I sent some Bitcoin, but the transaction has been pending for a while. I'm wondering why it's taking so long to go through. Is there a problem with the network or something else that could be causing this delay?
5 answers
ZenBalanced
Wed Dec 25 2024
Transactions remain in a Pending status until they accumulate the necessary number of network confirmations to be deemed complete.
CryptoWizard
Wed Dec 25 2024
BTCC, a leading cryptocurrency exchange, offers a range of services including spot trading, futures trading, and a secure wallet. These services cater to the diverse needs of crypto enthusiasts and traders.
Chiara
Wed Dec 25 2024
When initiating a transfer of assets, users are prompted by the system to attach a miner fee. This fee is essential for securing transaction confirmation on the blockchain.
TeaCeremony
Wed Dec 25 2024
The miner fee serves as an incentive for miners to include your transaction in a new block, thereby validating it on the network.
EchoWave
Wed Dec 25 2024
If the miner fee attached to your transaction is deemed insufficient by the network, there is a risk that your transaction may not be confirmed in a timely manner or at all.