I'm trying to transfer BTC, but it's taking much longer than expected. I've been waiting for hours and the transaction still hasn't been confirmed. What could be the reason for this delay?
7 answers
Martina
Mon Dec 02 2024
With higher fees, transactions can be confirmed within a minute.
BonsaiLife
Mon Dec 02 2024
On the other hand, lower fees may result in a longer wait, potentially stretching to several hours.
TaegeukChampion
Mon Dec 02 2024
Transactions on the blockchain require a certain amount of time to be confirmed.
BlockchainVisionary
Mon Dec 02 2024
Network congestion is another significant factor affecting transaction confirmation times.
Stefano
Mon Dec 02 2024
The confirmation time varies depending on the fees you choose to pay.