Bitcoin Deposit or received

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  • ciscokidyo
    SBR Rookie
    • 12-15-18
    • 14

    #1
    Bitcoin Deposit or received
    If someone sends you Bitcoin to your wallet, how long does it take for it to be deposited?
  • raiders72001
    Senior Member
    • 08-10-05
    • 11076

    #2
    Originally posted by ciscokidyo
    If someone sends you Bitcoin to your wallet, how long does it take for it to be deposited?
    Normally it hits the wallet instantly. Most wallets require 1-3 confirmations in order to spend it. The speed for the first confirmations depends on the fee.
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    • littlekona
      SBR Hall of Famer
      • 11-19-15
      • 5242

      #3
      Originally posted by ciscokidyo
      If someone sends you Bitcoin to your wallet, how long does it take for it to be deposited?
      some wallets show instant and others take 1 confirmation..you can track throgh block chain or my fav blockonomics which show probable confirmation tim
      Comment
      • wacked
        SBR Wise Guy
        • 01-13-09
        • 719

        #4
        In general "10" mins, based on avg block time which BTC conforms to.
        Depending on when it's sent it can be a second or it can be 10 mins, 30, 60 etc.
        If the sender did not send a high enough fee, especially when the 'mempool' is saturated, it could take hours, but right now it's cheap to send, so normally after 1 confirmation, maybe 2 it should show in most wallets.

        As others have said before, you can track it online through many different means, normally called BlockExplorers. Put in your wallet address and you can see if there is a "pending" deposit.

        So in general it depends, but normally it should be in your wallet in about 30 mins give or take depending on when the next block is mined and if a high enough miner fee was paid with the transaction.
        Comment
        • raiders72001
          Senior Member
          • 08-10-05
          • 11076

          #5
          You can replace-by-fee (RBF) to add to the miner's fee to speed up unconfirmed transactions with a lot of wallets such as Electrum and Trezor.
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