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Fortunately, confirmation times are usually short - about 10 minutes for Bitcoin and 15 seconds for Ethereum. Once you see the pending transaction on the. 8 Reasons Why Your Bitcoin Transaction is Delayed � 4. Not enough miners � 5. Spam or dusting attacks � 6. Mempool Bloat or Slow Internet Speed � 7. Coinbase may delay cryptocurrency transactions sent from your Coinbase account if we suspect that you did not authorize the transaction.