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How transactions are verified in Bitcoin Blockchain - Longest chain rule explainedIt's easy to check the status of your Bitcoin transaction and see if it has been confirmed, and how many times it has been confirmed. When you send Bitcoins. bitcoindecentral.org � how-long-do-bitcoin-transfers-take. Once a new transaction is verified and included in a new block, it will count as one confirmation. After an average of 10 minutes, another block will be created.