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How long does it take to send BTC from Coinbase to Electrum?

avatarNadr_Nov 24, 2021 · 3 years ago3 answers

Can you tell me how long it usually takes to send Bitcoin (BTC) from Coinbase to Electrum?

How long does it take to send BTC from Coinbase to Electrum?

3 answers

  • avatarNov 24, 2021 · 3 years ago
    Typically, the time it takes to send Bitcoin (BTC) from Coinbase to Electrum can vary. It depends on the current network congestion and the transaction fee you set. In general, it can take anywhere from a few minutes to several hours for the transaction to be confirmed on the blockchain. It's recommended to check the transaction status on both Coinbase and Electrum to ensure it has been successfully sent and received.
  • avatarNov 24, 2021 · 3 years ago
    Sending BTC from Coinbase to Electrum usually takes around 10-30 minutes. However, please note that this can vary depending on the network conditions and the transaction fee you choose. It's always a good idea to double-check the transaction details on both platforms to ensure a successful transfer.
  • avatarNov 24, 2021 · 3 years ago
    When sending BTC from Coinbase to Electrum, the transaction time can be influenced by several factors. Firstly, the current network congestion plays a role in how quickly the transaction is confirmed. Additionally, the transaction fee you set can affect the priority of your transaction. It's worth noting that Electrum allows you to adjust the fee manually to potentially speed up the process. Overall, the time it takes can range from a few minutes to an hour or more.