How long does it usually take to transfer bitcoin from Coinbase to BitMEX?

3 answers

• Stephanie WhiteApr 17, 2023 · 2 years ago
  The time it takes to transfer bitcoin from Coinbase to BitMEX can vary depending on network congestion and transaction fees. Generally, it can take anywhere from a few minutes to a few hours for the transfer to be confirmed on the blockchain. It's always a good idea to check the current network conditions and set an appropriate transaction fee to ensure timely processing. Additionally, keep in mind that BitMEX may require additional confirmations before the funds are available for trading.
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• Ojas PatelJan 29, 2023 · 2 years ago
  Transferring bitcoin from Coinbase to BitMEX usually takes around 30 minutes to an hour. However, this can be longer during periods of high network congestion. It's important to note that the transfer time also depends on the transaction fee you set. Higher fees can result in faster confirmations. If you're in a hurry, you can consider increasing the fee to expedite the transfer process.
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• MeghanasrinivasOct 11, 2022 · 3 years ago
  When transferring bitcoin from Coinbase to BitMEX, the time it takes for the transfer to complete can vary. On average, it can take anywhere from 10 minutes to a few hours. This is because bitcoin transactions need to be confirmed by miners on the blockchain, and the time it takes for a confirmation can depend on factors such as network congestion and transaction fees. To ensure a faster transfer, you can choose to set a higher transaction fee. However, keep in mind that higher fees may not always guarantee faster confirmations.
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