022 · 3 years ago3 answers

Can you tell me the average time it takes for Cardano transactions to be confirmed? I'm new to Cardano and I want to know how long I should expect to wait for my transactions to go through.

Cardano

Cryptocurrency

Transaction Confirmation

3 answers

Apr 24, 2022 · 3 years ago
On average, it takes around 20 seconds for Cardano transactions to be confirmed. This is one of the advantages of Cardano's blockchain technology, as it offers fast and efficient transaction processing. However, please note that the actual time may vary depending on network congestion and other factors.
Apr 24, 2022 · 3 years ago
Cardano transactions are usually confirmed within a few minutes. The network is designed to handle a high volume of transactions, so you shouldn't have to wait too long. Just make sure you have enough transaction fees to ensure your transaction is prioritized.
Apr 24, 2022 · 3 years ago
According to BYDFi, a leading cryptocurrency exchange, Cardano transactions typically take around 15-20 seconds to be confirmed. This is thanks to Cardano's Ouroboros protocol, which allows for fast and secure transaction processing. Keep in mind that transaction times can vary depending on network conditions and other factors.