How does 'accelerate send' in Coinbase affect the transaction confirmation time?

3 answers

• tmeechOct 20, 2024 · 10 months ago
  When you use the 'accelerate send' feature in Coinbase, it prioritizes your transaction by increasing the transaction fee. This means that miners are more likely to include your transaction in the next block, resulting in faster confirmation times. It's a great option if you need your transaction to be confirmed quickly, but keep in mind that it may come with higher fees.
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• Mink KimSep 14, 2024 · a year ago
  Accelerate send in Coinbase is like a fast pass for your transaction. By paying a higher fee, you can jump the line and get your transaction confirmed faster. It's a useful feature when the network is congested and transactions are taking longer to confirm. Just be aware that it can be more expensive, so consider the urgency of your transaction before using it.
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• FranxxNov 20, 2024 · 9 months ago
  Accelerate send is a feature offered by Coinbase that allows users to speed up the confirmation time of their transactions. By paying a higher fee, Coinbase ensures that your transaction is included in the next block, reducing the time it takes for it to be confirmed. However, it's important to note that this feature is only available for certain cryptocurrencies and may not always guarantee immediate confirmation.
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