I'm trying to transfer Bitcoin, but it's taking much longer than expected. What could be the reason for this delay? Is there something wrong with the network or my transaction?
6 answers
Carolina
Thu Dec 05 2024
Transactions on the blockchain require some time to get confirmed.
CryptoChampion
Thu Dec 05 2024
The confirmation time varies depending on the fees you choose to pay.
WhisperWind
Wed Dec 04 2024
With higher fees, transactions can be confirmed in as little as 1 minute.
Valentina
Wed Dec 04 2024
However, if you opt for lower fees, it may take several hours for your transaction to be confirmed.
CrystalPulse
Wed Dec 04 2024
Network congestion is another factor that affects confirmation times.