I've made a
Bitcoin transaction a few days ago, but it still shows as pending. I'm wondering if it's normal for a Bitcoin transaction to be pending for several days or if there might be an issue with the transaction.
7 answers
TeaCeremony
Sun Dec 08 2024
This mechanism is designed to incentivize users to pay higher fees if they want their transactions to be confirmed quickly.
Martina
Sun Dec 08 2024
Bitcoin's algorithms operate on a principle where transaction fees play a crucial role in determining the order of transactions being added to the blockchain.
Chiara
Sun Dec 08 2024
On the other hand, users who opt for lower fees might face delays in their transactions being processed.
Enrico
Sun Dec 08 2024
When a user pays a lower fee for a transaction, Bitcoin's system identifies this as a signal that the transaction might not be as urgent.
AltcoinAdventurer
Sun Dec 08 2024
In some cases, Bitcoin transactions with low fees can remain pending for days, as they are continually outpaced by transactions with higher fees.