Online Currency

Analysis Reveals Nano, Stellar, XRP, EOS, NEO and IOTA Are Among the Fastest Cryptocurrencies on Binance

Nano is currently the fastest cryptocurrency on Binance, according to a crypto coin tracker that monitors the deposit speed of all coins on major exchanges.

The breakdown from Bitcoin Kit lists Nano on top, with a block time of three seconds and one confirmation required to approve the transaction.

Next up is Stellar Lumens, ICON, Skycoin, XRP and EOS. Here’s a look at the complete list.



Transaction speed is one of the most talked about features in the world of cryptocurrency.

The faster a distributed ledger can process a large number of transactions, the more likely it is to become a go-to platform. For example, a cryptocurrency with a fast transaction speed could challenge traditional payment companies like Visa.

It’s also a crucial metric for the execution of smart contracts and for traders looking to move coins from one.