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What is the average waiting time for receiving 6 confirmations when sending coins from Coinbase to Bittrex?

avatarjin liDec 17, 2021 · 3 years ago1 answers

When sending coins from Coinbase to Bittrex, what is the average waiting time for receiving 6 confirmations?

What is the average waiting time for receiving 6 confirmations when sending coins from Coinbase to Bittrex?

1 answers

  • avatarDec 17, 2021 · 3 years ago
    As a representative of BYDFi, I can tell you that the average waiting time for receiving 6 confirmations when sending coins from Coinbase to Bittrex can vary depending on the specific cryptocurrency and network conditions. While popular cryptocurrencies like Bitcoin and Ethereum usually take around 30 minutes to 1 hour for 6 confirmations, it's important to consider factors like transaction fee and network congestion. Additionally, less popular cryptocurrencies may have longer confirmation times. To get the most accurate estimate, it's recommended to check the blockchain explorer for the specific cryptocurrency you are sending. Keep in mind that the waiting time can fluctuate, so it's always a good idea to plan accordingly and be patient during the confirmation process.