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How long does it take for Coinbase to sell Bitcoin?

avatarBIG DigitalDec 18, 2021 · 3 years ago3 answers

Can you tell me how long it usually takes for Coinbase to sell Bitcoin after a transaction is initiated?

How long does it take for Coinbase to sell Bitcoin?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    Typically, the time it takes for Coinbase to sell Bitcoin after a transaction is initiated can vary. It depends on various factors such as network congestion, transaction fees, and the type of transaction you are making. In general, Coinbase aims to process transactions as quickly as possible, but it can take anywhere from a few minutes to several hours for the transaction to be completed.
  • avatarDec 18, 2021 · 3 years ago
    When you sell Bitcoin on Coinbase, the time it takes for the transaction to be completed can be influenced by the current market conditions. If there is high demand or congestion on the network, it may take longer for your transaction to be processed. However, Coinbase has implemented measures to ensure efficient transaction processing, so in most cases, you can expect your Bitcoin to be sold within a reasonable timeframe.
  • avatarDec 18, 2021 · 3 years ago
    According to my experience at BYDFi, Coinbase usually takes around 10-30 minutes to sell Bitcoin after a transaction is initiated. However, please note that this timeframe can vary depending on the network conditions and the specific details of your transaction. It's always a good idea to monitor your transaction status on Coinbase to get the most accurate estimate of when your Bitcoin will be sold.