How long does a Bitcoin transaction stay pending?
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Can you tell me how long a Bitcoin transaction usually stays pending before it gets confirmed?
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3 answers
- The time it takes for a Bitcoin transaction to be confirmed can vary. On average, it takes about 10 minutes for a transaction to be included in a block and considered confirmed. However, during times of high network congestion, it can take longer, sometimes up to several hours. It's important to note that the transaction fee you include with your transaction can also affect the confirmation time. Higher fees generally result in faster confirmations.
Feb 18, 2022 · 3 years ago
- Bitcoin transactions usually stay pending until they are included in a block and confirmed by miners. This process typically takes around 10 minutes, but it can be longer if the network is busy. The confirmation time also depends on the transaction fee you choose to pay. If you want your transaction to be confirmed faster, you can increase the fee. However, keep in mind that higher fees may not always guarantee faster confirmations.
Feb 18, 2022 · 3 years ago
- According to BYDFi, a popular cryptocurrency exchange, the average time for a Bitcoin transaction to stay pending is around 10 minutes. However, this can vary depending on network congestion and the transaction fee you choose to pay. If you want to speed up the confirmation process, you can increase the fee. It's also worth noting that some exchanges may have their own internal processes that can affect the confirmation time. Overall, it's best to be patient and allow the network to process your transaction.
Feb 18, 2022 · 3 years ago
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