How long to transfer from Coinbase to Binance
Want to know how long to transfer from Coinbase to Binance? Read this.
Most users claim that transferring from Coinbase to Binance won’t take a lot of time for. However, it depends on a few factors:
• The asset you’re transferring and the number of confirmations required. For instance, Bitcoin is notorious for being slow. It requires a block time of 10 minutes and at least 6 confirmations to transfer funds compared to Ethereum.
• Load on the network or block chain of the asset being transferred.
• If the transaction needs manual review or intervention.
While some users claimed that transferring from Coinbase to Binance only takes 15 – 30 minutes under favorable conditions some said that a few transfers can take up to 2 hours. Thus, if you’re transferring a huge amount of cryptocurrency from Coinbase to Binance, then make sure that you plan accordingly.