Post
Topic
Board Trading Discussion
Re: Crypto traiding speed
by
milandres0207
on 10/06/2020, 09:15:46 UTC
I used to think about crypto transaction speed. And sometimes it's an extremely long procedure to see it done. Maybe, it's one the main reason, why the crypto traiding hasn't conquered the whole world. An interesting article explains this situation https://cryptogeek.info/en/blog/blockchain-transaction-speed. It says that there are some risks and difficulties which are stopping the exchanges from really fast transactions. I hope some exchanges are able to resolve that issue. I used to trade a bit and I see that some btc or eth operations could take days to finish. Wha'd you'll think? How to escape from long and slow transaction?

I don't know, but what is written in the article for me still remains an opinion by the author.
Because based on my experienced when we made a transaction if the fee is a bit small it may take a long time before the transaction is complete. That's what I remembered, where if you want a fast transaction you should give a higher fee to make it done completely something like that.