Question about coinbase.com - I have confirmation problem!

[BlackHatCoiner]

But about coinbase, I'm telling you I didn't submit any emails.

Coinbase have two apps - an app for their exchange (just called "Coinbase" or "Coinbase Pro") and an app for their standalone wallet (called "Coinbase Wallet").

If you have downloaded their exchange app, then you must either create an account with an email address, or log in to an already existing account.

If you have downloaded their wallet app (which you most likely have), then you will be asked to give a username only and no email address. Since this is a mobile wallet and not an exchange account, you should click on "Settings" and copy your recovery phrase down on to paper.

It seems that the website redirected me to coinbase as a result the username had been submitted.

[o_e_l_e_o]

It seems that the website redirected me to coinbase as a result the username had been submitted.

What website are we talking about here? If it wasn't the official Coinbase website, then I would be very careful to make sure you have downloaded the real wallet app and not a malicious clone or look-a-like. There are an endless number of fake wallets out there, some of which look very convincing, and some of which you will find on the Google or Apple app stores.

You should only be downloading wallets or exchange apps direct from the developer or exchange themselves, and you should never be following links on, or downloading things from, random websites.

[BlackHatCoiner]

It seems that the website redirected me to coinbase as a result the username had been submitted.

What website are we talking about here? If it wasn't the official Coinbase website, then I would be very careful to make sure you have downloaded the real wallet app and not a malicious clone or look-a-like. There are an endless number of fake wallets out there, some of which look very convincing, and some of which you will find on the Google or Apple app stores.

You should only be downloading wallets or exchange apps direct from the developer or exchange themselves, and you should never be following links on, or downloading things from, random websites.

No no, I sent the bitcoins through electrum wallet. I didn't download any other wallets.

Anyway I now looked how many satoshis I spent for the transaction. I spent 462 and then I remembered I had done a faucetpay.io withdrawal with only 400 satoshis fee. It came within a day. I think this will take that long too.

[o_e_l_e_o]

No no, I sent the bitcoins through electrum wallet. I didn't download any other wallets.

I was meaning where you download the Coinbase app from, since it seems you didn't know there was difference between their exchange app and their wallet app, and you were unfamiliar with the set up process. It's very risky to have downloaded an app without fully understanding it and immediately send coins to it. This is how people get scammed.

I think this will take that long too.

The transaction you linked on the previous page of this thread (11acf3887ab8d8ba3a607784eca42b39fab0f385abfdf6812d59055207d95eab) has already confirmed.

[BlackHatCoiner]

No no, I sent the bitcoins through electrum wallet. I didn't download any other wallets.

I was meaning where you download the Coinbase app from, since it seems you didn't know there was difference between their exchange app and their wallet app, and you were unfamiliar with the set up process. It's very risky to have downloaded an app without fully understanding it and immediately send coins to it. This is how people get scammed.

I think this will take that long too.

The transaction you linked on the previous page of this thread (11acf3887ab8d8ba3a607784eca42b39fab0f385abfdf6812d59055207d95eab) has already confirmed.

Yep, I just saw it after I submitted the previous post 
So it took 5 hours for 462 satoshis. One question, I remember I had chosen 2.2 per byte. Can I somehow know how many bytes will my transaction be? So I can calculate the whole fee next time.

[o_e_l_e_o]

So it took 5 hours for 462 satoshis. One question, I remember I had chosen 2.2 per byte. Can I somehow know how many bytes will my transaction be? So I can calculate the whole fee next time.

The whole fee isn't the relevant number when calculating how long it will take a transaction to confirm. The fee per vbyte is the number you want. Blocks can only contain so much data, and so miners will prioritize transactions with the higher fee per vbyte to maximize their profits. Paying 500 sats for a tiny transaction might confirm it very quickly, whereas 500 sats for a larger transaction will take longer.

If you are sending from Electrum again, once you have selected your inputs, outputs, and amount to send, it will automatically calculate the size of the transaction for you. If you click on "Tools", then "Preferences", then select "Edit fees manually", it will then display the size of your transaction next to the "Fee" input box. You should input the fee in sat/byte you wish to use depending on how full the mempool is and how urgent your transaction is, and Electrum will automatically work out the total fee you need to pay.

[Abdussamad]

he's using coinbase at a merchant's site as a payment processor.

if coinbase is happy you don't need to bump the fee. besides as you said yourself you can't afford to bump the fee.

it'll confirm in a week or so at the most.

What would happen if I had set the fewest fee? like 1 satoshi. Would I lose my money? But they would go where? Nowhere?

it'll confirm in a week or two like i said. if you didn't want to wait you'd have to use your wallet to bump the fee so it confirms faster. here's a guide on how to do that:

https://bitcoinelectrum.com/frequently-asked-questions/#my-bitcoin-transaction-is-not-confirming-what-can-i-do