How long does it typically take for a Bitcoin transaction to be confirmed on Coinbase?

3 answers

• Nov 29, 2021 · 3 years ago
  Typically, a Bitcoin transaction on Coinbase takes about 10 minutes to be confirmed. However, this can vary depending on network congestion and the transaction fee you set. It's important to note that once a transaction is broadcasted to the network, it may take some time for it to be included in a block and confirmed by miners. During this time, the transaction is considered unconfirmed. You can track the status of your transaction on the Coinbase website or app.
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• Nov 29, 2021 · 3 years ago
  In my experience, Bitcoin transactions on Coinbase usually get confirmed within 15 minutes. However, if the network is congested, it may take longer. It's always a good idea to check the current network conditions and set an appropriate transaction fee to ensure faster confirmation. Coinbase provides a user-friendly interface where you can easily monitor the status of your transactions.
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• Nov 29, 2021 · 3 years ago
  From my understanding, it generally takes around 10 minutes for a Bitcoin transaction to be confirmed on Coinbase. However, this can vary depending on factors such as network congestion and the fee you attach to your transaction. It's worth noting that Coinbase has a feature called 'Replace-By-Fee' (RBF), which allows you to increase the fee of an unconfirmed transaction to speed up confirmation. This can be useful if you're in a hurry to complete a transaction.
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