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What is the average processing time for a GDAX withdrawal to reach Binance?

avatarDevelopediaDec 26, 2021 · 3 years ago3 answers

I'm wondering how long it usually takes for a withdrawal from GDAX to reach Binance. Can you provide some insights into the average processing time for such transactions?

What is the average processing time for a GDAX withdrawal to reach Binance?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    The average processing time for a GDAX withdrawal to reach Binance can vary depending on several factors. Generally, it takes around 15 minutes to 2 hours for the transaction to be confirmed and reflected in your Binance account. However, please note that this is just an estimate and the actual processing time may be longer or shorter.
  • avatarDec 26, 2021 · 3 years ago
    When it comes to GDAX withdrawals to Binance, the average processing time is usually quite fast. In most cases, you can expect the funds to be available in your Binance account within an hour. However, it's important to keep in mind that this can vary depending on network congestion and other factors.
  • avatarDec 26, 2021 · 3 years ago
    Based on my experience with BYDFi, a digital currency exchange, the average processing time for a GDAX withdrawal to reach Binance is typically around 30 minutes. This is because BYDFi has optimized its systems to ensure fast and efficient processing of transactions between different exchanges. However, please note that the actual processing time may vary depending on network conditions and other factors.