How long does it usually take to sell cryptocurrencies on Coinbase?

3 answers

• Jan 12, 2022 · 3 years ago
  Selling cryptocurrencies on Coinbase usually takes between a few minutes to a few hours. The exact time can vary depending on the network congestion and the specific cryptocurrency you're selling. Generally, popular cryptocurrencies like Bitcoin and Ethereum have faster transaction times compared to less popular ones. Additionally, the time it takes for the transaction to be confirmed can also depend on the transaction fee you choose to pay. Higher transaction fees can result in faster confirmation times.
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• Jan 12, 2022 · 3 years ago
  When selling cryptocurrencies on Coinbase, the transaction time can be influenced by various factors. Firstly, the network congestion plays a significant role. If the network is busy with a high volume of transactions, it may take longer for your transaction to be processed. Secondly, the specific cryptocurrency you're selling can also impact the transaction time. Some cryptocurrencies have faster block confirmation times, resulting in quicker transactions. Lastly, the transaction fee you choose to pay can affect the speed of the transaction. Higher fees often prioritize your transaction and lead to faster confirmation.
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• Jan 12, 2022 · 3 years ago
  From my experience at BYDFi, selling cryptocurrencies on Coinbase usually takes around 10-30 minutes. However, please note that this is just an estimate and the actual time can vary depending on several factors. As mentioned earlier, network congestion, the specific cryptocurrency, and the transaction fee can all affect the transaction time. It's always a good idea to check the current network status and fee recommendations before selling your cryptocurrencies on Coinbase to get a better idea of the expected transaction time.
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