common-close-0
BYDFi
Trade wherever you are!

How long until I can send the BTC I bought from Coinbase to someone else?

avatarMenghenDec 16, 2021 · 3 years ago3 answers

I recently bought BTC from Coinbase and I'm wondering how long it will take until I can send it to someone else? Is there a waiting period or any restrictions on transferring the BTC?

How long until I can send the BTC I bought from Coinbase to someone else?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Once you purchase BTC from Coinbase, you can typically send it to someone else immediately. However, there might be a delay if Coinbase is experiencing high transaction volumes or if there are network congestion issues. It's always a good idea to check your Coinbase account for any specific restrictions or waiting periods.
  • avatarDec 16, 2021 · 3 years ago
    You should be able to send the BTC you bought from Coinbase to someone else right away. However, keep in mind that the transaction speed can vary depending on the network congestion and the transaction fees you choose. It's always a good practice to double-check your Coinbase account for any additional information or restrictions.
  • avatarDec 16, 2021 · 3 years ago
    When it comes to sending BTC that you bought from Coinbase to someone else, there is typically no waiting period. However, it's important to note that the transaction speed can be influenced by various factors such as network congestion and transaction fees. If you have any concerns or questions, you can reach out to the customer support team at BYDFi for assistance.