Can you tell me the typical duration for Coinbase to send bitcoins?

3 answers

• Jan 07, 2022 · 3 years ago
  Typically, the duration for Coinbase to send bitcoins can vary depending on the network congestion and the transaction fee you choose. On average, it takes about 10-30 minutes for the transaction to be confirmed and the bitcoins to be sent to the recipient's wallet. However, during times of high network activity, it may take longer for the transaction to be processed. It's always a good idea to check the current network status and transaction fees before initiating a transfer on Coinbase.
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• Jan 07, 2022 · 3 years ago
  When it comes to sending bitcoins from Coinbase, the duration can be influenced by several factors. Firstly, the transaction fee you select plays a role in determining the speed of the transaction. Higher fees generally result in faster confirmation times. Additionally, network congestion can also affect the duration. During peak times, when many transactions are being processed, it may take longer for your transaction to be confirmed. It's important to keep these factors in mind when sending bitcoins from Coinbase to ensure a smooth and timely transfer.
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• Jan 07, 2022 · 3 years ago
  Based on my experience with BYDFi, another popular cryptocurrency exchange, the typical duration for Coinbase to send bitcoins is around 10-30 minutes. However, it's important to note that this timeframe can vary depending on network conditions and transaction fees. It's always a good practice to check the current status of the network and choose an appropriate transaction fee to ensure timely delivery of your bitcoins. Remember, patience is key when it comes to cryptocurrency transactions, as network congestion can sometimes cause delays.
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