Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction confirmed within 20 minutes
by
cengsuwuei
on 22/05/2017, 23:56:43 UTC
OK with all the posts about transactions fees and transaction holds etc .. thought I'd post my experience ..

I have just transferred 2 Bitcoin from my Kraken trading account to my blockchain wallet ... cost of transaction: 0.0005 bitcoin so actual coins received in wallet 1.9995 ... 4 confirmations received within 20 minutes (19 minutes to be exact)

Personally I was expecting maybe a day for the transaction to be completed lol (especially with all the scary posts on the forum) so 20 minutes was pleasantly surprising.

because sending fee is very high
you can see tx id transaction, how much sending fee per bytes i think is over 250 satoshi/bytes