FAQs
An Ethereum transaction confirmation is completed on average in 16 seconds, however, transactions can take between 1 to 5 minutes if more confirmations are required to validate the transaction.
Why haven't I received my Ethereum? ›
There are two potential reasons why your tokens may not be appearing where you expect them to: You sent to a contract address. Smart contracts on Ethereum and EVM-compatible networks have their own addresses, and they are easily mistakeable for regular wallet addresses. You pasted in the wrong address.
How to fix a stuck ETH transaction? ›
Locate the stuck transaction in your wallet's transaction history. Select 'Speed Up' or 'Replace' the transaction. This feature is usually found as a button or in the transaction details. The wallet interface should allow you to set a new gas price higher than the original transaction.
How do I receive money from ETH? ›
Step 1: Open an account with a reliable crypto exchange that supports Ethereum transactions. Step 2: Transfer Ethereum from your wallet to the exchange account. Step 3: Convert Ethereum to the preferred currency and withdraw funds to your bank.
How fast is Ethereum withdrawal? ›
On average, it can take anywhere from a few minutes to a few hours for ETH withdrawals to be processed and received in your external wallet. However, during times of high network activity, it may take longer for the transaction to be confirmed on the Ethereum blockchain.
How long does it take to cash out Ethereum? ›
The time it takes to cash out Ethereum varies depending on the exchange's processing time and your bank's processing times. It can range from a few hours to several business days. Can I cash out Ethereum directly to my bank account? Direct cash out of Ethereum to a bank account is not possible.
Why is my Ethereum withdrawal taking so long? ›
The withdrawal period duration is impacted by several factors, including: The amount of stETH in the queue: The withdrawal fulfilment serves in a FIFO way so the more stETH is locked in the withdrawal request queue, the longer a staker is supposed to wait.
How long can an ETH transaction stay pending? ›
If the fee you attached to your submitted transaction is too low and network congestion remains high, there's a chance your transaction will stay pending for hours or even days.
Why is my ETH still pending? ›
Bitcoin and Ethereum transactions require a certain number of network confirmations before they are considered final. Transactions appear as Pending until the required number of network confirmations has been reached. Transactions require a miner fee to be confirmed by the network.
How do I override or cancel a pending Ethereum transaction? ›
Cancel Ethereum transactions
If your transaction has been pending for a long period, you can cancel it. It happens by sending 0 ETH to your address. To ensure cancellation, the network fee is 30% higher than the fee of the transaction meant to be canceled.
Transaction confirmation time
If your transaction has been pending for a few minutes and has not progressed, it is likely that you are submitting it during a period of high network demand. This usually indicates that you have not included a sufficient gas fee to process your transaction promptly.
What happens if an ETH transaction fails? ›
That payment is calculated in gas, and gas is always paid in ETH. You are paying for the computation, regardless of whether your transaction succeeds or fails. Even if it fails, validators must verify and execute your transaction, which takes computational power.
What do I need to receive Ethereum? ›
How to get Ethereum (ETH) from someone (step-by-step)
- Step 1: Set up your ETH wallet. Before you can receive ETH, you must have an Ethereum wallet set up. ...
- Step 2: Locate your Ethereum address. ...
- Step 3: Share your Ethereum address via QR Code. ...
- Step 4: Wait for the transaction to be confirmed.
Compare the Best Ethereum Wallets
| Asset Type | Number of Currencies Supported | NFT Support |
|---|
| Guarda Wallet Best for Security | 400,000+ | Yes |
| Exodus Wallet Best for Beginners | 275+ | Yes |
| MetaMask Best for Convenience | ETH and all ETH based cryptocurrencies and tokens | Yes |
| Trust Wallet Best for Wide Variety | 10,000,000+ | Yes |
1 more rowMerchants can start accepting ETH using Binance Pay in three easy steps:
- Create a Binance Pay account: Sign up as a Channel Partner or Direct Merchant and complete verification.
- Sign the Channel Partner or Direct Merchant Agreement.
- Integrate Binance Pay APIs: Refer to the developer guide for instructions.
CoinList waits for 30 confirmations to consider an ETH or ERC-20 transaction final. Although typically this should only take about ~ 5 minutes, this can take anywhere from 5 minutes to 4 hours. Especially during periods of high network congestion, the transaction can take longer.
How fast is Ethereum confirmation? ›
Today, Ethereum has already improved a lot compared to five years ago. Thanks to the combination of EIP-1559 and steady block times after the Merge, transactions sent by users on L1 reliably confirm within 5-20 seconds. This is roughly competitive with the experience of paying with a credit card.
How long does it take for Ethereum to show up in trust wallet? ›
How long does it take for cryptocurrency to show up in Trust Wallet after sending from another wallet? After confirming the transaction, Trust Wallet will transfer the funds. This usually takes anywhere from 0-20 minutes, depending on the blockchain networks.
How long does it take to receive ETH on Coinbase? ›
The duration of an Ethereum transaction on Coinbase can vary depending on network congestion and other factors. Generally, it takes a few minutes to process an Ethereum transaction on Coinbase. However, during periods of high network activity, it may take longer for the transaction to be confirmed.
