4 ms·

This is laughable. I transferred btc today in about 30 mins.

• econner 9y ago
  For what fee?
  • jeremyt 9y ago
    For a fee that’s barely a rounding error for a ‘multimillion dollar payment’
    • notyourwork 9y ago
      Don’t be so specific
    • econner 9y ago
      I tried to transfer $20 out of coinbase and it was going to cost $32 to do so. Seems like if you're not doing multimillion dollar payments it's not worth it. Then again, even if you are it's not worth it.
• flashm 9y ago
  And 30 minutes is acceptable...?
  • etr-strike 9y ago
    Yes? Confirmations in bitcoin were never instant...
  • xzel 9y ago
    Don't ACH and wire transfers take at least a day? And as a disclaimer I'm not for or against either coin.
    • kuschku 9y ago
      In the EU, since November 2017, wire transfers take 15 seconds (Disclaimer: some banks are still rolling it out). Welcome to the world of the Single European Payments Area Instant Credit Transfer Scheme.
      • nkkollaw 9y ago
        Ah. I didn't know this. Even in different currencies?
        • kuschku 9y ago
          Until 2018, SEPA transactions only clear in EUR, I think from 2018 on there will also be support for other EU currencies.
          • nkkollaw 9y ago
            Very nice. I spent a lot of money and time before diacovering Transferwise.
    • MR4D 9y ago
      Fedwire is AT MOST a day...usually immediate. https://www.federalreserve.gov/paymentsystems/fedfunds_about.htm https://www.federalreserve.gov/paymentsystems/fedfunds_about...