I bought some BTC on Coinbase last night and had it sent to Poloniex. I know the BTC wallet address was accurate. Its still pending 11 hours later and doesn't show up in the Poloniex deposit/withdrawal history. Any clue on how long BTC transactions are taking?
I think 11 hour its lot of time, btc transaction dont have a exact time , it only depend on confirmation number and fee (more pay for fee faster transaction)
Personally i use blackchain and localbitcoin wallet, and in max 1 hour the transaction its confirmed
I think the timeframe of this post is different right now so different strategies could be used. And yeah you fee could tell you how fast the transaction is. But for me i traded small amounts like .007 or.003 to some sites but paid .001. I know fees are robbing us but what could we do about it? We cant just whine and let them adjust to us. Sometimes we should accept its changes and adapt to it. So for me every time i trade i pay .001 and i receive it in 1 hour or lesser with that kind of fee.