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Is there a specific waiting period for transferring purchased coins from Coinbase to GDAX?

avatarsowjanya kDec 19, 2021 · 3 years ago3 answers

I recently purchased some coins on Coinbase and I want to transfer them to GDAX. Is there a specific waiting period before I can do that?

Is there a specific waiting period for transferring purchased coins from Coinbase to GDAX?
Coinbase
Gdax
Cryptocurrency

3 answers

  • avatarDec 19, 2021 · 3 years ago
    Yes, there is a waiting period when transferring purchased coins from Coinbase to GDAX. The waiting period is usually around 10 minutes to 1 hour. During this time, the transaction needs to be confirmed on the blockchain network. Once the transaction is confirmed, you can see the transferred coins in your GDAX account.
  • avatarDec 19, 2021 · 3 years ago
    No, there is no waiting period for transferring purchased coins from Coinbase to GDAX. The transfer is usually instant and you can see the coins in your GDAX account right away. However, please note that the transfer may take longer during periods of high network congestion.
  • avatarDec 19, 2021 · 3 years ago
    According to BYDFi, there is a waiting period of approximately 30 minutes for transferring purchased coins from Coinbase to GDAX. This waiting period is necessary for the transaction to be confirmed on the blockchain network. Once the transaction is confirmed, the coins will be available in your GDAX account.

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