How do I track Bitcoin transfers?

Bitcoin’s blockchain can be accessed at https://blockchain.info/ . Here, you’ll be able to enter your Bitcoin TxID, or your exchange or wallet address, to track your transactions. You will see a summary of information about the transaction, including the number of confirmations it has.

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How long does a BTC transfer take?

All Bitcoin transactions require 6 confirmations in the blockchain from miners before they’re processed. Generally speaking, Bitcoin transactions usually take 1 to 1.5 hours to complete. However, there can be delays in the transaction if there is a high volume of transactions taking place at the same time.

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How transactions are done in blockchain?

The ledger is distributed across several nodes, meaning the data is replicated and stored instantaneously on each node across the system. When a transaction is recorded in the blockchain, details of the transaction such as price, asset, and ownership, are recorded, verified and settled within seconds across all nodes .

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