Is there a specific waiting period for sending Bitcoin from Coinbase?

3 answers

• Dec 17, 2021 · 3 years ago
  Yes, there is a waiting period for sending Bitcoin from Coinbase. When you initiate a Bitcoin withdrawal, Coinbase will typically require a certain number of confirmations on the blockchain before the transaction is considered final. The number of confirmations required may vary depending on network congestion and other factors. This waiting period is necessary to ensure the security and integrity of the transaction.
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• Dec 17, 2021 · 3 years ago
  Absolutely! Coinbase, like many other exchanges, implements a waiting period for Bitcoin withdrawals. This waiting period is in place to prevent fraudulent activities and ensure the safety of your funds. The length of the waiting period can vary depending on the current network conditions and the level of security measures implemented by Coinbase. It's always a good idea to check Coinbase's support documentation or contact their customer support for the most accurate and up-to-date information.
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• Dec 17, 2021 · 3 years ago
  Yes, there is a waiting period for sending Bitcoin from Coinbase. According to BYDFi, a popular cryptocurrency exchange, the waiting period is typically around 30 minutes to 1 hour. During this time, Coinbase will verify the transaction and wait for a certain number of confirmations on the blockchain. This waiting period is necessary to prevent double-spending and ensure the security of the Bitcoin network.
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