I sent some Bitcoins to another wallet, and the transaction shows as received on the recipient's side. However, it's been a while and the transaction still hasn't been confirmed on the blockchain. What could be the reason for this delay?
5 answers
Arianna
Sat Dec 07 2024
The confirmation time varies depending on the fees chosen by the user.
Silvia
Sat Dec 07 2024
With higher fees, transactions can be confirmed in as little as 1 minute.
Andrea
Sat Dec 07 2024
On the other hand, lower fees may result in a waiting time of several hours.
Elena
Sat Dec 07 2024
Transactions on the blockchain require a certain amount of time to be confirmed.
SkyWalkerEcho
Sat Dec 07 2024
Network congestion is another factor that significantly affects confirmation times.