How long does it usually take to receive Bitcoin after purchasing it on Binance?

3 answers

• Dec 18, 2021 · 3 years ago
  The time it takes to receive Bitcoin after purchasing it on Binance can vary depending on several factors. Generally, it takes around 10-30 minutes for the transaction to be confirmed and for the Bitcoin to be sent to your wallet. However, during periods of high network congestion or when there are delays in transaction processing, it may take longer. It's important to note that Binance processes transactions quickly, but the overall time can also be influenced by the speed of the Bitcoin network.
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• Dec 18, 2021 · 3 years ago
  When you purchase Bitcoin on Binance, the transaction needs to be confirmed by the Bitcoin network before the Bitcoin is sent to your wallet. This confirmation process usually takes around 10-30 minutes, but it can sometimes take longer. Once the transaction is confirmed, the Bitcoin will be sent to your wallet and you will be able to see it in your account. If you're experiencing delays, it's worth checking the status of the transaction on the blockchain explorer to see if there are any issues.
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• Dec 18, 2021 · 3 years ago
  After purchasing Bitcoin on Binance, the time it takes to receive it in your wallet can vary. On average, it takes around 10-30 minutes for the transaction to be confirmed and for the Bitcoin to be sent to your wallet. However, please note that this is just an estimate and the actual time may be longer or shorter depending on network congestion and other factors. If you have any concerns about the status of your transaction, you can always reach out to Binance support for assistance.
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