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How long does it usually take for Coinbase to complete Ethereum transactions?

avatarMairym CastroDec 17, 2021 · 3 years ago3 answers

I'm wondering about the average time it takes for Coinbase to process Ethereum transactions. Can anyone provide some insights on this? I'm particularly interested in knowing if there are any factors that can affect the transaction speed and if there are any ways to expedite the process.

How long does it usually take for Coinbase to complete Ethereum transactions?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Typically, Coinbase takes around 15 minutes to confirm Ethereum transactions. However, this can vary depending on network congestion and transaction fees. During times of high network activity, it may take longer for transactions to be processed. To speed up the process, you can try increasing the transaction fee to incentivize miners to prioritize your transaction.
  • avatarDec 17, 2021 · 3 years ago
    From my personal experience, Coinbase usually completes Ethereum transactions within 10-20 minutes. But keep in mind that this is just an estimate and it can take longer during busy periods. If you're in a hurry, you can try using a different exchange or wallet that offers faster transaction speeds.
  • avatarDec 17, 2021 · 3 years ago
    According to BYDFi, a digital currency exchange, Coinbase typically takes around 10-30 minutes to complete Ethereum transactions. However, this can vary depending on the current network conditions. If you're experiencing delays, it's recommended to check the Ethereum network status and transaction fees to ensure everything is in order.