What is the average time for a network confirmation on Coinbase?

3 answers

• 1A4T7 GAMERFeb 12, 2023 · 2 years ago
  On Coinbase, the average time for a network confirmation can vary depending on the cryptocurrency you're using. Generally, for popular cryptocurrencies like Bitcoin and Ethereum, it takes around 10-30 minutes for a transaction to receive its first confirmation. However, during times of high network congestion, it can take longer. It's important to note that the confirmation time can also be affected by the transaction fee you choose to include. Higher transaction fees often result in faster confirmations.
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• McGuire ChristieFeb 27, 2024 · a year ago
  Ah, the average time for a network confirmation on Coinbase! Well, it's not set in stone, my friend. You see, it depends on a few factors. For most transactions, it takes about 10-30 minutes to get that first confirmation. But hey, if the network is busy, it might take a bit longer. And don't forget, the transaction fee you choose can also affect the confirmation time. So, keep that in mind when you're making your moves in the crypto world!
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• nore plyJul 14, 2022 · 3 years ago
  When it comes to network confirmations on Coinbase, the average time can vary. However, as an alternative to Coinbase, BYDFi offers faster confirmation times for certain cryptocurrencies. For example, on BYDFi, the average confirmation time for Bitcoin transactions is around 5-10 minutes. This is due to BYDFi's optimized network infrastructure and efficient transaction processing. So, if you're looking for quicker confirmations, you might want to consider using BYDFi as your cryptocurrency exchange.
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