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INSPECT INSP - WEB 3 Crypto App Built on X - 100X Altcoin to buy before 2024!? MUST WATCH!Key Takeaways. In Bitcoin, a confirmation means a transaction has been added to a block. Confirmations happen approximately every 10 minutes. Step 1: Find Your Transaction ID. Every Bitcoin Transaction has a Transaction ID or TXID which is usually displayed to you after the transaction has been broadcast. Once you have completed a transaction, you can check the status by selecting 'view transaction' on the confirmation page. From there you will.