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I have purchased bitcoin using coinbase app 3 hours ago and the transaction is still pending. Is it usually this painfully slow to transact on coinbase?

marked as duplicate by Max Vernon, Adam Millerchip, pebwindkraft, Pieter Wuille, alcio Dec 18 '17 at 7:59

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  • how much you bought? I bought for $100 and it was almost instantly – Alexan Dec 14 '17 at 22:21

Coinbase is a service, your transaction is happening on their internal servers, not the bitcoin network. If you choose to withdraw your bitcoins to an external wallet, that would involve a transaction on the bitcoin network.

So the delay depends entirely on Coinbase, during high volume times I would guess their order fulfilment is slightly slower. Your order will come through though!


I haven't had any transactions be that slow with Coinbase, but I've only used it for a week now. I do know that during busy times, like the other person above answered, it can be slower. If their network is bogged down with requests, it will take longer.

I think it also depends how many confirmations are being used for the transfer. I did a transaction today that was 6 confirmations to completion and it took about 15 minutes, where others were practically instantaneous, and only 2 confirmations.

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