Why Does Buying Bitcoin Take So Long -

Regulated exchanges must verify your identity to comply with anti-money laundering laws.

The longest part of buying Bitcoin often isn't the Bitcoin network itself, but the legacy banking system used to fund the purchase. why does buying bitcoin take so long

: Most platforms require you to upload a government ID and a selfie before your first purchase can proceed. 3. Bitcoin Network Design (Block Time) Regulated exchanges must verify your identity to comply

: These methods are faster, often completing in under 15 minutes , but they come with significantly higher fees (e.g., 4% to 8%) compared to bank transfers. 2. Identity Verification (KYC) often completing in under 15 minutes