9 Days to get coins delivered on Coinbase

in cryptocurrency •  7 years ago 

COINBASE takes up to 9 days to fill orders! As crypto currencies becomes more known and participated in, the time it takes to receive your coins is taking longer. When I first started using my Coinbase account last year it took less than 3 days to receive my coins. In the past 10 days it has now jumped to 9 days to receive my coins. I imagine that this is due to the large volume of newbies getting into crypto currencies and the subsequent increase in demand. As the time increases to receive my coins and transfer them to my hard wallet (Trezor, Ledger Nano S) I am getting more nervous. Is it taking the exchange (Coinbase) that long to secure the coins and get them to my account? Is it a technical delay to transfer ownership of a coin because of the global volume? If we have only scratched the surface of the participation into crypto currencies, then what is it going to be like when as little as 1% of the global population gets into crypto? This shows me that it is imperative to get your coins now and secure them safely in hard wallets. I would not be surprised that delays will get longer and security of owning and controlling your private keys will be paramount.

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I don't deal with coinbase

Might not be a bad idea

Coinbase is becoming unreliable, it's looking like it's about time to move on over to a new platform.