Why is My Bitcoin Transaction Pending for So Long? – Bitcoin Fees for Dummies

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Incoming transactions show up in your account right away typically within a minute after they are broadcast but will be tagged as 'Pending' until there has been at least how long to receive bitcoin exodus network confirmation.

The time it takes a transaction to be confirmed depends on the fee used by the sender and the how long to receive bitcoin exodus network traffic. It can also depend on the asset used. Once a transaction is verified, the pending tag will be removed. This lets you know the transaction cannot be reversed and the funds can be sent. This verification process is similar to the 2 - how long to receive bitcoin exodus day hold traditional banks put on check deposits waiting for funds to clear.

Digital asset networks have a similar system except this time spent waiting is reduced to hours and sometimes even minutes with faster networks like Ethereum instead of days.

Typically these transactions will never confirm. These problem transactions are typically caused by three main reasons:. If you have a transaction in your account that has remained pending for more than 3 days you can often manually remove this transaction by refreshing your account.

Transactions that don't confirm are returned back to the sender. Why is my transaction pending? These problem transactions are typically caused by three main reasons: Receiving a transaction with insufficient fees All transactions require a miner fee to be confirmed by the asset network.

If the sender did not specify a sufficient fee, your deposit may never confirm. Spending unconfirmed assets If you are trying to send assets that appear as pending in your account your transaction will also remain in a pending state until your deposits are confirmed. You can think of this how long to receive bitcoin exodus a waterfall effect. Until the funds you receive are properly confirmed all of your sent funds will be marked with this same pending state.

The network is experiencing high volume Sometimes there is a high volume of digital currency being sent globally, and there are more transactions than there is space available in each new block to include the transaction. Last updated on March 14,

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When you initiate a transaction from another wallet or exchange, sometimes it can appear as if your funds have "disappeared. Exodus may not show any assets until the transaction has at least one 1 confirmation. You can see the number of confirmations by looking at the transaction on the exchange or wallet where you initiated it. Look for a "transaction ID.

In there, you can find the transaction you just made:. Note the "Pending" status. Clicking on it, we can see that the number of confirmations is zero It can look like your coins "vanished. If you click on the "View transaction" link above, it will take you to the transaction itself:.

Notice that the confirmation count is still zero 0 , so to Exodus it can appear that nothing happened. However, Exodus considers the transaction "Confirmed" when it receives at least 1 confirmation. Then you will have the funds: Sometimes it can take a long time to receive confirmations, depending on network conditions.

The above table is an average, and it could be more depending, again, on the network conditions at the time. I just sent assets from another wallet, but nothing shows up in Exodus. Where are my funds? In there, you can find the transaction you just made: Clicking on it, we can see that the number of confirmations is zero 0: If you click on the "View transaction" link above, it will take you to the transaction itself: Last updated on March 14,