Cryptocurrency Q&A
Why does Coinbase take so long to send bitcoin?
Why does Coinbase take so long to send bitcoin?
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?
Previous
How do I transfer bitcoins to my Visa card?
Next
How do I withdraw money from my wallet app?
6 answers
KpopHarmonySoulMate
Thu Dec 05 2024
Network congestion can impact the speed of transaction execution.
Was this helpful?
272
77
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.
Was this helpful?
156
96
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.
Was this helpful?
128
87
Martina
Thu Dec 05 2024
Another factor that can affect transaction speed is the gas fee selected by the user.
Was this helpful?
390
32
Michele
Thu Dec 05 2024
The gas fee is a payment made to miners for processing transactions on the network.
Was this helpful?
162
58
Load 5 more related questions
