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Author Topic: Longest transaction confirmation time?  (Read 338 times)
dimonstration
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March 06, 2021, 04:14:42 PM
 #41

There is some user who experienced few days before their transaction will be confirmed because we know once bitcoin is high it's need time to confirm it and also depende to the transaction fee you set or you pay the higher the fee the faster confirmation but if it's low for sure it is low priority and it takes few hours upto few days and I experienced last week few days transaction and that day I badley need money but I don't have any choice so I wait to confirmed it.
It's quite frustrating when we really need the money but it took too long for it to be processed that's why sometimes I prefer p2p transactions whenever I want to cashout, Binance have this feature but still needs for confirmation processes. We need to find other ways when the gases were too high and the price of BTC is also high since transactions will truly can lead to slower speed due to bulk traffic it receives.

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Ibrahim60
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March 06, 2021, 04:27:52 PM
 #42

I moved some BTC over 3.5 hours ago and it still doesn't have 1 confirmation.

What is the longest I should wait?
Transaction speed depends upon transaction fees. It is called gas fee. If you choose low gas fee then it took much time to confirm a transaction. In the present time gas fee is high. Sometimes it is unbearable. For delay transaction something we need to face problem. If anyone need immediate money then he faced trouble for slow transaction.

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