What is the average waiting time to receive bitcoin on Coinbase?
Soumya Ranjan MohantyNov 25, 2021 · 3 years ago3 answers
Can you tell me how long it usually takes to receive bitcoin on Coinbase?
3 answers
- Nov 25, 2021 · 3 years agoThe average waiting time to receive bitcoin on Coinbase can vary depending on network congestion and other factors. Generally, it takes around 10-30 minutes for the transaction to be confirmed and for the bitcoin to appear in your Coinbase wallet. However, during times of high network activity, it can take longer, sometimes up to a few hours. It's important to note that Coinbase provides an estimated delivery time when you make a transaction, so you can have an idea of how long it might take.
- Nov 25, 2021 · 3 years agoWhen you send bitcoin to your Coinbase wallet, the transaction needs to be confirmed by the network. This confirmation process can take some time, especially if there is a high volume of transactions happening at the same time. On average, it takes about 10-30 minutes for the transaction to be confirmed and for the bitcoin to show up in your Coinbase account. However, during busy periods, it may take longer. So, if you're waiting for your bitcoin to arrive, just be patient and keep an eye on your Coinbase account.
- Nov 25, 2021 · 3 years agoAccording to my experience with BYDFi, the average waiting time to receive bitcoin on Coinbase is around 10-30 minutes. However, this can vary depending on network congestion and other factors. During times of high network activity, it may take longer for the transaction to be confirmed and for the bitcoin to be credited to your Coinbase account. It's always a good idea to check the estimated delivery time provided by Coinbase when you make a transaction, as it can give you a better idea of how long you might have to wait.
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