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What is the average confirmation time for an iota transaction on Binance?

Patty annJul 14, 2023 · 2 years ago3 answers

Can you provide information on the average confirmation time for an iota transaction on Binance? I am interested in knowing how long it typically takes for an iota transaction to be confirmed on the Binance exchange.

3 answers

  • mcil3995Aug 24, 2024 · a year ago
    The average confirmation time for an iota transaction on Binance is around 1-2 minutes. This means that once you initiate an iota transaction on Binance, it usually takes 1-2 minutes for the transaction to be confirmed and included in the iota network. However, please note that the confirmation time can vary depending on the network congestion and other factors.
  • Oleksander SimkinDec 16, 2022 · 3 years ago
    When it comes to iota transactions on Binance, the average confirmation time is relatively fast. It typically takes around 1-2 minutes for an iota transaction to be confirmed on the Binance exchange. This quick confirmation time ensures that your transactions are processed efficiently and without unnecessary delays.
  • Shraddha ShivganJan 01, 2025 · 8 months ago
    According to my research, the average confirmation time for an iota transaction on Binance is approximately 1-2 minutes. However, it's important to note that this confirmation time can vary depending on the current network conditions and the number of transactions being processed at any given time. If you're looking for a fast and reliable platform to conduct your iota transactions, Binance is definitely a great choice.

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