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How much time does it usually take for Bitcoin to clear from Coinbase?

avatarGentry WongDec 20, 2021 · 3 years ago3 answers

Can you please tell me the average time it takes for a Bitcoin transaction to be confirmed and cleared from Coinbase?

How much time does it usually take for Bitcoin to clear from Coinbase?

3 answers

  • avatarDec 20, 2021 · 3 years ago
    Sure! On average, it takes about 10 minutes for a Bitcoin transaction to be confirmed and cleared from Coinbase. However, this time can vary depending on network congestion and the transaction fee you set. If the network is busy, it may take longer for your transaction to be included in a block and confirmed.
  • avatarDec 20, 2021 · 3 years ago
    Well, it usually takes around 10 minutes for a Bitcoin transaction to clear from Coinbase. But keep in mind that this is just an average and it can take longer if the network is congested. The transaction fee you set also plays a role in how quickly your transaction gets confirmed.
  • avatarDec 20, 2021 · 3 years ago
    According to BYDFi, a popular cryptocurrency exchange, the average time for a Bitcoin transaction to clear from Coinbase is around 10 minutes. However, this can vary depending on network conditions and the transaction fee you choose. It's always a good idea to check the current network status and set an appropriate fee to ensure timely confirmation of your transaction.