Как быстро средства будут перечислены на мой кошелек при выводе?

The speed of transaction processing is one of the biggest advantages of the blockchain, but a number of factors affect it. In this material, we will explore the commissions placed on transaction and the associated issues.

The time necessary for asset withdrawal to an external wallet depends on several factors, namely – the current load of the blockchain network in question, the size of the commission, and the conditions for deposits set by the destination address wallet.

All blockchain networks have a certain throughput limit. In times of heightened market activity, the network may encounter a bottleneck situation as the number of transactions that need to be processed increases. In this case, the miners hashing the transactions will charge a higher commission to process transactions faster based on the simple law of supply and demand. Some users will be willing to sacrifice a portion of their transferred funds in exchange for speed, while others will simply have to wait in the general queue.

The size of the commission depends on the load of the blockchain network in question and its own technical characteristics. High user activity on the network increases the size of the commission, since the number of validating nodes and miners is limited.

The exchange advises its users to set the size of the commission at the level recommended by third-party analytical services. However, this does not guarantee fast transaction processing, since the commission is calculated by third-party analytical services and is predictable. Setting a low commission will automatically result in long transaction processing times.

If you are interested in following the pathway that your cryptocurrencies trace on the way to the destination address, you can always turn to blockchain explorer services. You can also go directly to https://coinmarketcap.com, find the coin you sent and open the Explorer tab. Once inside the Explorer tab, enter the transaction hash and follow its processing by observing the number of confirmations it has received.