Bitcoin Forum
May 04, 2024, 03:36:14 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Transaction stuck due to low fees - what to do  (Read 163 times)
csidi90 (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
January 05, 2018, 04:01:37 PM
 #1

Hello,

Unfortunately I am a Cryptonoob and have made a transaction through the Exchange Mercatox (Yes I know, stupid provider, but had the desired currency) tried to send my BTC to my Binance account. Unfortunately, I have not seen at all, that there 0.0005 was set as a transaction fee and now my transaction does not go through.

Here the transaction can be viewed:

https://live.blockcypher.com/btc/tx/52ded5210105917bf86745537a3ad2406dfed1d5b373ad1a6c72c8578f66dbd6/

Even though relatively little time has passed since I'm used to transactions that last about 45 minutes, I'm a bit worried. Just because you hear nothing good about Mercatox and I do not expect a prompt support response.

Maybe someone can help me,

thank you in advance!
1714836974
Hero Member
*
Offline Offline

Posts: 1714836974

View Profile Personal Message (Offline)

Ignore
1714836974
Reply with quote  #2

1714836974
Report to moderator
1714836974
Hero Member
*
Offline Offline

Posts: 1714836974

View Profile Personal Message (Offline)

Ignore
1714836974
Reply with quote  #2

1714836974
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714836974
Hero Member
*
Offline Offline

Posts: 1714836974

View Profile Personal Message (Offline)

Ignore
1714836974
Reply with quote  #2

1714836974
Report to moderator
1714836974
Hero Member
*
Offline Offline

Posts: 1714836974

View Profile Personal Message (Offline)

Ignore
1714836974
Reply with quote  #2

1714836974
Report to moderator
LoyceV
Legendary
*
Offline Offline

Activity: 3304
Merit: 16595


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
January 05, 2018, 04:34:50 PM
 #2

The fee isn't that low, it will probably confirm within a day, or at least on Sunday (usually the number of transactions drops on Sundays).
I've also added your transaction to antpool's accelerator, but I don't expect much of that one.

Quote
I'm used to transactions that last about 45 minutes
Those times are over with Bitcoin, unless you pay a lot more on fee.

csidi90 (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
January 05, 2018, 04:44:51 PM
 #3

Good feeling to hear that its probably not too low, but up until now there isnt a single confirmation. I made a transaction through binance earlier this day of .1 BTC which was deposited on bittrex  45 min later.
LoyceV
Legendary
*
Offline Offline

Activity: 3304
Merit: 16595


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
January 05, 2018, 05:00:13 PM
 #4

but up until now there isnt a single confirmation
You need twice as much fee for a fast confirmation, so it will take a while, it's just high enough to be likely to confirm at some point.

csidi90 (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
January 05, 2018, 05:09:57 PM
 #5

as long as you say I wont loose my btc I will try to stay calm. I would even pay a tip for anybody that can process this transaction faster.
LoyceV
Legendary
*
Offline Offline

Activity: 3304
Merit: 16595


Thick-Skinned Gang Leader and Golden Feather 2021


View Profile WWW
January 05, 2018, 05:46:23 PM
 #6

as long as you say I wont loose my btc I will try to stay calm.
I don't know Mercatox, but it's very unlikely an exchange would pull trick after sending your money.

Quote
I would even pay a tip for anybody that can process this transaction faster.
You can enter your txid into https://pool.viabtc.com/tools/txaccelerator/ and click "Submit for FREE" at exactly 1 second past every hour to accelerate it. Each hour, you literally have a 1 second window to do this.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!