What is the average time for a pending transaction to get confirmed on Coinbase?
Nemo StreamsDec 27, 2021 · 3 years ago3 answers
I'm new to Coinbase and I'm wondering how long it usually takes for a pending transaction to get confirmed on the platform. Can anyone provide some insights on the average time it takes for transactions to be confirmed on Coinbase?
3 answers
- Dec 27, 2021 · 3 years agoOn average, it takes about 10 minutes for a pending transaction to get confirmed on Coinbase. However, this can vary depending on network congestion and transaction fees. It's always a good idea to check the current status of your transaction on the Coinbase website or app for the most up-to-date information.
- Dec 27, 2021 · 3 years agoThe average time for a pending transaction to get confirmed on Coinbase is typically around 10-20 minutes. However, during times of high network congestion, it can take longer. Coinbase prioritizes transactions based on the fees attached to them, so if you want your transaction to be confirmed faster, consider increasing the transaction fee.
- Dec 27, 2021 · 3 years agoAt BYDFi, we've noticed that the average time for a pending transaction to get confirmed on Coinbase is usually within 10 minutes. However, it's important to note that this can vary depending on the current network conditions. Coinbase has implemented various measures to ensure faster transaction confirmations, but external factors such as network congestion can still impact the confirmation time.
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