Cryptocurrency Q&A Why is it taking so long to receive Bitcoin on Coinbase?

Why is it taking so long to receive Bitcoin on Coinbase?

CryptoPioneer CryptoPioneer Sun Dec 01 2024 | 7 answers 1822
I'm wondering why it's taking such a long time for my Bitcoin transaction to be received on Coinbase. I've been waiting for hours and still haven't seen the funds appear in my account. Is there a delay or an issue with Coinbase? Why is it taking so long to receive Bitcoin on Coinbase?

7 answers

ShintoMystical ShintoMystical Tue Dec 03 2024
For US clients, Coinbase employs the conventional ACH bank transfer method to procure funds from users' banks.

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KDramaCharm KDramaCharm Tue Dec 03 2024
The ACH bank transfer system is not primarily designed with swiftness in mind.

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ZenMind ZenMind Tue Dec 03 2024
As a result, there is a noticeable delay in the transfer of digital currency.

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CryptoMagician CryptoMagician Tue Dec 03 2024
Once a purchase is initiated on Coinbase, users must wait a considerable amount of time for their digital currency to arrive.

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alexander_watson_astronaut alexander_watson_astronaut Mon Dec 02 2024
Specifically, it takes approximately 4-5 business days for the digital currency to be credited to a user's wallet.

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