After having done most of my transactions in Bitcoin I'm used to having slow transactions with high cost but after sending my first STEEM transaction I was amazed at the speed of the transaction. Within 15 seconds the STEEM was in my wallet ready to go. No need for confirmations or anything, and all at a fraction of the price of bitcoin transactions. I don't know how fast this is compared to other currencies but comparing to to Bitcoin is like night and day!