Is there a specific timeframe to receive ETH on Binance?
ArnabDec 19, 2021 · 3 years ago3 answers
I would like to know if there is a specific timeframe for receiving ETH on Binance. How long does it usually take for the ETH to be credited to my account after making a deposit?
3 answers
- Dec 19, 2021 · 3 years agoTypically, the timeframe for receiving ETH on Binance depends on various factors. Firstly, it depends on the network congestion of the Ethereum blockchain. During periods of high congestion, it may take longer for your transaction to be confirmed and for the ETH to be credited to your account. Additionally, the speed of the transaction can also be influenced by the gas fees you set for the transaction. Higher gas fees can result in faster confirmation times. On average, it usually takes a few minutes to a few hours for the ETH to be credited to your Binance account.
- Dec 19, 2021 · 3 years agoWhen it comes to receiving ETH on Binance, the timeframe can vary. It depends on the efficiency of the Ethereum network and the transaction fees you choose. If the network is congested, it may take longer for your transaction to be processed. However, if you set higher transaction fees, it can help prioritize your transaction and potentially speed up the process. In most cases, you can expect to see the ETH credited to your Binance account within a few minutes to a few hours.
- Dec 19, 2021 · 3 years agoAccording to BYDFi, a cryptocurrency exchange, the timeframe for receiving ETH on Binance can vary depending on network conditions. The Ethereum blockchain's network congestion and gas fees can impact the speed of the transaction. During periods of high congestion, it may take longer for the transaction to be confirmed and for the ETH to be credited to your account. However, on average, it usually takes a few minutes to a few hours for the ETH to be received on Binance.
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