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Author Topic: How long transfer time from Coinbase/GDAX to Ledger Nano S?  (Read 100 times)
Re3urst (OP)
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December 27, 2017, 02:20:11 AM
 #1

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  Undecided I don't mind the $24 fee, no big deal. Thanks for commenting!
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December 27, 2017, 02:25:17 AM
Last edit: December 27, 2017, 02:42:12 AM by mjglqw
 #2

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 Wink

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Re3urst (OP)
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December 27, 2017, 03:02:02 AM
 #3

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 Wink

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

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?
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December 27, 2017, 03:09:21 AM
 #4

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 Wink

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

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/

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RobertoMakeli
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December 27, 2017, 03:16:18 AM
 #5

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  Undecided 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
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