In order for the Bitcoin cryptocurrency to be transferred from one wallet to another, it is necessary to send a transaction to the network. In the process of passing the transaction, it is necessary to receive confirmation from the Bitcoin network itself that this amount of coins is really on the wallet where the transfer is from, etc. This is how the network checks for coins and protects the entire system from fraud and duplicates.

On average, in order for a user to dispose of the coins transferred to him, it is enough to receive 3-6 confirmations from the network. The speed of the transaction depends on the network congestion, the set reward for miners and other factors. The average transaction time is absolutely different, according to our observations and statistics, it is about 40 minutes.