you can play all different kinds of time limits. it depends on the challenge.
http://support.chess.com/Knowledgebase/Article/View/132/0/playing-live-chess-on-chesscom
Time limit
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There seems to be a time limit that i'm not aware of, so far i've lost two games because of it and it was not explained to me, can some highlight why i ran out of time ?
And just how long we get to play when playing live ?
Your answer would be greatfully received, i'm very New on here so patience is a Must ... LOL