Why do some cryptocurrency transactions remain in a pending state and how long does it usually take for them to be confirmed?

3 answers

• Dec 16, 2021 · 3 years ago
  Cryptocurrency transactions can remain in a pending state due to network congestion. When the network is busy with a high volume of transactions, it takes longer for miners to include your transaction in a block. The time it takes for a transaction to be confirmed can vary depending on the cryptocurrency and network conditions. On average, it can take anywhere from a few minutes to several hours for a transaction to be confirmed.
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• Dec 16, 2021 · 3 years ago
  Pending transactions in cryptocurrency occur when there is a delay in the validation process. This can happen due to various reasons such as network congestion, low transaction fees, or technical issues. The time it takes for a transaction to be confirmed depends on the specific cryptocurrency and the current network conditions. It is important to note that while most transactions are confirmed within a reasonable time frame, there can be exceptions where it may take longer.
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• Dec 16, 2021 · 3 years ago
  At BYDFi, we understand the frustration of waiting for a cryptocurrency transaction to be confirmed. The time it takes for a transaction to be confirmed can vary depending on the network congestion and the transaction fee you set. Generally, transactions with higher fees are prioritized by miners and are confirmed faster. If your transaction remains in a pending state for an extended period, it is advisable to check the current network conditions and consider increasing the transaction fee to expedite the confirmation process.
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