What factors can cause a cryptocurrency transaction to remain 'still pending'?

3 answers

• Dec 18, 2021 · 3 years ago
  There are several factors that can contribute to a cryptocurrency transaction remaining 'still pending'. One common reason is network congestion. When the blockchain network is overloaded with transactions, it can take longer for your transaction to be confirmed and included in a block. Another factor is the transaction fee. If you set a low fee, miners may prioritize other transactions with higher fees, causing your transaction to be delayed. Additionally, if there is a bug or issue with the wallet or exchange you are using, it can also result in a pending transaction. It's important to double-check the transaction details and contact customer support if needed.
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• Dec 18, 2021 · 3 years ago
  Sometimes, a pending cryptocurrency transaction can be due to insufficient funds in the sender's wallet. If the sender does not have enough balance to cover the transaction amount plus the transaction fee, the transaction may remain pending until the balance is sufficient. Another possible reason is a mistake in the transaction details, such as entering the wrong recipient address or an incorrect amount. In such cases, the transaction may stay pending until it is manually resolved by the sender or the recipient.
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• Dec 18, 2021 · 3 years ago
  From BYDFi's perspective, a cryptocurrency transaction may remain pending due to various reasons. It could be due to network congestion, low transaction fee, or technical issues with the blockchain network. It's important to note that BYDFi strives to provide a seamless trading experience, and pending transactions are typically resolved as quickly as possible. If you encounter any issues with pending transactions on BYDFi, please reach out to our customer support for assistance.
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