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Bitcoin => Bitcoin Discussion => Topic started by: Re3urst on December 27, 2017, 02:20:11 AM



Title: How long transfer time from Coinbase/GDAX to Ledger Nano S?
Post by: Re3urst on December 27, 2017, 02:20:11 AM
I just transfered not a large amount of Bitcoin from Coinbase to the Ledger Nano S (segwit address).

How long is this transaction expected to take? I just realized I could have first transferred to GDAX then sent to the Ledger for no fees, but I guess I got excited and my brain wasn't working  :-\ I don't mind the $24 fee, no big deal. Thanks for commenting!


Title: Re: How long transfer time from Coinbase/GDAX to Ledger Nano S?
Post by: mk4 on December 27, 2017, 02:25:17 AM
Since you paid a hefty $24 transaction fee, expect it to arrive sooner or later. Most likely not more than 5 hours or so.
Good move on investing on a Ledger Nano S though. Security should always be a priority ;)


Title: Re: How long transfer time from Coinbase/GDAX to Ledger Nano S?
Post by: Re3urst on December 27, 2017, 03:02:02 AM
Since you paid a hefty $24 transaction fee, expect it to arrive sooner or later. Most likely not more than 5 hours or so.
Good move on investing on a Ledger Nano S though. Security should always be a priority ;)

$24 isn't hefty. Its the price of a nice lunch or lousy dinner in a higher cost of living area in the US ;)

I will plug my Nano S in 3 hours and check. Coinbase had a message on their 'support' site saying that BTC transfers
are delayed 'a couple hours'.

From my reading, it seems like cold storage on the Ledger is a good way to ensure that I would get the Segwit2x fork. Does that sound about right?


Title: Re: How long transfer time from Coinbase/GDAX to Ledger Nano S?
Post by: mk4 on December 27, 2017, 03:09:21 AM
Since you paid a hefty $24 transaction fee, expect it to arrive sooner or later. Most likely not more than 5 hours or so.
Good move on investing on a Ledger Nano S though. Security should always be a priority ;)

$24 isn't hefty. Its the price of a nice lunch or lousy dinner in a higher cost of living area in the US ;)

I will plug my Nano S in 3 hours and check. Coinbase had a message on their 'support' site saying that BTC transfers
are delayed 'a couple hours'.

From my reading, it seems like cold storage on the Ledger is a good way to ensure that I would get the Segwit2x fork. Does that sound about right?


Good for you. But unfortunately for most of us in 3rd world countries, $24 is a good amount of money, probably even good for almost a week's worth of food.

As for the Segwit2x fork, here's what Ledger's CEO said:
Quote
As for all fork we'll provide support if the code base is available, the blockchain exists, and trading is stable across different exchanges
source: https://www.reddit.com/r/ledgerwallet/comments/7lnaz5/segwit2x_fork/


Title: Re: How long transfer time from Coinbase/GDAX to Ledger Nano S?
Post by: RobertoMakeli on December 27, 2017, 03:16:18 AM
I just transfered not a large amount of Bitcoin from Coinbase to the Ledger Nano S (segwit address).

How long is this transaction expected to take? I just realized I could have first transferred to GDAX then sent to the Ledger for no fees, but I guess I got excited and my brain wasn't working  :-\ I don't mind the $24 fee, no big deal. Thanks for commenting!
I make a transaction and fee look like yours 3 days ago and it take me around 4-5 hours to complete