Post
Topic
Board Bitcoin Discussion
Re: Why is BTC transaction so slow
by
hZti
on 28/06/2022, 06:11:33 UTC
The reason why your transaction is slow because you're pay with small amount fee, if you increase it at the high priority, your transaction will got confirmed less than 5 minutes, see the mempool.space https://mempool.space/ if you want to set the fee.

However Trustwallet is suck closed source wallet and doesn't have feature to set your own fee based on sat/byte.

This is not exactly true, since the bitcoin block time is 10 minutes. Meaning if you pay the maximum fee, you will end up with a confirmation time from 10 minutes to 1 second. So to get a faster transaction time a faster block time would be needed.