Cryptocurrency Q&A How long do TRC20 transactions take?

How long do TRC20 transactions take?

Sara Sara Sun Jan 26 2025 | 5 answers 1065
I'm wondering how long it typically takes to complete a TRC20 transaction. I'm curious about the average time it takes from initiation to confirmation on the blockchain for this type of transaction. How long do TRC20 transactions take?

5 answers

ShadowFox ShadowFox Tue Jan 28 2025
When using the TRC20 standard on the TRON network, the transfer of USDT is remarkably faster, with transactions taking less than a minute to process.

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GwanghwamunGuardianAngelWings GwanghwamunGuardianAngelWings Tue Jan 28 2025
The duration for sending USDT varies depending on the blockchain network being utilized.

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CryptoLord CryptoLord Tue Jan 28 2025
For transfers using the ERC20 standard on the Ethereum network, it typically takes around 5 to 10 minutes for the transaction to be completed. However, during periods of high network traffic, this time may extend to approximately 30 minutes.

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NebulaChaser NebulaChaser Mon Jan 27 2025
Another efficient option is the POLYGON network, which also allows for USDT transfers in under a minute.

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Federico Federico Mon Jan 27 2025
The BEP20 standard on the Binance Smart Chain offers a quick alternative, with transactions generally taking between 1 to 2 minutes to finalize.

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