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How long does it take for my IOTA deposit to be confirmed on Binance?

avatarRick HoogeboomDec 27, 2021 · 3 years ago3 answers

I recently made a deposit of IOTA on Binance and I'm wondering how long it will take for the deposit to be confirmed. Can anyone provide an estimate of the confirmation time for IOTA deposits on Binance?

How long does it take for my IOTA deposit to be confirmed on Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The confirmation time for IOTA deposits on Binance can vary depending on network congestion and other factors. Generally, it takes around 10-30 minutes for the deposit to be confirmed. However, during periods of high network activity, it may take longer. It's always a good idea to check the transaction status on the Binance platform for the most up-to-date information.
  • avatarDec 27, 2021 · 3 years ago
    IOTA deposits on Binance usually get confirmed within 10-30 minutes. However, please note that this is just an estimate and the actual confirmation time may vary. Factors such as network congestion and transaction volume can affect the confirmation time. It's recommended to keep an eye on the transaction status on the Binance platform for real-time updates.
  • avatarDec 27, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, the average confirmation time for IOTA deposits on Binance is around 15 minutes. However, it's important to note that this is an average and the actual confirmation time can be shorter or longer. Factors such as network congestion and transaction fees can impact the confirmation time. To get the most accurate information, it's best to check the transaction status on the Binance platform.