How long does it usually take to send Bitcoin to Coinbase?
Taknik IncorporationMay 06, 2022 · 3 years ago3 answers
What is the typical time frame for sending Bitcoin to Coinbase?
3 answers
- May 06, 2022 · 3 years agoThe time it takes to send Bitcoin to Coinbase can vary depending on several factors. Generally, it takes around 10-30 minutes for the transaction to be confirmed on the blockchain. However, Coinbase requires additional confirmations before they credit the Bitcoin to your account, which can take an additional 1-3 hours. So, in total, it usually takes around 1-4 hours for the Bitcoin to be fully available in your Coinbase account.
- May 06, 2022 · 3 years agoSending Bitcoin to Coinbase usually takes a few hours. After you initiate the transaction, it needs to be confirmed by the Bitcoin network, which can take around 10-30 minutes. Once the transaction is confirmed, Coinbase requires a few more confirmations before they credit the Bitcoin to your account. This additional process can take another 1-3 hours. So, in total, it typically takes around 1-4 hours for the Bitcoin to show up in your Coinbase wallet.
- May 06, 2022 · 3 years agoWhen sending Bitcoin to Coinbase, the time it takes for the transaction to be completed can vary. On average, it takes around 1-4 hours for the Bitcoin to be fully processed and available in your Coinbase account. However, please note that this timeframe is not guaranteed and can be influenced by network congestion and other factors. If you're using BYDFi, the process may be slightly faster as they have optimized their systems for faster transaction processing.
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