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What could be the reasons for the 0 confirmation of my ETH transaction to Binance after 3 hours?

avatarPurushottam WaghDec 18, 2021 · 3 years ago3 answers

I sent an ETH transaction to Binance, but it has been 3 hours and I still have 0 confirmations. What could be the reasons for this delay?

What could be the reasons for the 0 confirmation of my ETH transaction to Binance after 3 hours?

3 answers

  • avatarDec 18, 2021 · 3 years ago
    There could be several reasons for the 0 confirmation of your ETH transaction to Binance after 3 hours. One possibility is that the Ethereum network is experiencing high congestion, causing delays in transaction confirmations. Another reason could be that you set a low gas price for your transaction, which may result in slower processing by miners. Additionally, Binance may have temporarily disabled ETH deposits or is experiencing technical issues. It's also worth checking if you provided the correct recipient address and if your transaction was broadcasted successfully.
  • avatarDec 18, 2021 · 3 years ago
    Hey there! Don't worry, it's not uncommon to experience delays in transaction confirmations on the Ethereum network. The network can get pretty congested, especially during peak times, which can slow down the confirmation process. Another thing to consider is the gas price you set for your transaction. If it's too low, miners might prioritize other transactions with higher gas prices, causing your transaction to take longer. Lastly, make sure you double-checked the recipient address and that your transaction was successfully broadcasted.
  • avatarDec 18, 2021 · 3 years ago
    Well, there could be a few reasons why your ETH transaction to Binance hasn't been confirmed after 3 hours. First off, the Ethereum network can get pretty clogged up, especially during times of high demand. This can cause delays in transaction confirmations. Another possibility is that you set a low gas price for your transaction, which means miners might not prioritize it. As for Binance, they might be experiencing some technical difficulties or have temporarily disabled ETH deposits. If you're still having trouble, it might be worth reaching out to Binance's support team for further assistance.