How long does it take to process XSGD transfers?

Modified on Tue, 26 Aug at 5:43 AM

Transfer Processing Time

Transfer MethodTransfer InTransfer Out
XSGD (Blockchain Transfer)

Based on block confirmations*

Up to 1 business day
(within 1 hour in most cases)


Block Confirmation Requirements by Network

The processing time for blockchain transfers depends on a few key factors:

  • Block creation speed (how quickly new blocks are generated)

  • Network activity (how congested the network is)

  • Number of required confirmations (how many blocks must be added after your transaction)


Generally, more confirmations mean higher security, but they may also result in a longer wait time.


Below are the required block confirmations by network:

NetworkRequired Confirmations
Ethereum

6 blocks

Polygon10 blocks
Zilliqa3 blocks
Avalanche C-Chain (AVAX)6 blocks

Arbitrum

6 blocks

XRP Ledger (XRPL)

12 blocks

Hedera

1 block

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