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Is there a delay in receiving Bitcoin Cash from Coinbase?

avatarAnshul SahareDec 16, 2021 · 3 years ago3 answers

I recently made a Bitcoin Cash withdrawal from Coinbase, but it seems like there's a delay in receiving the funds. Is this a common issue? How long does it usually take for Bitcoin Cash withdrawals from Coinbase to be processed?

Is there a delay in receiving Bitcoin Cash from Coinbase?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Yes, delays in receiving Bitcoin Cash from Coinbase can happen occasionally. The processing time for withdrawals can vary depending on network congestion and other factors. Normally, it takes about 10-30 minutes for the transaction to be confirmed and for the funds to appear in your wallet. However, during periods of high demand or network congestion, it may take longer. If your withdrawal has been pending for an extended period, it's recommended to contact Coinbase support for further assistance.
  • avatarDec 16, 2021 · 3 years ago
    I've experienced delays in receiving Bitcoin Cash from Coinbase before. It can be frustrating, but it's important to understand that these delays are often beyond Coinbase's control. The blockchain network, on which Bitcoin Cash operates, can sometimes experience congestion, resulting in longer processing times. If you're facing a delay, I would suggest checking the transaction status on a blockchain explorer to see if it has been confirmed. If it hasn't, you may need to wait for the network to process the transaction.
  • avatarDec 16, 2021 · 3 years ago
    From my experience working at BYDFi, delays in receiving Bitcoin Cash from Coinbase are not uncommon. Coinbase is a reputable exchange, but like any other platform, it can face technical issues or high transaction volumes that lead to delays. If you're experiencing a delay, I recommend reaching out to Coinbase's customer support for assistance. They should be able to provide you with more information and help resolve the issue.