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Bitcoin transfer from Coinbase to bittrex taking forever
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Topic: Bitcoin transfer from Coinbase to bittrex taking forever (Read 94 times)
toddfw2003
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Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:06:01 PM
#1
Its been 3 hours. should I be worried
WindForce
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Re: Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:09:45 PM
#2
I did from Cryptopia to Bitrex yesterday took 15 minutes including confirmations ( i was worry because people talked about stuck transactions lately), but sometimes i had transactions stuck for a few hours
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coolcountry
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Re: Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:11:35 PM
#3
It is not only a coinbase / bittrex thing, it is a bitcoin thing. Due to the network congestion in the past few days, transactions are taking way longer than normal. In any case, remain patient and follow up on your transaction by checking the blockchain.
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Re: Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:20:51 PM
#4
I can assure you that the problem is not with coinbase or bittrex, it's with bitcoin network. The network is currently congested with around 280513+ unconfirmed transactions. You can check it through the below link,
https://blockchain.info/unconfirmed-transactions
Due to such huge unconfirmed transactions, the network fees has become insanely high. For a simple $370 transaction, the blockchain wallet is asking for $68 transaction fees. This is insane and that is the reason why the price of bitcoin is going lower constantly and people are moving to altcoin like ETH and Ripple.
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toddfw2003
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Re: Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:24:32 PM
#5
that sucks. I should have eth or something and transfered it. wonder how long it will take
toddfw2003
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Re: Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:37:03 PM
#6
Yeh, they charged me 50 bucks. WTF!!!
kahc
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Re: Bitcoin transfer from Coinbase to bittrex taking forever
December 21, 2017, 07:41:52 PM
#7
Quote from: toddfw2003 on December 21, 2017, 07:37:03 PM
Yeh, they charged me 50 bucks. WTF!!!
Yupp, sucks to send transaction in these network congested times.
If you sent from GDAX instead of Coinbase, you would have avoided the $50 fee.
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