I made a withdrawal request from my blockchain account, but the transaction has been pending for a while. I'm wondering why it's taking so long and if there's anything I can do to speed up the process.
7 answers
CryptoLegend
Wed Dec 18 2024
Transactions remain in a Pending status until they accumulate the necessary network confirmations to attain completion.
Claudio
Wed Dec 18 2024
Upon initiating an asset transfer, the system urges users to append a miner fee for transaction verification.
Federico
Wed Dec 18 2024
This miner fee serves as an incentive for miners to validate and include the transaction in a blockchain.
TeaCeremony
Tue Dec 17 2024
The confirmation process involves multiple nodes verifying the transaction's authenticity.
BlockchainWizardGuard
Tue Dec 17 2024
If the miner fee is deemed inadequate, there is a chance that the transaction may not receive timely confirmation.