Cryptocurrency Q&A
How long does ERC transaction take?
How long does ERC transaction take?
KpopStarletShineBrightnessStarlight
Thu Feb 06 2025
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7
answers
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I'm wondering how long it typically takes for an Ethereum Request for Comments (ERC) transaction to be processed and completed on the Ethereum blockchain network.
7 answers
SolitudeSeeker
Sat Feb 08 2025
Ethereum and ERC-20 tokens undergo a verification process that mandates 30 confirmations.
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noah_wright_author
Sat Feb 08 2025
This confirmation requirement typically takes around five minutes to complete under normal circumstances.
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Sara
Sat Feb 08 2025
The time frame for these confirmations is dependent on the current state of the Ethereum network.
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PearlWhisper
Fri Feb 07 2025
When the Ethereum network encounters congestion, the time needed for 30 confirmations can increase.
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KDramaLegendary
Fri Feb 07 2025
During times of temporary network congestion, the waiting period for confirmations may extend up to four hours.
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