How fast can cryptocurrencies be?
How often do you make money transfers? Do you use bank transfers or digital money for that purpose? We have decided to compare the speeds between cryptocurrencies and bank transfers.
Bank transfer. The most common way of sending money to someone. We won’t talk about commission fees for now, and focus on the actual transfer speed — and it’s high if it is within the same bank, but when you send that to a different bank, it takes anywhere from 3 to 5 bank days.
Cryptocurrencies. Transactions go through very fast (although it depends on the network load). Network commission is minimal compared to that of bank transfers.
We would like to remind you that Artichain is the first AMM that comes with yield farming, smart worldwide escrow money transfer, and an artificial intelligence smart contract generated on Binance Smart Chain. This means our project is lightning fast, transparent and easy to use, which allows anyone to tap into the many advantages of crypto.