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How long should I expect to wait when buying Ethereum on Coinbase?

avatarCocomelonDec 15, 2021 · 3 years ago3 answers

When purchasing Ethereum on Coinbase, what is the typical waiting time before the transaction is completed?

How long should I expect to wait when buying Ethereum on Coinbase?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    The waiting time when buying Ethereum on Coinbase can vary depending on the network congestion and transaction fees. Generally, it takes around 10-30 minutes for the transaction to be confirmed and the Ethereum to be available in your Coinbase wallet. However, during periods of high demand or network congestion, the waiting time can be longer, sometimes up to a few hours. It's always a good idea to check the current network status and transaction fees before making a purchase to have a better estimate of the waiting time.
  • avatarDec 15, 2021 · 3 years ago
    When you buy Ethereum on Coinbase, the waiting time can be as short as a few minutes or as long as a few hours. It depends on the current network congestion and the transaction fees you choose. If the network is busy, it may take longer for your transaction to be confirmed. Similarly, if you choose a lower transaction fee, it may take more time for miners to include your transaction in a block. To minimize the waiting time, you can try to choose a higher transaction fee or wait for a period of lower network congestion.
  • avatarDec 15, 2021 · 3 years ago
    When purchasing Ethereum on Coinbase, the waiting time can vary depending on the current network conditions. Coinbase uses the Ethereum blockchain to process transactions, and the waiting time is influenced by factors such as network congestion and transaction fees. Typically, it takes around 10-30 minutes for the transaction to be confirmed and the Ethereum to be available in your Coinbase wallet. However, please note that during times of high demand or network congestion, the waiting time can be longer. It's recommended to monitor the network status and transaction fees on Coinbase or other reliable sources to get a better idea of the expected waiting time.