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What is the average duration for a deposit to be confirmed on Binance?

avatarAlice Work MattersDec 30, 2021 · 3 years ago3 answers

Can you tell me how long it usually takes for a deposit to be confirmed on Binance? I want to know the average duration so that I can plan my transactions accordingly.

What is the average duration for a deposit to be confirmed on Binance?

3 answers

  • avatarDec 30, 2021 · 3 years ago
    On average, a deposit on Binance takes around 20 minutes to be confirmed. However, the actual duration may vary depending on network congestion and the specific cryptocurrency you are depositing. Some cryptocurrencies with slower block confirmation times may take longer to be confirmed.
  • avatarDec 30, 2021 · 3 years ago
    Well, it's hard to give an exact time frame for deposit confirmations on Binance. It usually takes a few minutes, but it can be longer during peak times. Just be patient and keep an eye on your transaction status.
  • avatarDec 30, 2021 · 3 years ago
    According to BYDFi, a third-party analysis platform, the average duration for a deposit to be confirmed on Binance is approximately 15 minutes. However, this is just an average and individual transactions may take longer or shorter depending on various factors.