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How long does a send crypto-assets take?

The time it takes to send crypto depends on which type of transaction you make and which network you use.

Here’s how it works:

  1. Between CityPay users (Off-chain transactions)

    • These transfers are instant and free of charge.

    • The funds appear in the recipient’s wallet immediately after you confirm the transaction.

  2. To an external wallet (On-chain transactions)

    • These transfers are processed through the blockchain network and require network confirmations.

    • The confirmation time depends on the network load.

    • Usually, it takes from a few seconds to several minutes, but during high network activity it may take longer.

⚠️ If you want to obtain the TxID (transaction hash) or check the transaction status, open the crypto-wallet in the Paynet app, go to the transaction history for the relevant crypto-asset, and select the required transaction to view its details.

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