How long does it take for a low priority queue transaction in the cryptocurrency market to be confirmed?

5 answers

• Bird KesslerMay 24, 2024 · a year ago
  The average confirmation time for low priority queue transactions in the cryptocurrency market can vary depending on several factors. Generally, it can take anywhere from a few minutes to a few hours for these transactions to be confirmed. This delay is mainly due to the low priority assigned to these transactions, as they are not considered urgent or high-value. However, it's important to note that the confirmation time can also be influenced by network congestion and the transaction fee paid. If the network is congested, it may take longer for the transaction to be included in a block and confirmed.
  608

  304
• Mayo FengerSep 08, 2021 · 4 years ago
  Low priority queue transactions in the cryptocurrency market are usually processed after higher priority transactions. As a result, the confirmation time for these transactions can be longer compared to those with higher priority. On average, it may take around 10-30 minutes for a low priority queue transaction to be confirmed. However, please keep in mind that this is just an estimate and the actual confirmation time can vary depending on network conditions and other factors.
  481

  161
• Rico MaldonadoFeb 09, 2021 · 4 years ago
  When it comes to low priority queue transactions in the cryptocurrency market, the confirmation time can be a bit unpredictable. It's important to understand that low priority transactions are not given immediate attention by the network, which means they might take longer to be confirmed. In some cases, it can take up to a few hours for a low priority transaction to be included in a block and confirmed. However, if you're using a platform like BYDFi, they prioritize transaction processing and aim to provide faster confirmation times for their users. So, if you're looking for quicker confirmation, you might consider using a platform like BYDFi for your low priority transactions.
  687

  172
• Abslute Zer UndrtkrDec 01, 2024 · 8 months ago
  The confirmation time for low priority queue transactions in the cryptocurrency market can vary depending on the network conditions and the specific cryptocurrency being used. On average, it can take anywhere from 10 minutes to a few hours for a low priority transaction to be confirmed. However, it's important to note that this is just an estimate and the actual confirmation time can be longer or shorter. If you're experiencing a longer confirmation time for your low priority transaction, it could be due to network congestion or a low transaction fee. In such cases, you may consider increasing the transaction fee to prioritize your transaction and expedite the confirmation process.
  690

  138
• aKunJun 26, 2022 · 3 years ago
  Low priority queue transactions in the cryptocurrency market are typically processed after higher priority transactions. As a result, the confirmation time for these transactions can be longer compared to high priority ones. On average, it may take around 15-45 minutes for a low priority queue transaction to be confirmed. However, please keep in mind that this is just an estimate and the actual confirmation time can vary depending on network congestion and other factors. If you're in a hurry and need faster confirmation, you might want to consider using a higher priority option or a different exchange that offers faster transaction processing for low priority transactions.
  681

  114