22 March 2022 20:38

If bitcoin is confirmed on blockchain why does it say pending

The network is experiencing a high volume. Transactions that do not get confirmed by the network are dropped from being processed and returned to the sender. If you have a dropped transaction in your wallet that continues to show as pending, you can often manually remove this by refreshing your wallet.

Why is my BTC pending on blockchain?

If your transaction is still pending, this can be due to a few reasons: Your transaction may still be processing. Your transaction failed or was sent to an incorrect address. Your transaction involved a different cryptocurrency than BTC.

What does pending deposit mean on blockchain?

There can be several reasons why your deposit status is “pending”: the bitcoin transaction fee is too small or the transaction amount is large and you have to wait for enough confirmations from the Bitcoin network.

How long does Bitcoin confirmation take on blockchain?

All Bitcoin transactions require 6 confirmations in the blockchain from miners before they’re processed. Generally speaking, Bitcoin transactions usually take 1 to 1.5 hours to complete. However, there can be delays in the transaction if there is a high volume of transactions taking place at the same time.

Can a Bitcoin transaction be pending forever?

Bitcoin users across the network may notice their transactions sit as unconfirmed or pending for a longer period of time, and we understand this can cause users to be concerned about the status of their funds. In most cases, your transactions will eventually confirm. It may just take longer than usual to do so.

How do you confirm an unconfirmed transaction on blockchain?

If there’s definitely no confirmation yet, use a block explorer like Blockchain.com to confirm that your TX is indeed unconfirmed. As a public blockchain, it’s very easy to track your bitcoin transaction. Simply enter your transaction ID and track it through the block explorer.

How do I check my pending BTC transactions?

Go to https://live.blockcypher.com/ or https://www.blockchain.com/explorer and type or paste the transaction ID into the search field. You can see how many confirmations your transaction has. If you’re receiving BTC in your Paxful wallet, the funds should arrive after two confirmations.

How long can payment be pending?

Usually, a pending charge will show on your account until the transaction is processed and the funds are transferred to the merchant. This could typically take up to three days but may stretch longer depending on the merchant and the type of transaction.

How long will my Bitcoin be pending on Coinbase?

When you initiate a deposit, incoming transactions will show up in your Coinbase account almost instantly (within a few seconds) but show as ‘Pending’ until there’s been enough network confirmations. Now, they’ll show as complete in 1.5 days.

How long will my Coinbase purchase be pending?

Usually the delay is under an hour and the transaction will eventually go through normally. Occasionally, transactions aren’t accepted by the rest of the network and therefore are never considered to be confirmed.

How do I cancel a pending transaction on blockchain?

No, we’re unable to cancel or reverse your transaction. Even many advanced cryptocurrency users can recall an incident when they failed to double-check their transaction details and they accidentally sent funds to the wrong recipient, or sent the wrong amount.

How long does it take blockchain to confirm transaction?

What is the average Bitcoin confirmation time? Bitcoin blocks, containing all the most recent transactions, are added to the blockchain every 10 minutes. That means in theory, your transaction will receive its first confirmation within 10 minutes of the request being sent.