Transferring USDT time depends on the blockchain used and the fee you've committed to the transaction which this article will explore.
How do USDT transactions work, what are the popular supported blockchains, and how long they take to my USDT transfer.
Due to the expansion of the Tether ecosystem, transferring USDT from a wallet or exchange may not be straightforward. Transaction times can vary based on the different blockchains used. Let's explore how USDT transactions work, supported blockchains, and transfer times to wallets and exchanges.
This Is How Long It Takes To Send USDT
The time it takes for USDT transfers varies depending on the blockchain used. External factors such as network congestion and wallet address can either speed up or slow down a USDT transaction. Typically, USDT transfers using the ERC-20 network may take anywhere from 1 to 10 minutes to complete. However, during periods of high congestion, transaction times can be as long as 30 minutes. If a faster USDT transaction is needed, a higher gas fee can sometimes move the transaction to the front of the queue (if you transfer from an exchange the exchange will typically set the fees for you).
| Blockchain Network | Estimated Time to Transfer USDT |
| ERC20 (Ethereum) | 5-10 minutes (~30 minutes during high traffic) |
| TRC20 (TRON) | Less than 1 minute |
| POLYGON | Less than 1 minute |
| BEP20 (Binance Smart Chain) | 1-2 minutes |
| Solana | Less than 1 minutes |
The Reasons For Slow USDT Transaction Speeds
- Network congestion. The transaction times of all USDT-compatible blockchains can be significantly affected by high user volume, making it harder for the blockchain to process transactions. Network congestion has a greater impact on blockchains with lower throughput. For example, during high congestion, USDT transactions on Ethereum may take minutes longer, while on Solana, they may take seconds longer.
- Destination address. Wallet addresses can affect USDT transaction speed. There are two main types of cryptocurrency wallets: non-custodial (personal) and custodial (exchange). Some providers may require blockchain confirmations for USDT transfers.
Speed Up USDT Transactions By Increasing The Gas Fees
To speed up a USDT transaction, you can increase the associated gas fee payment. This fee is needed to process and record the transaction on the blockchain (if using an exchange, the exchange will set the fee for you). Some blockchains allow users to prioritize their transactions by increasing the gas fee or adding a tip. However, there's no guarantee of the transaction time. One of the only ways to speed up a USDT transaction is to increase the associated gas fee payment. A gas fee is generally required to send a transaction across a network. The gas fee is required by either a miner (PoW) or validator (PoS) to process the transaction and record the outcome onto the blockchain.
Try using USDT on a Different Blockchains
USDT is supported on multiple blockchains, each offering varying transaction speeds and costs. Notably, TRC-20 (TRON network) and BEP-20 (BNB Smart Chain network) provide faster and cheaper transactions compared to ERC20 (Ethereum).
There are also other chains such as Solana or Polygon which may result in your USDT transaction being completed in a matter of 5 to 20 seconds.
However, it is important to note that while TRC-20 and BEP-20 networks are more efficient for smaller transactions, ERC-20 remains the most reliable and widely used and highly decentralized network for large and important transactions due to its robust security and extensive ecosystem.
Try a different stablecoin
Lastly, there an alternative option to use a completely different stablecoin similar to USDT called USDC which, depending on the time, may have cheaper and/or faster transfer speeds. You can read more about the key benefits and differences between USDT and USDCin this article here.
--
Want to start your own USDT trading platform? Start with HollaEx® at https://www.hollaex.com/start
FAQs
The time it takes for USDT transfers varies depending on the blockchain used. External factors such as network congestion and wallet address can either speed up or slow down a USDT transaction. Typically, USDT transfers using the ERC-20 network may take anywhere from 1 to 10 minutes to complete.
How much time does USDT withdrawal take? ›
Processing: All Tether withdrawal requests received during business hours are generally processed within 1-3 days.
What is the fastest way to send USDT? ›
The quickest way to transfer Tether (USDT) or other cryptocurrency between wallets is through wallets that support direct and instant transfer features.
Why is my USDT transaction pending? ›
It's possible that there's just a delay in the network, or that there was an error in the transfer. In general, USDT transfers between Coinbase and Binance should take less than 30 minutes, but it's possible that it could take longer depending on network conditions.
How long does it take to sell USDT? ›
At the current Tether price, one USDT is worth $1. Kraken makes it easy to sell Tether for USD in minutes. How do I get my money after selling Tether? After you sell your Tether using Kraken, you can use our flexible funding options to withdraw your cash to your bank account in as little as 0-5 business days.
Why is my USDT transfer taking so long? ›
The Reasons For Slow USDT Transaction Speeds
Network congestion has a greater impact on blockchains with lower throughput. For example, during high congestion, USDT transactions on Ethereum may take minutes longer, while on Solana, they may take seconds longer.
Can I transfer USDT to my bank account? ›
To withdraw USDT to a bank account, you can transfer your USDT to an exchange that supports the withdrawal of USDT to a bank account. Then, you can initiate a withdrawal request and provide the necessary information, such as the bank account number, name, etc. The withdrawal process may take a few days to complete.
How can I get USDT instantly? ›
You can buy USDT instantly in the BitPay app or through the BitPay website online. Select the amount you want to convert to Tether. Enter your wallet information to confirm where you'd like to receive your USDT. BitPay partners with multiple partners to offer you the best possible price on your Tether purchases.
What is the easiest way to withdraw USDT? ›
Step-by-Step Guide On How To Withdraw USDT
- Select a Trusted Exchange.
- Transfer USDT to Your Exchange Wallet.
- Sell USDT for Fiat.
- Provide Your Bank Account Details.
- Initiate Withdrawal.
- Verify and Confirm.
Approved addresses: The minimum is 10 USDT and is capped at 2 million USDT per transaction.
Enter your transaction ID also called TXID (which can be found in your order overview) or your wallet address in the search bar to locate your transaction.
How long does it take USDT to reflect? ›
Tether transactions don't take long and can be monitored once initiated. Usually charges On average, USDT transfers may take anywhere from 1 minute to 5minutes to complete using the ERC-20 network. Transaction times can be as much as 15 minutes during periods of high congestion.
How long can a transaction be pending? ›
Pending transactions generally take between one and five business days to clear. That time can vary based on the type of transaction, the payment network, and the bank or credit card issuer.
How long does it take to transfer USDT to trust wallet? ›
It usually takes just a few minutes to receive USDT when transferring from one wallet to another. The transaction speed can vary depending on the network congestion and the specific blockchain you are using for the transfer.
Can I withdraw USDT to PayPal? ›
1) Log in to your account on the platform where you hold your Tether (USDT). 2) Navigate to the Withdrawal page or section. 3) Select Tether (USDT) as the currency you want to withdraw. 4) Enter the amount of USDT you want to withdraw and choose your withdrawal method, such as PayPal or bank transfer.
Is USDT transfer fast? ›
Transaction time depends on the network load and the used blockchain itself. For example, USDT ERC-20 transfers usually take 1-10 minutes, and 30 minutes when workload is high. Other networks such as Solana or Polygon are faster — their transaction speed is about 5-20 seconds.
Is it easy to cash out USDT? ›
Many popular crypto exchanges let you convert USDT into fiat and then transfer the money to your bank account. Easy conversion tools at most exchanges make this method popular but you should check the fees and withdrawal limits.
How long does it take to withdraw USDT from Coinbase? ›
US Customers. For US customers, Coinbase uses the ACH bank transfer system for transfers to your bank account. The ACH bank transfer system typically takes 3-5 business days to complete after initiating a sell or withdrawal.
How long does a withdrawal take? ›
The precise duration of withdrawal is influenced by which substance someone used as well as the magnitude of their dependence on the substance. It may take days, weeks, and—in some cases—months to reach complete resolution of all withdrawal symptoms, depending on various factors and individual differences.
