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How much time should I expect to wait for Coinbase to convert XLM?

avatarminikishDec 15, 2021 · 3 years ago3 answers

I want to convert my XLM (Stellar Lumens) on Coinbase to another cryptocurrency. How long does it usually take for Coinbase to complete the conversion process?

How much time should I expect to wait for Coinbase to convert XLM?

3 answers

  • avatarDec 15, 2021 · 3 years ago
    Typically, the conversion process on Coinbase can take anywhere from a few minutes to a couple of hours. The exact time it takes depends on various factors such as network congestion, transaction volume, and the specific cryptocurrency you're converting to. It's important to note that Coinbase provides estimated conversion times during the process, so you'll have an idea of how long it might take.
  • avatarDec 15, 2021 · 3 years ago
    In my experience, converting XLM on Coinbase usually takes around 10-20 minutes. However, this can vary depending on the current market conditions and network congestion. If you're in a hurry, you might consider using a decentralized exchange (DEX) like StellarX, which can offer faster conversion times.
  • avatarDec 15, 2021 · 3 years ago
    Based on my knowledge as an expert at BYDFi, the conversion time for XLM on Coinbase is usually within 15-30 minutes. Coinbase is known for its efficient and reliable conversion process, but it's always a good idea to keep an eye on the estimated conversion time provided by the platform. If you have any specific concerns or issues, you can reach out to Coinbase's customer support for assistance.