common-close-0
BYDFi
Trade wherever you are!

How long does it usually take to receive Ethereum when sending it from Coinbase?

avatarJohn ArsbusterDec 25, 2021 · 3 years ago3 answers

When sending Ethereum from Coinbase, how long does it typically take for the transaction to be completed and for the recipient to receive the Ethereum?

How long does it usually take to receive Ethereum when sending it from Coinbase?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    The time it takes for a Ethereum transaction to be completed and for the recipient to receive the Ethereum can vary. Generally, it depends on the network congestion and the transaction fee you set. In normal conditions, it can take anywhere from a few minutes to an hour for the transaction to be confirmed and for the Ethereum to be received. However, during times of high network congestion, it may take longer for the transaction to be processed. It's always a good idea to check the current network status and set an appropriate transaction fee to ensure timely delivery.
  • avatarDec 25, 2021 · 3 years ago
    Ah, the age-old question of how long it takes for Ethereum to arrive when you send it from Coinbase. Well, my friend, the answer is not set in stone. It all depends on a few factors. First, you need to consider the network congestion. If the Ethereum network is busy, it might take a bit longer for your transaction to be confirmed. Second, the transaction fee you set also plays a role. If you set a higher fee, your transaction will likely be prioritized and confirmed faster. So, to give you a ballpark figure, it usually takes anywhere from a few minutes to an hour for the Ethereum to arrive. But remember, it's not an exact science.
  • avatarDec 25, 2021 · 3 years ago
    When sending Ethereum from Coinbase, the time it takes for the transaction to be completed and for the recipient to receive the Ethereum can vary. It typically takes a few minutes to an hour for the transaction to be confirmed and for the Ethereum to be received. However, please note that this is just an estimate and the actual time may be longer or shorter depending on various factors such as network congestion and the transaction fee you set. If you have any concerns about the status of your transaction, you can always check the transaction details on the Ethereum blockchain using a block explorer.