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?
6 answers
KpopHarmonySoulMate
Thu Dec 05 2024
Network congestion can impact the speed of transaction execution.
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.
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.
Martina
Thu Dec 05 2024
Another factor that can affect transaction speed is the gas fee selected by the user.
Michele
Thu Dec 05 2024
The gas fee is a payment made to miners for processing transactions on the network.