Cryptocurrency Q&A
Why does it take so long to send Bitcoin?
Why does it take so long to send Bitcoin?
HanRiverVision
Sun Dec 01 2024
|
6 answers
1126
I'm trying to send Bitcoin, but the transaction is taking way too long to complete. I don't understand why it's not instant like other digital payments. Is there something wrong with the Bitcoin network or am I doing something incorrectly?
6 answers
Pietro
Tue Dec 03 2024
This means that even if you send a transaction, it may not be processed immediately if the fee is not competitive.
Was this helpful?
200
64
Caterina
Tue Dec 03 2024
The fee you pay for a transaction can impact how quickly it is processed by miners.
Was this helpful?
300
77
GwanghwamunGuardian
Tue Dec 03 2024
If your fee is too low, miners may prioritize other transactions with higher fees, causing your transaction to take longer to be confirmed.
Was this helpful?
95
37
SsamziegangSerenade
Mon Dec 02 2024
Another factor that can affect transaction speed is the size of the blocks in the Bitcoin blockchain.
Was this helpful?
340
82
BlockchainWizardGuard
Mon Dec 02 2024
Each block can only hold a limited number of transactions, and if a block is full, your transaction will have to wait for the next one to be created.
Was this helpful?
70
42
Load 5 more related questions
