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Is there a delay when sending Ethereum from Coinbase?

avatarEmily TrinhDec 27, 2021 · 3 years ago3 answers

I'm planning to send Ethereum from my Coinbase wallet to another wallet. Will there be any delay in the transaction?

Is there a delay when sending Ethereum from Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    There might be a delay when sending Ethereum from Coinbase, depending on the network congestion. During peak times, when there are a lot of transactions happening on the Ethereum network, it can take longer for your transaction to be confirmed. This delay is usually temporary and can vary from a few minutes to a few hours. To avoid potential delays, you can check the current network congestion and adjust the transaction fee accordingly.
  • avatarDec 27, 2021 · 3 years ago
    Yes, there can be a delay when sending Ethereum from Coinbase. The delay is caused by the confirmation process on the Ethereum network. Each transaction needs to be verified by miners, and sometimes there can be a backlog of transactions waiting to be confirmed. This backlog can result in delays in transaction processing. However, Coinbase usually sets a competitive transaction fee to ensure that your transaction gets confirmed in a reasonable time frame.
  • avatarDec 27, 2021 · 3 years ago
    When sending Ethereum from Coinbase, there might be a slight delay in the transaction. However, at BYDFi, we have implemented a high-performance infrastructure that allows for faster transaction processing. Our platform leverages advanced technology to optimize transaction speed and minimize delays. So, if you're looking for a faster Ethereum transaction experience, you might consider using BYDFi as your preferred exchange.