How long does it take to receive Bitcoin on Coinbase

All Bitcoin transactions require 6 confirmations in the blockchain from miners before they’re processed. Generally speaking, Bitcoin transactions usually take 1 to 1.5 hours to complete. However, there can be delays in the transaction if there is a high volume of transactions taking place at the same time.

In general sending Bitcoin can take anywhere from seconds to over 60 minutes. Typically, however, it will take 10 to 20 minutes . In order to understand how long bitcoin transactions may take, it’s important to understand what occurs when sending bitcoin.16 Şub 2022

The transactions are considered to be unconfirmed or pending until a miner confirms the transaction. A new block is mined every 10 minutes on average. That is, bitcoin transactions cannot be processed instantly. When there are more transactions to be processed in the network, it takes longer to process the transaction .