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Bitcoin Transaction Explained in 5 MinutesBitcoin's transaction times can vary greatly, ranging anywhere from ten minutes to one day. However, it will usually take between thirty minutes and two hours. Bitcoin Average Confirmation Time is at a current level of , down from yesterday and up from one year ago. This is a change of % from. The average time for one Bitcoin confirmation has recently ranged anywhere from 30 minutes to over 16 hours in extreme cases.