How much time does it usually take for BTC to reach Electrum from Coinbase?

I would like to know the average time it takes for Bitcoin (BTC) to be transferred from Coinbase to Electrum. Can anyone provide an estimate?

3 answers
- Typically, the transfer time for BTC from Coinbase to Electrum can vary. It depends on several factors such as network congestion, transaction fees, and the speed at which Coinbase processes the withdrawal. In general, it can take anywhere from a few minutes to a few hours for the BTC to reach Electrum. However, during periods of high network activity, it may take longer. It's always a good idea to check the transaction status on both Coinbase and Electrum to track the progress.
Mar 20, 2022 · 3 years ago
- Well, it's like waiting for a pizza delivery. Sometimes it arrives within 30 minutes, and other times it takes an hour or more. Similarly, transferring BTC from Coinbase to Electrum can take anywhere from a few minutes to a few hours. It depends on how busy the Bitcoin network is and how quickly Coinbase processes the transaction. So, sit back, relax, and keep an eye on your Electrum wallet.
Mar 20, 2022 · 3 years ago
- Based on my experience with BYDFi, it usually takes around 10-20 minutes for BTC to reach Electrum from Coinbase. However, please note that this is just an estimate and the actual transfer time may vary depending on network conditions and transaction volume. It's always a good practice to double-check the transaction status on both Coinbase and Electrum to ensure a successful transfer.
Mar 20, 2022 · 3 years ago
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