BUYER


clement Anana asked 1 year ago

I buy bitcoin for several days but what am currently experience  is that my bitcoin takes more days to be approve ,it will be at pending for more than 5 days to approved,what are the step it can help me cancel long unapproved transaction…. and why these transaction takes long to be approved,,,,

1 Answers
Zsofia Elek answered 1 year ago

Hi Clement, the Bitcoin transactions are validated by miners on the blockchain. There are several factors which are influencing the time it takes a Bitcoin to go through including how crowded the network is and how high is your transaction fee. I suggest you read this article to gain more insight into Bitcoin transaction times. 
 

Bitcoin Video Crash Course 

Join over 94,000 students and know all you need to know about Bitcoin. One email a day for 7 days, short and educational, guaranteed.

We hate spam as much as you do. You can unsubscribe with one click.