Post
Topic
Board Bitcoin Discussion
Re: Bitcoin transaction confirmed within 20 minutes
by
beerlover
on 24/05/2017, 16:57:28 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.
Wow. Good for you! It’s always nice when you are transferring that amount of money for the process to be quick. It always feels a little scary when your money is in the middle of being confirmed but hasn’t been confirmed yet. That is a good time, 20 minutes for that amount too. I would have expected at least an hour too so that is really good!