Cryptocurrency Transaction Speed, How Fast is Bitcoin?

[Armcannon 858]

On my opinion transaction using bitcoin is very slow.if you want to speed up your transaction you have to pay additional fee.i guess the fastest coins for transaction based on my experience is XRP. 

[Laboni 755]

In my opinion, the speed of cryptocurrency transactions, Bitcoin is much faster. It completes the transaction very quickly in terms of transactions and investments. Making money is much easier.

[palalu 512]

I think the speed of bitcoin transactions is relatively slow and there are still many coins that are faster than bitcoin. according to https://coinsutra.com/transaction-speeds/ bitcoin ranks 9th in terms of speed.

[Akbor 1042]

21 minutes ago, Laboni said:

In my opinion, the speed of cryptocurrency transactions, Bitcoin is much faster. It completes the transaction very quickly in terms of transactions and investments. Making money is much easier.

I also think the transaction of btc is very much faster than others though xrp is good for transferring from one to another but btc is the most faster.

[Aereen 456]

I personally think that bitcoin is not as fast as the other cryptocurrency there is in the market and for the wallet that I am using, it would tend to cost more if you want your bitcoin to be sent fast, comparing to ripple, with low transaction fees it is pretty good and fast.

[pkrs 603]

I don't think bitcoin transactions are faster. It takes a minimum of 30 min to recive or send money to any other wallet has the blockchain server network of sending bitcoin is slow compared to litecoin and dogecoin in which if you make transactions you will receive instantly.

[Harris123 281]

Usually crypto transaction speed is very fast as compared to transaction if the banks.I prefer crypto over Banks.

[Dmasked 1840]

In case of transaction speed bitcoin is considered slow. Transactions have ti go through several confirmation before proceeding and when there are a alot of transaction to process the speed becomes very slow.

[ETheHedgehog 3104]

Bitcoin transactions are generally very fast because they are decentralised and are peer to peer meaning you send directly to the address and not to a bank and then to the address

Edited January 27, 2020 by ETheHedgehog

[Akasshh 234]

Cryptocurrency with fastest transaction speed are 

Visa:24,000

Ripple:(ccc:xrp-usd):1500

Paypal:193

Bitcoincash(ccc:Bch-usd):60

Litecoin(ccc:Ltc-usd):56,

Bitcoin transaction processing capacity maximum estimated using an average or median transaction size is between 3.3 and 7 transaction per second.

Edited January 27, 2020 by Akasshh

[Oxygen 1004]

8 hours ago, aneukkameung said:

In the world of cryptocurrency, there are several criteria for a coin that is categorized as successfully used by the public, namely speed, price, supply and demand (supply and demand).

The faster a coin, the more transactions can be done. In this article I will explain how quickly transactions are needed by famous cryptocurrency.

Bitcoin now have the worst speed ever from any other coin i think. Whenever i have done a bitcoin transaction i got almost minimum in half an hour to complete a transaction. it is because of network load also. 

[Mehnil125 431]

Crypto currency site is the best for earning money and also to be added that crypto currency is fast and also by it bitcoin is. 

[RogueBartik 24]

Waves very fast transaction speed, I like I'd 

[Roomi 1119]

9 hours ago, aneukkameung said:

In the world of cryptocurrency, there are several criteria for a coin that is categorized as successfully used by the public, namely speed, price, supply and demand (supply and demand).

The faster a coin, the more transactions can be done. In this article I will explain how quickly transactions are needed by famous cryptocurrency.

As world is changing and growing fast everything is needed fast. But there is also a fact that patience is also decreased from us. We want everything ultra fast and in some cases there is really a need of ultra fast transaction. 

[tienda 8776]

Yes this is the advantage of Bitcoin in the market vs fiat money the transaction with Bitcoin is very very fastest than any other transaction of fiat money, but there are some coin fastest than Bitcoin transaction for example Ripple XRP.

[Maxtron73 3269]

Ok bitcoin is the most popular coin, but in terms of scalability bitcoin lags for example compared tk XRP that can process up to 50000 transactions per secon , when bitcoin can handle only 7. With lightning network it's scalability should improve.

[Migo 7946]

Sometimes the transactions are not fast, I think this is depending on the network too, it is true that bitcoin is the most valuable coin now but also he has some disadvantages like every other coin, and if you paid a lot money as fees, then you will receive your payments quickly 

[TasinHasan 421]

bitcoin transactions is not so much fast.

sometimes bitcoin send success in 5-10 minute and sometimes 1 hour also.

its blocks are slow bro

[Dolpharius 675]

15 hours ago, aneukkameung said:

In the world of cryptocurrency, there are several criteria for a coin that is categorized as successfully used by the public, namely speed, price, supply and demand (supply and demand).

The faster a coin, the more transactions can be done. In this article I will explain how quickly transactions are needed by famous cryptocurrency.

I remember a couple of years ago, the transactions took a very long time, I waited a day once, this igoda depends on the load on the network, and if the enemies do not make a DDoS attack.

[aymenkami46 1]

In crypto currency, Bitcoin is the most popular and the most expensive crypto currency. In addition, the speed is definitely faster than other crypto currencies.

 

 

[Epic 289]

Bitcoins transaction speed is about 10 minutes, it is one of the slowest coin when it comes to transaction speed, as for supply its supply is very limited and its almost reached its limit, the good thing about bitcoin is that over time it became a store of value.

[Mcd0d0 5882]

it's useful to people that cryptocurrency is fast on transaction that speed more useful in terms to the transactions such as online no hassle for everything because of using this bitcoin.

[Huyet 0]

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[Ummita 303]

Bitcoins is fast in terms of transactions Which depends on how much you want to transact and also in trading you can easily trade your bitcoins within some limit time. Is the widest use coins I know about. 

[el-Muhammady 718]

14 hours ago, Zoya khan said:

Bitcoin is playing a very important roles in cryptocurrenies transaction because if can be traded very fast and money,,,

 I convert Bitcoin into an alternative cryptocurrency for ease of dealing and little fees as bitcoin fees are very high.