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Bitcoin And The New Era! Transferring Bitcoin From Coinbase To Another Wallet

Today’s world is already has got introduced with the most popular trading platforms and one of them is Bitcoin. People are participating in investment via this sort of online trading platforms since it made easier things to invest in and also the trading. Not only that, there are various amounts of extra services we can get via these trading platforms. And the wallets are one of the best features that we are getting as an advantage. Wallets are important in the cryptocurrency world. According to enthusiast Nate Davis, “ One of the most crucial and vital things associated with cryptocurrencies are wallets.” For the Bitcoin users, it is one of the common questions that how long it takes to transfer Bitcoin from Coinbase to another wallet.

Well, it is a fact that Coinbase basically considers as an exchanging platform but a wallet. This is not recommended for any investors or traders where you can keep your bitcoin or any cryptocurrencies. If there is any kind of wallets to transfer Bitcoin, you stay sure about the fact that there are withdrawal fees at a few percentages of the Bitcoin around 0.1 percent to 5. And additionally, there is no fixed amount of time to process the transfer but you need not forget that you will be needing the P2P network to happen the transfer. But according to research, it can be said that it will take 10 minutes to 2 hours maximum to complete the whole process of transferring Bitcoin.

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Written by Fariha Ahmed

"14AGAIN Contributor, Bangladesh."

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