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Is there a standard duration for transferring ETH from Coinbase to Binance?

avatarbusitema univessityDec 27, 2021 · 3 years ago3 answers

I want to transfer ETH from Coinbase to Binance. Is there a standard duration for this transfer? How long does it usually take for the ETH to be credited to my Binance account?

Is there a standard duration for transferring ETH from Coinbase to Binance?

3 answers

  • avatarDec 27, 2021 · 3 years ago
    The duration for transferring ETH from Coinbase to Binance can vary depending on network congestion and other factors. In general, it usually takes around 15-30 minutes for the transfer to be completed. However, during times of high network activity, it may take longer. It's always a good idea to check the current network status and transaction fees before making the transfer to get an estimate of the duration.
  • avatarDec 27, 2021 · 3 years ago
    Transferring ETH from Coinbase to Binance is usually a quick process. Once you initiate the transfer, it typically takes a few minutes for the transaction to be confirmed on the Ethereum network. After the confirmation, the ETH will be credited to your Binance account. However, please note that network congestion and other factors can sometimes cause delays, so the actual duration may vary.
  • avatarDec 27, 2021 · 3 years ago
    When transferring ETH from Coinbase to Binance, the duration can vary depending on the network conditions. It usually takes a few minutes to complete the transfer, but during times of high network congestion, it may take longer. It's important to note that the duration is not controlled by BYDFi or any other exchange, but rather by the Ethereum network itself. You can track the progress of your transfer by checking the transaction hash on the Ethereum blockchain explorer.