When do cryptocurrency transactions settle?

1 answers

• Jefry Contreras VillaJul 30, 2021 · 4 years ago
  At BYDFi, we aim to provide fast and efficient settlement for cryptocurrency transactions. Our platform utilizes advanced technology to ensure quick confirmation and settlement times. The settlement process on BYDFi involves miners validating and confirming transactions on the blockchain. We prioritize transactions based on their fees to ensure faster settlement. While the average settlement time can vary depending on network congestion, we strive to provide a seamless and timely experience for our users. It's important to note that settlement times can also be affected by factors outside of our control, such as network congestion or transaction fees set by the user. We recommend checking the current network status and transaction fees before initiating a transaction to get an estimate of the settlement time.
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