# Confirmation time

## Definition

Confirmation time is the elapsed time between transaction submission or broadcast and the point at which the network reaches the confirmation threshold relevant to the user or service.

## What it means in practice

It varies with blockchain design, fee conditions, congestion, block timing and the number of confirmations required.

## How this concept appears in Terenval Wallet

Terenval can show transaction progress, but it cannot guarantee a fixed confirmation time across Bitcoin, Ethereum and supported L2 networks.

**Important:** Treat fee-speed estimates as probabilistic rather than promises.

**[Install Terenval Wallet](https://wallet.terenval.com/?lang=en)**

## Related terms

- [Transaction confirmation](https://wallet.terenval.com/glossary/transaction-confirmation/)
- [Fee estimation](https://wallet.terenval.com/glossary/fee-estimation/)
- [Pending transaction](https://wallet.terenval.com/glossary/pending-transaction/)
- [Finality](https://wallet.terenval.com/glossary/finality/)
- [Transaction status](https://wallet.terenval.com/glossary/transaction-status/)

## Related Terenval Answers

- [How to Send Crypto Safely Between Wallets](https://wallet.terenval.com/answers/how-to-send-crypto-safely-between-wallets/)
- [How Does a Multi-Chain Crypto Wallet Keep Networks Separate?](https://wallet.terenval.com/answers/how-multi-chain-wallets-keep-networks-separate/)
- [Ethereum Layer 2 Networks and Gas Fees](https://wallet.terenval.com/answers/ethereum-layer-2-networks-and-gas-fees/)

## Sources

- https://developer.bitcoin.org/devguide/
- https://ethereum.org/en/developers/docs/transactions/
- https://wallet.terenval.com/info/security/

Official page: https://wallet.terenval.com/glossary/confirmation-time/