common-close-0
BYDFi
Trade wherever you are!

What is the typical turnaround time for sending BTC bought from Coinbase?

avatarJaskirat KaurDec 19, 2021 · 3 years ago3 answers

I recently purchased BTC from Coinbase and I'm wondering how long it usually takes for the transaction to be completed and the BTC to be sent to my wallet. Can anyone provide information on the typical turnaround time for sending BTC bought from Coinbase?

What is the typical turnaround time for sending BTC bought from Coinbase?

3 answers

  • avatarDec 19, 2021 · 3 years ago
    The typical turnaround time for sending BTC bought from Coinbase can vary depending on network congestion and other factors. In general, it can take anywhere from a few minutes to a few hours for the transaction to be confirmed and the BTC to be sent to your wallet. It's important to note that Coinbase may also have their own processing time before initiating the transaction. Make sure to check your Coinbase account and wallet for any updates on the transaction status.
  • avatarDec 19, 2021 · 3 years ago
    When it comes to sending BTC bought from Coinbase, the turnaround time can be influenced by various factors. Network congestion, transaction fees, and the speed at which Coinbase processes the transaction can all play a role. Typically, it takes around 10-30 minutes for the transaction to be confirmed and the BTC to be sent to your wallet. However, during periods of high network activity, it may take longer. Keep an eye on your Coinbase account and wallet for real-time updates on the transaction progress.
  • avatarDec 19, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the typical turnaround time for sending BTC bought from Coinbase is usually within 10-60 minutes. However, it's important to note that this can vary depending on the current network conditions and the transaction fee you've set. Coinbase has a reputation for fast and reliable transactions, but factors like network congestion and blockchain confirmations can affect the overall time it takes for the BTC to be sent to your wallet. Rest assured, Coinbase is known for providing timely updates on transaction status, so you can track the progress of your transaction easily.