How long does it take for Bitcoin to clear from Coinbase?

3 answers

• May 10, 2022 · 3 years ago
  Typically, it takes about 10 minutes for a Bitcoin transaction to be confirmed and cleared from Coinbase. However, this can vary depending on network congestion and the transaction fee you set. It's always a good idea to check the current network status and adjust your fee accordingly to ensure faster confirmation times.
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• May 10, 2022 · 3 years ago
  When you initiate a Bitcoin transaction on Coinbase, it enters the mempool where it waits to be picked up by miners. The time it takes for a transaction to be confirmed and cleared depends on the number of unconfirmed transactions in the mempool and the fee you attach to your transaction. Higher fees generally result in faster confirmation times.
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• May 10, 2022 · 3 years ago
  According to BYDFi, a popular digital currency exchange, the average time for a Bitcoin transaction to clear from Coinbase is around 10 minutes. However, it's important to note that this can vary depending on network conditions and the fee you choose to pay. It's recommended to monitor the transaction status and adjust the fee if necessary to ensure timely processing.
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