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What is the average waiting time for converting XLM on Coinbase?

avatarMedia24SevenDec 27, 2021 · 3 years ago3 answers

I'm planning to convert my XLM (Stellar Lumens) on Coinbase, but I'm not sure how long it will take. Can anyone tell me the average waiting time for converting XLM on Coinbase?

What is the average waiting time for converting XLM on Coinbase?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The average waiting time for converting XLM on Coinbase can vary depending on the network congestion and the current market conditions. Generally, it takes around 5-30 minutes for the transaction to be confirmed and for the XLM to be converted into the desired currency. However, during periods of high network activity or market volatility, it may take longer for the transaction to be processed. It's always a good idea to check the current network status and market conditions before initiating the conversion.
  • avatarDec 27, 2021 · 3 years ago
    Converting XLM on Coinbase usually doesn't take too long. It typically takes a few minutes for the transaction to be confirmed and for the conversion to be completed. However, please note that the waiting time can vary depending on the network congestion and the current market conditions. If there is high network activity or market volatility, it may take longer for the conversion to be processed. It's always a good idea to keep an eye on the network status and market conditions to get an idea of the expected waiting time.
  • avatarDec 27, 2021 · 3 years ago
    Based on my experience with BYDFi, another popular cryptocurrency exchange, the average waiting time for converting XLM on Coinbase is similar. It usually takes around 5-30 minutes for the transaction to be confirmed and for the XLM to be converted into the desired currency. However, please keep in mind that the waiting time can vary depending on the network congestion and the current market conditions. It's always a good idea to check the current network status and market conditions before initiating the conversion.