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.
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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GwanghwamunGuardianAngelWingsTue Jan 28 2025
The duration for sending USDT varies depending on the blockchain network being utilized.
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CryptoLordTue 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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NebulaChaserMon Jan 27 2025
Another efficient option is the POLYGON network, which also allows for USDT transfers in under a minute.
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FedericoMon 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.