How much time does it usually take for 6 confirmations to be completed when moving cryptocurrencies from Coinbase to Bittrex?
Lisa ThompsonDec 17, 2021 · 3 years ago3 answers
When transferring cryptocurrencies from Coinbase to Bittrex, how long does it typically take for 6 confirmations to be completed?
3 answers
- Dec 17, 2021 · 3 years agoThe time it takes for 6 confirmations to be completed when moving cryptocurrencies from Coinbase to Bittrex can vary depending on several factors. Generally, it takes around 30 minutes to 1 hour for the confirmations to be processed. However, this can be influenced by the network congestion, transaction fees, and the specific cryptocurrency being transferred. It's always a good idea to check the transaction status on both Coinbase and Bittrex to get the most accurate estimate.
- Dec 17, 2021 · 3 years agoWhen you transfer cryptocurrencies from Coinbase to Bittrex, the time it takes for 6 confirmations to be completed can be quite unpredictable. It can range from a few minutes to several hours. Factors such as network congestion, transaction fees, and the specific cryptocurrency being transferred can all affect the confirmation time. If you're in a hurry, you might consider using a cryptocurrency with faster confirmation times or paying a higher transaction fee to expedite the process.
- Dec 17, 2021 · 3 years agoBased on my experience at BYDFi, the average time for 6 confirmations to be completed when moving cryptocurrencies from Coinbase to Bittrex is approximately 45 minutes. However, please note that this can vary depending on the network conditions and the specific cryptocurrency being transferred. It's always recommended to check the transaction status on both exchanges for the most up-to-date information.
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