Cryptocurrency Q&A
Why do Coinbase transfers take so long?
Why do Coinbase transfers take so long?
Martina
Wed Dec 18 2024
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7 answers
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I've been using Coinbase for crypto transfers, but I've noticed that the transfers seem to take much longer than I expected. I'm wondering why Coinbase transfers are so slow.
7 answers
SejongWisdomSeeker
Fri Dec 20 2024
When trading activity is high, or the network experiences congestion, processing transactions becomes slower.
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Silvia
Fri Dec 20 2024
This occurs because numerous transactions are competing for limited block space.
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CryptoAlly
Fri Dec 20 2024
As a result, it takes longer for individual transactions to be confirmed and completed.
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Eleonora
Fri Dec 20 2024
The prolonged transfer duration of coins on the Coinbase wallet can be explained by various reasons.
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SejongWisdomKeeperEliteMind
Fri Dec 20 2024
One of the main factors is network congestion.
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