What is the average time it takes to transfer BTC from Coinbase to Poloniex?
Eric WrightDec 26, 2021 · 3 years ago3 answers
I would like to know the average time it usually takes to transfer Bitcoin (BTC) from Coinbase to Poloniex. Can anyone provide an estimate?
3 answers
- Dec 26, 2021 · 3 years agoThe average time it takes to transfer BTC from Coinbase to Poloniex can vary depending on network congestion and other factors. However, in general, it usually takes around 10-30 minutes for the transaction to be confirmed and reflected in your Poloniex account. Keep in mind that this is just an estimate and actual transfer times may differ.
- Dec 26, 2021 · 3 years agoTransferring BTC from Coinbase to Poloniex is usually a fairly quick process. As long as the Bitcoin network is not congested, the transfer should be completed within a few minutes. However, during times of high network activity, it may take longer for the transaction to be confirmed. It's always a good idea to check the current network status and transaction fees before initiating a transfer.
- Dec 26, 2021 · 3 years agoBased on my experience with BYDFi, the average time it takes to transfer BTC from Coinbase to Poloniex is around 15-20 minutes. However, please note that this can vary depending on network conditions and the speed at which the transaction is processed. It's always a good idea to double-check the transaction details and ensure that you have entered the correct wallet addresses before initiating the transfer.
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