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Bitcoin Cash transaction confirmation times typically range from 10 minutes to several hours, depending on network congestion and transaction fees. The Bitcoin Cash network is designed to process transactions faster than Bitcoin, with a target block time of 10 minutes.
When you send Bitcoin Cash, the transaction first enters the mempool where it waits to be included in a block. Miners prioritize transactions with higher fees, so if you want faster confirmation, you should consider increasing your transaction fee.
For most standard transactions, Bitcoin Cash confirmations usually occur within 10-20 minutes under normal network conditions. However, during periods of high network activity, confirmation times may extend to 30-60 minutes or longer.
The Bitcoin Cash product offers several advantages for transaction speed compared to traditional Bitcoin, including larger block sizes that allow more transactions to be processed per block. This makes Bitcoin Cash particularly suitable for everyday transactions and merchant payments where faster confirmation times are essential. |
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