Silk Road forums
Discussion => Newbie discussion => Topic started by: ddiamondz on June 28, 2013, 02:39 am
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On average, how many times does the transaction need to be confirmed on the Blockchain before I can expect the funds deposited into my Silk Road account? Thanks in advance. It seems like an arbitrary process.
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It takes 6 confirmations. I've heard it goes faster if you assign a higher commission to the transfer such as in the electrum wallet or wherever it is coming from.
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6 is the correct answer, and this is for most transactions with bitcoin, not just SR. Peace
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Usually 5-6, but I don't think SR's deposit system works only on confirmations. It tumbles the coins so there may be additional delay.
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how long does a BTC transfer from blockchain to SR take usually?
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i got mine to block chain and then to sr all within 4 hours
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I'm @ 8 confirmations and still no deposit. but i believe my first xfer to SR took about 4 - 5 hours.