BYDFi
Trade wherever you are!
Buy Crypto
New
Markets
Trade
Derivatives
common-fire-img
BOT
Events

What is the average confirmation time for Litecoin (LTC) transactions?

Mohamed RafsiOct 16, 2021 · 4 years ago3 answers

Can you provide information on the average confirmation time for Litecoin (LTC) transactions? I'm curious about how long it typically takes for a Litecoin transaction to be confirmed.

3 answers

  • Carl FielderJul 30, 2023 · 2 years ago
    The average confirmation time for Litecoin (LTC) transactions is around 2.5 minutes. This means that, on average, it takes approximately 2.5 minutes for a Litecoin transaction to be confirmed and added to the blockchain. However, it's important to note that the actual confirmation time can vary depending on network congestion and other factors.
  • Mazhar Iqbal ButtJul 14, 2020 · 5 years ago
    Litecoin (LTC) transactions are known for their fast confirmation times. On average, it takes just a couple of minutes for a Litecoin transaction to be confirmed. This makes Litecoin a popular choice for those who value speed and efficiency in their cryptocurrency transactions.
  • Kavaskar BNov 14, 2020 · 5 years ago
    According to BYDFi, a leading cryptocurrency exchange, the average confirmation time for Litecoin (LTC) transactions is approximately 2.5 minutes. This means that, on average, it takes around 2.5 minutes for a Litecoin transaction to be confirmed and added to the blockchain. However, please note that the actual confirmation time can vary depending on network conditions and other factors.

Top Picks