How long does it usually take for virtual currency to arrive when sold?
The time for virtual currency sales to arrive in your account varies depending on the transaction method and exchange, usually within the following time range: 1. Instant trading on centralized exchanges: a few seconds to minutes; 2. Over-the-counter trading (OTC): 30 minutes to a few hours; 3. Decentralized Exchange (DEX): 15 minutes to a few hours or more (depending on the block confirmation time). Influencing factors include blockchain congestion, exchange liquidity, transaction methods and network fees.
#How long does it take for the virtual currency to arrive after sale?
The arrival time of virtual currency after sale varies depending on the exchange and transaction method, usually within the following time range:
Centralized Exchange
- Instant trading: seconds to minutes
- Over-the-counter (OTC): 30 minutes to hours
Decentralized Exchange (DEX)
- DEX based on Ethereum: 15 minutes to a few hours
- DEX based on other blockchains: Depends on block confirmation time, maybe It will take longer
Influencing factors
The factors that affect the time it takes for virtual currency sales to arrive include:
- Blockchain congestion: When the network is busy, it may take longer to confirm transactions.
- Exchange Liquidity: The higher the exchange liquidity, the easier it is for virtual coins to be sold quickly.
- Trading method: Instant transactions are processed faster than OTC transactions.
- Network Fees: When network fees are higher, transactions may take longer to confirm.
Note:
- The above time range is only an estimate, and the actual arrival time may vary depending on specific circumstances.
- Be sure to carefully check the terms and conditions of the exchange before selling virtual coins.
- Make sure to use a secure platform and wallet when selling virtual coins.
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