A. Transaction Speed refers to the amount of time a system requires to perform your transaction. In the case of cryptocurrencies, the transaction speed can vary. If the exchange speed is good, the procedure will be quick. High transaction speed is crucial for the success of a cryptocurrency. Due to the present exchange volume, block creation operations, and system conditions, Bitcoin’s transaction speed is only average compared to other AltCoins. The estimate is 5 to 15 minutes.