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What is the typical duration for a transfer from Coinbase to Electrum?

avatarTacoNov 26, 2021 · 3 years ago3 answers

I'm wondering how long it usually takes for a transfer from Coinbase to Electrum to complete. Can anyone provide some insights on the typical duration for this type of transfer?

What is the typical duration for a transfer from Coinbase to Electrum?

3 answers

  • avatarNov 26, 2021 · 3 years ago
    The typical duration for a transfer from Coinbase to Electrum can vary depending on several factors. Generally, it takes around 10-30 minutes for the transfer to be confirmed on the blockchain. However, it's important to note that the actual time may be longer due to network congestion or other technical issues. It's always a good idea to check the transaction status on both Coinbase and Electrum to get the most up-to-date information.
  • avatarNov 26, 2021 · 3 years ago
    When transferring from Coinbase to Electrum, the duration can be influenced by network congestion and the transaction fee you set. In general, it should take around 10-30 minutes for the transfer to be confirmed. However, during times of high network activity, it may take longer. It's recommended to check the transaction status on both platforms for real-time updates on the transfer progress.
  • avatarNov 26, 2021 · 3 years ago
    At BYDFi, we have observed that the typical duration for a transfer from Coinbase to Electrum is usually within 10-30 minutes. However, please note that this timeframe can vary depending on network conditions and other factors. It's always a good practice to monitor the transaction status and confirmations on both Coinbase and Electrum to ensure a successful transfer.