The transfer time for cryptocurrencies depends on the specific currency and network. Here’s an overview:
Deposit
Bitcoin
Liquid Network (Faster and Cheaper)
Transfers take approximately 1 minute.
Native Chain (Trustless but Slow)
On-chain Bitcoin transfers typically take about 10 minutes for the first confirmation. For trustless deposits into the Liquid network, 100 confirmations are required, which can take roughly 24 hours. Transfers with fewer confirmations (at least 6) generally take around 1 hour.
Tether
Liquid Network (Faster and Cheaper):
Transfers typically take about 1 minute.
Ethereum
Confirmations require a minimum of 3 minutes, with the balance being updated in approximately 30-60 minutes.
Tron
Transactions are processed after 38 confirmations, taking around 2 minutes. The balance will be updated in about 30-60 minutes.
Polygon
Transactions are processed after 300+ confirmations, which generally takes around 20 minutes. The balance will be updated in approximately 30-60 minutes.
Confirmation times can vary significantly depending on network congestion
Ethereum
Liquid Network (Faster and Cheaper)
Transfers typically take about 1 minute.
Native Chain
Confirmations require at least 3 minutes. The balance will be updated within approximately 30-60 minutes.
Tron
Liquid Network (Faster and Cheaper)
Transfers usually take about 1 minute.
Native Chain
Transactions require 38 confirmations, typically taking around 2 minutes. Your balance should reflect the transaction within 30-60 minutes.
Polygon
Liquid Network (Faster and Cheaper)
Transfers typically take about 1 minute.
Native Chain
Transactions generally take around 20 minutes to process after 300+ confirmations. Your balance will be updated within approximately 30-60 minutes.
Withdrawals Time
Bitcoin
Liquid Network (Faster and Cheaper)
Transfers typically take about 1 minute.
Native Chain
Transfer time depends on network congestion, with an average of 10 minutes for the first confirmation. You should receive your funds after at least 6 confirmations, which typically takes around 1 hour.
Tether
Liquid Network (Faster and Cheaper)
Transfers are completed in approximately 1 minute.
Ethereum
Confirmations require a minimum of 3 minutes, with the balance updated in about 30-60 minutes.
Tron
Withdrawals require 38 confirmations, typically taking around 2 minutes. The balance will be updated within approximately 30-60 minutes.
Polygon
Withdrawals are processed after 300+ confirmations, taking around 20 minutes. The balance will be updated in approximately 30-60 minutes.
Ethereum:
Liquid Network (Faster and Cheaper)
Transfers are completed in about 1 minute.
Native Chain
Confirmations take at least 3 minutes, with the balance updated in approximately 30-60 minutes.
Tron
Liquid Network (Faster and Cheaper)
Transfers are completed in about 1 minute.
Native Chain
Withdrawals require 38 confirmations, typically taking around 2 minutes. The balance will be updated within approximately 30-60 minutes.
Polygon
Liquid Network (Faster and Cheaper)
Transfers are completed in about 1 minute.
Native Chain
Withdrawals are processed after 300+ confirmations, taking around 20 minutes. The balance will be updated in approximately 30-60 minutes.