Cryptocurrency Q&A Why does Coinbase take so long to send bitcoin?

Why does Coinbase take so long to send bitcoin?

CoinMaster CoinMaster Tue Dec 03 2024 | 6 answers 1197
I've been waiting for a really long time for my Bitcoin transaction to go through on Coinbase. It's taking way longer than I expected. Why does it take Coinbase so long to send bitcoin? Why does Coinbase take so long to send bitcoin?

6 answers

KpopHarmonySoulMate KpopHarmonySoulMate Thu Dec 05 2024
Network congestion can impact the speed of transaction execution.

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SumoHonor SumoHonor Thu Dec 05 2024
If a user chooses a lower gas fee, it may not be sufficient to incentivize miners to prioritize their transaction.

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Dreamchaser Dreamchaser Thu Dec 05 2024
When the network is overwhelmed with a high volume of transactions, it may take longer for individual transactions to be processed.

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Martina Martina Thu Dec 05 2024
Another factor that can affect transaction speed is the gas fee selected by the user.

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Michele Michele Thu Dec 05 2024
The gas fee is a payment made to miners for processing transactions on the network.

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