Cryptocurrency Q&A How long does ERC-20 transfer take?

How long does ERC-20 transfer take?

SamsungSpark SamsungSpark Wed Feb 05 2025 | 5 answers 798
I'm wondering about the duration of ERC-20 token transfers. How long does it usually take for an ERC-20 transfer to complete on the Ethereum network? How long does ERC-20 transfer take?

5 answers

DigitalDynastyQueen DigitalDynastyQueen Fri Feb 07 2025
CoinList requires 30 confirmations to deem an ETH or ERC-20 transaction as completed.

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Sara Sara Fri Feb 07 2025
The process of obtaining these confirmations generally takes approximately five minutes.

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CryptoVisionaryGuard CryptoVisionaryGuard Fri Feb 07 2025
However, the time frame can vary significantly, ranging from five minutes to four hours.

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BlockchainVisionary BlockchainVisionary Fri Feb 07 2025
Network congestion plays a crucial role in determining the transaction speed.

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SumoPowerful SumoPowerful Thu Feb 06 2025
During times of heavy network usage, the wait for confirmations may extend beyond the usual duration.

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