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How much time does it typically take for an Ethereum transaction to go through on Coinbase?

avatarSandeep ManerkarDec 27, 2021 · 3 years ago5 answers

Can you tell me the average time it takes for an Ethereum transaction to be confirmed on Coinbase?

How much time does it typically take for an Ethereum transaction to go through on Coinbase?

5 answers

  • avatarDec 27, 2021 · 3 years ago
    On average, it takes around 10-20 minutes for an Ethereum transaction to be confirmed on Coinbase. However, the actual time can vary depending on network congestion and the gas price you set for the transaction. If the network is busy, it may take longer for your transaction to go through. Make sure to set a reasonable gas price to ensure faster confirmation.
  • avatarDec 27, 2021 · 3 years ago
    Well, when it comes to Ethereum transactions on Coinbase, you can expect it to take anywhere from a few minutes to half an hour for the transaction to be confirmed. It's important to note that this is just an average estimate and the actual time can be influenced by various factors such as network congestion and gas price. So, if you're in a hurry, consider setting a higher gas price to speed things up.
  • avatarDec 27, 2021 · 3 years ago
    As an expert in the field, I can tell you that Ethereum transactions on Coinbase usually take around 10-20 minutes to go through. However, it's worth mentioning that this is just an average and the actual time can be shorter or longer depending on the network conditions. If you're experiencing delays, you might want to check the gas price you've set for the transaction and adjust it accordingly. Remember, higher gas price means faster confirmation.
  • avatarDec 27, 2021 · 3 years ago
    When it comes to Ethereum transactions on Coinbase, the average confirmation time is typically around 10-20 minutes. However, keep in mind that this can vary depending on the network congestion and the gas price you've set. If the network is busy, it might take a bit longer for your transaction to get confirmed. So, if you're in a hurry, consider increasing the gas price to prioritize your transaction.
  • avatarDec 27, 2021 · 3 years ago
    At BYDFi, we've observed that Ethereum transactions on Coinbase usually take around 10-20 minutes to be confirmed. However, please note that this is just an average and the actual time can be influenced by factors such as network congestion and gas price. If you're experiencing delays, you might want to consider adjusting the gas price or trying a different time when the network is less congested.