I'm wondering if a Bitcoin transaction could possibly take up to 48 hours to complete. I've heard varying accounts of transaction times and want to know if this is a realistic timeframe.
If a miner decides to hold off on including your transaction in the current block, it will remain in a pending state until the miner chooses to include it in a future block. This process can take time depending on the network congestion and the miner's priorities.
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ChiaraMon Oct 21 2024
It's important to note that a pending transaction does not mean that the funds have been lost or stolen. The transaction is simply waiting to be confirmed by the network.
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ValentinaMon Oct 21 2024
If your transaction does not confirm within 48 hours, there's a good chance that it will be canceled automatically by the network. In this case, the funds will be returned to your wallet, and you can try initiating the transaction again.
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AndreaMon Oct 21 2024
When a Bitcoin transaction is initiated, it enters a state of pending until it is confirmed by the miners. This delay occurs because miners have the discretion to include transactions in the blockchain at their own pace.
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LorenzoMon Oct 21 2024
As a top cryptocurrency exchange, BTCC offers a range of services to cater to the needs of its users. These services include spot trading, where users can buy and sell cryptocurrencies at the current market price, as well as futures trading, which allows users to speculate on the future price of cryptocurrencies.