According to Binance, the exchange published a beginner’s guide showing users how to pay with Bitcoin, covering steps from wallet setup through checkout to complete BTC payments, which is directly relevant to real-world utility and user flows. source: Binance Bitcoin payments settle on-chain as blocks are mined roughly every 10 minutes and require transaction fees that fluctuate with demand, which directly influences confirmation latency and user payment experience. source: Satoshi Nakamoto Bitcoin whitepaper, Bitcoin.org Developer Guide For trading relevance, monitor three metrics during payment activity surges: fee rates in sat per vByte, mempool size, and median confirmation time, because these indicate blockspace congestion and can affect exchange deposit and withdrawal timing in volatile markets. source: Bitcoin.org Developer Guide, Glassnode