Re: Tulip Trading
Transfers with Bitcoin take on average 10 minutes to any address on the network and the network is useable anywhere world wide with internet access (so global transfers in 10 minutes).
The average hovers around 10 minutes, however any transaction could be confirmed in the next block, or it could languish for days, based on any number of factors.
It's also good practice to wait for multiple confirmations to ensure that the block containing that first confirmation isn't orphaned.