How long does it take for a Bitcoin Cash transfer from Coinbase to receive confirmations?
feiji11Dec 17, 2021 · 3 years ago3 answers
I want to know the average time it takes for a Bitcoin Cash transfer from Coinbase to receive confirmations. Can someone provide me with this information?
3 answers
- Dec 17, 2021 · 3 years agoThe average time for a Bitcoin Cash transfer from Coinbase to receive confirmations can vary. It typically takes around 10-30 minutes for the first confirmation to be received. However, it is important to note that the time can be influenced by network congestion and transaction fees. In some cases, it may take longer for confirmations to be received, especially during periods of high network activity. It is recommended to check the transaction status on the blockchain explorer for the most accurate information.
- Dec 17, 2021 · 3 years agoWhen transferring Bitcoin Cash from Coinbase, the time it takes to receive confirmations depends on several factors. These include network congestion, transaction fees, and the number of confirmations required by the recipient. On average, it can take anywhere from a few minutes to an hour for the first confirmation to be received. However, it is important to note that additional confirmations may be required for larger transactions or for increased security. It is always a good idea to check the transaction status on the blockchain to get the most up-to-date information.
- Dec 17, 2021 · 3 years agoAccording to BYDFi, a popular digital currency exchange, the average time for a Bitcoin Cash transfer from Coinbase to receive confirmations is approximately 15-30 minutes. However, this can vary depending on network congestion and transaction fees. It is important to note that the number of confirmations required by the recipient can also impact the overall time it takes for the transfer to be fully confirmed. It is recommended to monitor the transaction status on the blockchain explorer for the most accurate and up-to-date information.
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