Is there a delay when sending Ethereum from Coinbase?

I'm planning to send Ethereum from my Coinbase wallet to another wallet. Will there be any delay in the transaction?

3 answers
- There might be a delay when sending Ethereum from Coinbase, depending on the network congestion. During peak times, when there are a lot of transactions happening on the Ethereum network, it can take longer for your transaction to be confirmed. This delay is usually temporary and can vary from a few minutes to a few hours. To avoid potential delays, you can check the current network congestion and adjust the transaction fee accordingly.
Apr 19, 2022 · 3 years ago
- Yes, there can be a delay when sending Ethereum from Coinbase. The delay is caused by the confirmation process on the Ethereum network. Each transaction needs to be verified by miners, and sometimes there can be a backlog of transactions waiting to be confirmed. This backlog can result in delays in transaction processing. However, Coinbase usually sets a competitive transaction fee to ensure that your transaction gets confirmed in a reasonable time frame.
Apr 19, 2022 · 3 years ago
- When sending Ethereum from Coinbase, there might be a slight delay in the transaction. However, at BYDFi, we have implemented a high-performance infrastructure that allows for faster transaction processing. Our platform leverages advanced technology to optimize transaction speed and minimize delays. So, if you're looking for a faster Ethereum transaction experience, you might consider using BYDFi as your preferred exchange.
Apr 19, 2022 · 3 years ago

Related Tags
Hot Questions
- 78
What are the best practices for reporting cryptocurrency on my taxes?
- 76
What are the tax implications of using cryptocurrency?
- 59
How can I minimize my tax liability when dealing with cryptocurrencies?
- 57
How can I protect my digital assets from hackers?
- 56
What is the future of blockchain technology?
- 50
What are the advantages of using cryptocurrency for online transactions?
- 23
How can I buy Bitcoin with a credit card?
- 8
How does cryptocurrency affect my tax return?