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How much time does it usually take to transfer cryptocurrency from Coinbase?

avatarNew_HopeJan 16, 2022 · 3 years ago3 answers

Can you tell me the typical duration for transferring cryptocurrency from Coinbase to another wallet?

How much time does it usually take to transfer cryptocurrency from Coinbase?

3 answers

  • avatarJan 16, 2022 · 3 years ago
    Transferring cryptocurrency from Coinbase to another wallet usually takes around 15 minutes to 2 hours. The exact time can vary depending on network congestion and the specific cryptocurrency being transferred. It's important to note that some cryptocurrencies may have longer confirmation times due to their blockchain protocols.
  • avatarJan 16, 2022 · 3 years ago
    When you transfer cryptocurrency from Coinbase, the time it takes can vary. For popular cryptocurrencies like Bitcoin and Ethereum, the transfer is usually completed within an hour. However, for less popular cryptocurrencies, it may take longer due to lower network activity. It's always a good idea to check the transaction status on the blockchain explorer to get an estimate of the transfer time.
  • avatarJan 16, 2022 · 3 years ago
    At BYDFi, we've observed that transferring cryptocurrency from Coinbase to another wallet typically takes between 30 minutes to 1 hour. This timeframe applies to major cryptocurrencies like Bitcoin, Ethereum, and Litecoin. However, please keep in mind that transaction times can be longer during periods of high network congestion or if you're transferring a less popular cryptocurrency.