Cryptocurrency Q&A
How fast is ERC20 transfer?
How fast is ERC20 transfer?
noah_harrison_philosopher
Sun Jan 05 2025
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7 answers
1666
I want to know how quickly ERC20 tokens can be transferred. I'm curious about the speed of ERC20 transactions and would like to understand how fast these transfers typically are.
7 answers
SophieJones
Tue Jan 07 2025
This longer duration is more likely to occur during times of high network congestion.
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CryptoMagician
Tue Jan 07 2025
The platform waits for 30 confirmations before considering such a transaction as final.
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Giuseppe
Tue Jan 07 2025
Normally, the process of obtaining 30 confirmations takes approximately 5 minutes.
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CryptoLegend
Tue Jan 07 2025
However, there can be variations in the time required for this confirmation.
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EmilyJohnson
Tue Jan 07 2025
CoinList operates with a strict policy regarding the confirmation of ETH and ERC-20 transactions.
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