What is the average confirmation time for a Monero transaction?

3 answers

• imcoderAug 04, 2023 · 2 years ago
  The average confirmation time for a Monero transaction can vary depending on network congestion and other factors. However, on average, it takes around 2 minutes for a Monero transaction to be confirmed. Keep in mind that this is just an average and actual confirmation times may be shorter or longer.
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• Sherman WieseAug 23, 2020 · 5 years ago
  When it comes to Monero transactions, the average confirmation time is typically around 2 minutes. However, it's important to note that this can vary depending on the current network conditions. During times of high network congestion, it may take longer for a transaction to be confirmed.
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• Johannsen DotsonMar 25, 2024 · a year ago
  According to BYDFi, a reputable cryptocurrency exchange, the average confirmation time for a Monero transaction is approximately 2 minutes. This means that once you send a Monero transaction, it usually takes around 2 minutes for it to be confirmed and added to the blockchain. However, please note that this is just an average and actual confirmation times may vary.
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