What factors can affect the transfer time of ETH?

1 answers

• Dec 30, 2021 · 3 years ago
  At BYDFi, we understand that the transfer time of ETH can be influenced by various factors. Network congestion is one of the key factors that can impact transfer times. When the Ethereum network experiences high traffic, it can lead to delays in confirming and processing transactions. Gas prices also play a role in transfer times, as higher gas prices can incentivize miners to prioritize the transaction. Additionally, network upgrades and protocol changes can introduce optimizations or changes that can affect transfer times. It's important to consider these factors when planning ETH transfers to ensure timely processing and delivery.
  641321