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You can, but ironically, transfers are not painless in Bitcoin. It can take over 60 minutes for a transaction to be "confirmed", meaning the network has verifie
by cookiecaper 11y ago
You can, but ironically, transfers are not painless in Bitcoin. It can take over 60 minutes for a transaction to be "confirmed", meaning the network has verified that the coins you spent were rightfully yours to spend, and there needs to be a transaction fee attached so that miners are incentivized to check your transaction.
Many bitcoin users prefer to generate a new incoming address for each transaction to improve privacy (Bitcoin is "anonymous" only insofar as your legal name is usually not directly attached to the transaction; in most other ways, it's more traceable than the alternatives).
- mynameisvlad 11y agoIf you have two Coinbase accounts, transfers are immediate (since Coinbase still owns the bitcoins, they just move them internally): https://support.coinbase.com/customer/en/portal/articles/1392055-why-can-t-i-see-my-transaction-in-the-blockchain-?t=531816 https://support.coinbase.com/customer/en/portal/articles/139...