Bitcoin Forum

Other => Beginners & Help => Topic started by: Tommy92l on December 07, 2017, 03:21:28 AM



Title: Purchased small amount of bitcoin from coinbase, question regarding arrival of c
Post by: Tommy92l on December 07, 2017, 03:21:28 AM
So I purchased $50 bucks worth of bitcoin. I know it's negligible but I just wanted to see how this all works.

It tells me it will arrive in 8 days.

With that being said - will the amount that arrives in 8 days be worth the amount THEN or the amount when I purchased it?


Title: Re: Purchased small amount of bitcoin from coinbase, question regarding arrival of c
Post by: Bitfort on December 07, 2017, 03:32:35 AM
So I purchased $50 bucks worth of bitcoin. I know it's negligible but I just wanted to see how this all works.

It tells me it will arrive in 8 days.

With that being said - will the amount that arrives in 8 days be worth the amount THEN or the amount when I purchased it?

Hi and welcome in this interesting world.

Thats's question. I believe it should be locked to the price at the moment you confirmed the purchase but I'm not 100% sure about.
Haven't you been provided with ratio and amount of BTCs you will receive before the actual trade confirmation?

Just for the record, the delay is most probably caused by the fiat transfer ( confirmations identity with bank etc. ) not on the BTC side.


Title: Re: Purchased small amount of bitcoin from coinbase, question regarding arrival of c
Post by: Tommy92l on December 07, 2017, 03:40:28 AM
Correct, I did go through the bank. Thank you for your response !