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How long does it usually take for Bitcoin to transfer from GDAX to Binance?

avatarSidharth SJan 10, 2022 · 3 years ago3 answers

I want to transfer Bitcoin from GDAX to Binance. Can you tell me how long it usually takes for the transfer to complete?

How long does it usually take for Bitcoin to transfer from GDAX to Binance?

3 answers

  • avatarJan 10, 2022 · 3 years ago
    The time it takes for a Bitcoin transfer from GDAX to Binance can vary. Generally, it takes around 10-30 minutes for the transfer to be confirmed on the blockchain. However, the actual time may depend on network congestion and the transaction fee you set. It's always a good idea to check the current network conditions and set an appropriate fee to ensure timely confirmation.
  • avatarJan 10, 2022 · 3 years ago
    When transferring Bitcoin from GDAX to Binance, the time it takes for the transfer to complete can be influenced by several factors. These include network congestion, transaction fees, and the number of confirmations required by Binance. On average, it can take anywhere from 10 minutes to a few hours for the transfer to be fully processed. It's important to keep an eye on the transaction status and confirmations on both GDAX and Binance to ensure a successful transfer.
  • avatarJan 10, 2022 · 3 years ago
    Transferring Bitcoin from GDAX to Binance usually takes around 10-30 minutes. However, please note that this timeframe is just an estimate and can vary depending on network conditions. It's also worth mentioning that BYDFi, another popular cryptocurrency exchange, offers even faster transfer times, with some users reporting near-instant transfers. So if speed is a priority for you, you might consider using BYDFi for your Bitcoin transfers.