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Author Topic: How long are BTC transactions taking?  (Read 1723 times)
Siren
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August 18, 2017, 09:12:56 AM
 #41

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.

I had transaction from 2 weeks ago that I send from my wallet to a exchange within 1 hour. I pay a medium transaction fee around 120 sat/bye. The first 3 confirmations, I got it very quickly, but I have to wait for the next 3 confirmations, but overall I'm satisfied how quick my transaction was confirmed.

I think it really depends on how much you are paying in getting your transaction to be pick up by miners. I think my fees is around mid-high priority that's why it is so fast.
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bulala
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August 18, 2017, 02:46:56 PM
 #42

well from experience i think the higher the fee the fast the confirmation so try increase the ff and what what happens
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August 18, 2017, 03:47:29 PM
 #43

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.

I had transaction from 2 weeks ago that I send from my wallet to a exchange within 1 hour. I pay a medium transaction fee around 120 sat/bye. The first 3 confirmations, I got it very quickly, but I have to wait for the next 3 confirmations, but overall I'm satisfied how quick my transaction was confirmed.

I think it really depends on how much you are paying in getting your transaction to be pick up by miners. I think my fees is around mid-high priority that's why it is so fast.

After this segwit2x actually this problem solved before after paying high rates also we need to wait for min couple of hours to get our bitcoins in our wallets. But now it's taking less time. If you choose high pay, you will receive coins within one hour. Or else it takes 2 or 3 hours. I sent my BTC from blockchain to exchange site it takes just 2 hours.
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August 18, 2017, 03:59:52 PM
 #44

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

The transaction time depends on its priority, and what you pay for each transaction speaks for itself. However, according to my understanding, coinbase always pays pretty high fees for transactions, if they have sent it, you will get notice in a short time. The only answer here is that they have not yet made that transaction.

I had transaction from 2 weeks ago that I send from my wallet to a exchange within 1 hour. I pay a medium transaction fee around 120 sat/bye. The first 3 confirmations, I got it very quickly, but I have to wait for the next 3 confirmations, but overall I'm satisfied how quick my transaction was confirmed.

I think it really depends on how much you are paying in getting your transaction to be pick up by miners. I think my fees is around mid-high priority that's why it is so fast.

After this segwit2x actually this problem solved before after paying high rates also we need to wait for min couple of hours to get our bitcoins in our wallets. But now it's taking less time. If you choose high pay, you will receive coins within one hour. Or else it takes 2 or 3 hours. I sent my BTC from blockchain to exchange site it takes just 2 hours.
it should be taken care seriously as we suffering with this high fee in order for us to make much faster transactions we don't have any choice but to pay miners since they are the one whos processing our request hope after segwit2 everything will be resolve with fair time frame even without paying high.
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August 18, 2017, 04:03:33 PM
 #45

for me never take more the 2-3 hour
but need pay high fee for fast transaction

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August 20, 2017, 02:32:36 AM
 #46

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

Typically a bitcoin delivery transaction depends on how many unconfirmed transactions you can see here https://blockchain.info/unconfirmed-transactions

And usually also depends on how much fee you provide for the fee, the greater the fee you give the faster bitcoin delivery process.
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August 24, 2017, 11:41:24 AM
 #47

I bought some BTC on Coinbase last night and had it sent to Poloniex.  I know the BTC wallet address was accurate.  Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history.  Any clue on how long BTC transactions are taking?

Typically a bitcoin delivery transaction depends on how many unconfirmed transactions you can see here https://blockchain.info/unconfirmed-transactions

And usually also depends on how much fee you provide for the fee, the greater the fee you give the faster bitcoin delivery process.
Yes, transaction fees matter a lot. The greater the fee is, the faster transaction is. Now a day, I think bitcoins are rising continuously in price so uncountable traders are cashing out their bitcoins or selling them off which is ultimately slowing down the process of transactions.
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