Why coin base take so long to deliver a coin?

[Philpsticks]

One thing I've noticed about the coinbase exchange is that every transaction I make there takes a very long time to confirm. For example, imagine purchasing some bitcoin and having it take about 6 days to reflect. Sending bitcoin also takes some time to confirm transactions. This experience has led me to wonder why this is the case when compared to other exchanges I've heard of, such as Binance and many others.

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[OmegaStarScream]

Some payment methods take 3-5 business days to complete. You should look into this article[1].

As for you sending Bitcoin to them, then it looks like they only require 2 confirmations[2] before crediting the funds so you should just make sure you're paying enough fees[3] when sending.

[1] https://help.coinbase.com/en/coinbase/trading-and-funding/buying-selling-or-converting-crypto/why-does-a-buy-take-so-long
[2] https://help.coinbase.com/en/coinbase/getting-started/crypto-education/glossary/confirmations
[3] https://mempool.space/

[BitMaxz]

About sending BTC from Coinbase to other wallets or exchanges based on my old experience using it Coinbase does not have the option to manually set the transaction fee they sometimes deduct TX fees too high or sometimes too low due to delays in their system to check mempool fee the TX fees sometimes low/high that is the disadvantage of using exchanges not only Coinbase but also other exchanges. However, Coinbase is very buggy I sometimes experience that even if the transaction was confirmed or more than 3 confirmations the balance on my account didn't change or the BTC that I deposit didn't reflect in this case you have to report it to their support to fix the issue.

About confirmation when you receive BTC like the above said Coinbase have 2 confirmations required before it reflects unlike Binance or other exchange only requires 1 confirmation after you deposit.

Why stay on Coinbase they gradually remove inactive customers from their exchange you can switch to a better exchange like Binance.

[PX-Z]

Sending and receiving bitcoin were affected from different things especially the time of transaction when the network become congested especially these past few days where bitcoin rises at 30k. Also, the fees which was explained above.
If you experienced this for several times already and still the same, then its their system is the problem.

[Husires]

It is not supposed to take 6 days to confirm the transaction.
What happens to your account is not normal unless you used an international bank transfer and sent those currencies before the weekend, then it will take 5 to 6 days.
Can you provide us with a screenshot of the account, or at least contact the support team to find out the reason?

In terms of the speed of deposit and withdrawal, it is assumed that all CEXs have the same time.

[palle11]

What happens to your account is not normal unless you used an international bank transfer and sent those currencies before the weekend, then it will take 5 to 6 days.

This is possible to be the issue your are facing if you were dealing in fiat and depending on the time you were sending if the operators have gone for weekend or holiday for few days, anything on this could be possible.  If you are dealing on cryptocurrency to cryptocurrency, usually it is suppose to reflect after 1 confirmation. If there is delay it could be low fees charged if you manually set it by yourself but I know in binance fees are automatically set and so you don't have such issues with that. At most you can reach out to customer care service.

[Husires]

This is possible to be the issue your are facing if you were dealing in fiat and depending on the time you were sending if the operators have gone for weekend or holiday for few days, anything on this could be possible.

What are you trying to say or what point do you want to make?   Are you almost confirming what I said or what?

I see that the topic has not been updated for more than 10 days, Coinbase is a popular platform and the user did not update that he was scammed despite being active, we can say that his problem has been solved and there is no need for more hypotheses about it.

[Findingnemo]

One thing I've noticed about the coinbase exchange is that every transaction I make there takes a very long time to confirm. For example, imagine purchasing some bitcoin and having it take about 6 days to reflect. Sending bitcoin also takes some time to confirm transactions. This experience has led me to wonder why this is the case when compared to other exchanges I've heard of, such as Binance and many others.

Usually sending BTC from coinbase will be included in the next block itself unless there is sudden clog in the mempool because they always set the fee higher than the fee required to get included in the next block and to my best of knowledge coinbase wallet doesn't have feature to adjust fee as per your wish.

About fiat withdrawal it depends on your bank side and what kind of payment mode you're really using.

[merekamo]

Sometimes, Bitcoin network experiences high transaction volumes, leading to a backlog of unconfirmed transactions. If the network is congested when you initiate a transaction, it might take longer than usual to confirm. If faster transaction confirmations are a priority for you, you might want to explore other exchanges like Binance. However, keep in mind that each exchange has its pros and cons, and it's essential to weigh these factors before making a decision.