Bitcoin Forum

Economy => Service Discussion => Topic started by: plogank on March 09, 2014, 02:50:07 AM



Title: Coinbase Slow
Post by: plogank on March 09, 2014, 02:50:07 AM
Why do you suppose it took Coinbase around 3 hours to actually transfer my coins after they said they had? Normally its instantaneous.


Title: Re: Coinbase Slow
Post by: likeflint on March 09, 2014, 02:58:33 AM
Transfers are generally slow in Coinbase. I'm not sure if it has something to do with all of their security features, but that's normal. On the transactions page don't click to learn more button, click the view advanced details button and you can see where your transaction is at. In my experience the first confirmation usually doesn't take place until an hour after I enter the withdrawal. It has taken as long as three hours for me too, it's just sort of the way Coinbase works. Another possibility is that the coins aer being held in a cold wallet and it takes some time to make them hot so that you can withdraw them


Title: Re: Coinbase Slow
Post by: plogank on March 09, 2014, 06:01:39 AM
Thanks for your input.

For me, every time I've used Coinbase and made a BTC withdrawal it has immediately appeared in my wallet.  This time about 3 hours. Admittedly, I don't use it that often. Just when I want to make a transaction. That way I replenish what I used.

Another thought, I made this transfer late at night. Perhaps they don't keep as much on hand during that time.  Who knows?


Title: Re: Coinbase Slow
Post by: trustnobody on March 09, 2014, 08:43:32 AM
Yes I had quite the same situation and also noticed that during night time it was a bit slow, don't worry


Title: Re: Coinbase Slow
Post by: PerrythePlatypus on March 09, 2014, 08:47:20 AM
Thanks for your input.

For me, every time I've used Coinbase and made a BTC withdrawal it has immediately appeared in my wallet.  This time about 3 hours. Admittedly, I don't use it that often. Just when I want to make a transaction. That way I replenish what I used.

Another thought, I made this transfer late at night. Perhaps they don't keep as much on hand during that time.  Who knows?
I used to have nearly every transaction taking up to 24-48 hours. They will eventually cancel. Fixed now though, only have it occasionally. Use it because it have no transaction fees.