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BTC can be bought and sold on Sunday how long does it take to trade for cash

BTC can be bought and sold on Sunday how long does it take to trade for cash

With the development trend of the Lok Ma Chau Spur line times, nowadays many people like to do project investment things, such as BTC is currently the most popular investment method, but many people do not have a good grasp of BTC, then BTC can be bought and sold on Sunday? How long does it take to trade for cash? Here's a look at it.

Virtual Currency Trading

According to statistics, there work visa application hong kong is no time limit for investing in Bitcoin, in other words BTC can be bought and sold on Sundays. Virtual currency trading is available worldwide 24 hours a day, 7 days a week, with no limit on daily stops. The price of BTC is subject to fluctuations due to news events, current policies and market demand, etc. The major difference between BTC and other digital currencies is that the quantity is very limited and a scarce resource. The number will be permanently limited to 21 million.

If the BTC internet is congested, create bitcoin account it is likely to take 2 or 3 hours to arrive. the average time taken to create each block of BTC is 10min. only after 6 blocks have been created can a sale be finalised (taking into account security features). In general, a sale in the BTC system software must take 60 minutes to be finalised, i.e. the transfer is successful.

In order to ensure that each sale is recorded (finalised) for you by the mining community on the BTC internet, it is usually necessary to set a service fee to reward the first mining operation that succeeds. Therefore, the higher the set reward, the faster the sale; if at the same time there is too much volume, the internet is congested, the set fee is reduced and it is very likely that the sale will take longer than 1 hour or even 24 hours to determine.

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