While SSD transfers will nip along much faster, depending on the SSD, it's a respectable enough speed for backup storage and normal file access – though we wouldn't recommend actually trying to run games direct from the drive. It supports USB 3.2 Gen 1 via a USB-A connector, and on our Windows machine with ports that matched that spec we were seeing 100GB transfers happening in around 13-14 minutes. In our testing, we had no problems with the speed or reliability of the WD Black P10. Western Digital reckons that you can get transfer speeds of up to 140MB/s from this, which is a fraction of the rates offered by the best SSDs on the market.
Part of the reason this drive is such good value is that it's a conventional 2.5-inch hard disk drive (HDD) running at 5,400 rpm, not a solid state drive: it's not going to compete with the best SSD drives for speed, but then again it doesn't necessarily have to.