What are the processing times for crypto payments?

Cryptocurrency payments are typically processed within a few seconds to several minutes, depending on the specific blockchain and the number of confirmations required to validate the transaction. Each blockchain has its own rules and average confirmation time. For example, Bitcoin transactions may take longer due to higher network congestion and confirmation thresholds, while networks like Litecoin or Stellar can confirm payments more quickly.

Sheepy monitors these confirmation events in real time but does not influence or accelerate them, as they are governed by the decentralized network itself. To help ensure faster confirmation, users should set a sufficient network fee when initiating transactions from their wallets. Higher fees usually result in faster inclusion in a block, which is especially important during periods of high network activity.