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When can I expect to receive money after selling Bitcoin on Coinbase?

avatarrebeccanngrantqsDec 16, 2021 · 3 years ago3 answers

After selling Bitcoin on Coinbase, when can I expect to receive the money in my account?

When can I expect to receive money after selling Bitcoin on Coinbase?

3 answers

  • avatarDec 16, 2021 · 3 years ago
    Once you sell your Bitcoin on Coinbase, the timing of when you can expect to receive the money in your account depends on several factors. Firstly, it depends on the payment method you have chosen. If you have selected a bank transfer, it usually takes 1-5 business days for the funds to appear in your bank account. However, if you have opted for a PayPal transfer, the funds can be available almost instantly. Additionally, the timing may also be affected by the current network congestion and transaction volume on the Bitcoin blockchain. It's important to note that Coinbase provides estimated arrival times for each payment method during the selling process, so make sure to check those for a more accurate estimate.
  • avatarDec 16, 2021 · 3 years ago
    When you sell Bitcoin on Coinbase, the time it takes for the money to reach your account depends on various factors. If you have chosen a bank transfer, it typically takes a few business days for the funds to be deposited into your bank account. However, if you have opted for a PayPal transfer, the money can be available almost instantly. The exact timing may also be influenced by the current network congestion and transaction fees on the Bitcoin network. To get a more precise estimate, Coinbase provides estimated arrival times for each payment method during the selling process. It's always a good idea to check those estimates to have a better understanding of when you can expect to receive your money.
  • avatarDec 16, 2021 · 3 years ago
    When you sell Bitcoin on Coinbase, the timing of when you can expect to receive the money in your account depends on various factors. Coinbase aims to process transactions as quickly as possible, but the actual time it takes can vary. If you have chosen a bank transfer, it usually takes 1-5 business days for the funds to be credited to your bank account. However, if you have opted for a PayPal transfer, the funds can be available almost instantly. It's worth noting that the availability of funds may also be affected by the current network congestion and transaction volume on the Bitcoin blockchain. For more specific information, you can refer to Coinbase's estimated arrival times for each payment method during the selling process.