How Long Does a Bitcoin Transaction Take?

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3. Will BTC Ever Be Faster?

Some BTC enthusiasts can sleepless nights because of the long confirmation period associated with a Bitcoin transaction. They worry that in the coming years the blockchain cannot cope with demand. (Fun fact: this was the main cause of the creation of Bitcoin Cash). This problem should be solved by the addition of a new layer over the Bitcoin blockchain to speed things up projects like the Lightning Network.

However, the popularity did not really boil down. A different cryptocurrency, such as Ethereum and Litecoin, known for faster transactions, aka faster confirmations after transfers, is another alternative to Bitcoin fees. It is quite simple to exchange Bitcoins with other digital assets.

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