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How long does it take to transfer money to Monero wallet?

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2024-05-08 15:13:07445browse

Monero transfer speed is affected by network congestion, transfer size, wallet type and fees. Typically, normal transfers take 10-30 minutes to confirm, peak congestion periods may take 1-2 hours or more, and large transfers may take hours or days. The degree of transfer security is directly proportional to the number of confirmed blocks.

How long does it take to transfer money to Monero wallet?

#How long does it take to transfer money from Monero wallet?

Monero transfer speed depends on multiple factors, including:

1. Network congestion:

  • Network When congestion is high, transfer speeds will slow down.

2. Transfer size:

  • Large transfers require more confirmations and therefore take longer.

3. Wallet type of sender and receiver:

  • The confirmation time of hardware wallet and software wallet may be different.

4. Fee for sending transfers:

  • Higher fees can speed up transfers.

Generally speaking, Monero transfers require:

Normal conditions: Usually confirmed within 10-30 minutes.

Peak congestion period: May take 1-2 hours or more.

Large transfers: May take hours or days depending on network congestion.

Note:

  • Transfer times may vary depending on the above factors.
  • The more blocks confirmed, the safer the transfer.

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