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how long does it take to send from coinbase wallet to coinbase

Transferring funds from Coinbase Wallet to Coinbase can take as little as seconds for instant transactions or up to an hour for on-chain Bitcoin and Ethereum transactions, depending on network congestion and fee levels.

Oct 27, 2024 at 11:28 am

How Long Does it Take to Send from Coinbase Wallet to Coinbase?

Transferring funds between Coinbase Wallet and Coinbase exchange generally takes a short time, typically within the following timeframes:

1. On-Chain Transactions (Blockchain Confirmation Time):

  • Bitcoin (BTC): 10-60 minutes (depending on transaction fees)
  • Ethereum (ETH): 10-30 minutes

2. Instant Transactions (No Blockchain Confirmation):

  • Coinbase offers instant transfers for specific cryptocurrencies (e.g., USDC):

    • Typically completed within a matter of seconds to minutes

Additional Factors:

  • Transaction Volume: Network congestion can slow down transaction processing.
  • Transaction Fees: Higher transaction fees may expedite processing.
  • Account Status: Coinbase may require additional verification or security measures for certain accounts, which can delay processing.

Note:

  • Coinbase Wallet and Coinbase exchange are separate but connected services.
  • Sending funds between these two platforms is not considered a withdrawal or deposit.
  • Once a transaction is initiated, you can track its status in your Coinbase Wallet or Coinbase account history.

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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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