What is the expected duration for obtaining 6 confirmations when transferring digital assets from Coinbase to Bittrex?

3 answers

• Caroline Mella CrippaDec 15, 2024 · 8 months ago
  The expected duration for obtaining 6 confirmations when transferring digital assets from Coinbase to Bittrex can vary depending on several factors. Generally, it takes about 30 minutes to 1 hour for a transaction to receive the first confirmation. Subsequent confirmations usually take an average of 10 minutes each. Therefore, it may take approximately 1 hour and 30 minutes to 2 hours to obtain 6 confirmations. However, please note that this is just an estimate and the actual duration can be influenced by network congestion and other external factors.
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• Chris BatchelorDec 19, 2020 · 5 years ago
  When you transfer digital assets from Coinbase to Bittrex, it usually takes around 1 hour to obtain the first confirmation. After that, each additional confirmation typically takes about 10 minutes. So, to get 6 confirmations, you can expect it to take approximately 1 hour and 1 hour and 10 minutes. Keep in mind that this is an average estimate and the actual duration may vary depending on network conditions and other factors.
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• Chandan SSep 04, 2024 · a year ago
  When it comes to transferring digital assets from Coinbase to Bittrex, the expected duration for obtaining 6 confirmations can vary. However, based on my experience with BYDFi, a digital asset exchange, it usually takes around 30 minutes to 1 hour for the first confirmation to be received. Subsequent confirmations then take approximately 10 minutes each. Therefore, you can expect it to take around 1 hour and 30 minutes to 2 hours to obtain 6 confirmations. Please note that these timeframes are approximate and can be influenced by network congestion and other factors.
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