Crypto payment pending (2024)

FAQs

Why is my crypto transaction still pending? ›

A "pending" transaction is a transaction that has not yet been included in the blockchain and is included in the mempool where it stays until it receives the first confirmation.

It takes some time for the transactions to get confirmed on the blockchain and depending on the fees you selected, it may take from 1 minute to several hours. Network congestion also has a big impact on how long you need to wait. If many people are doing transactions right now, it will increase the waiting time.

One reason for a pending or delayed transaction is a low network transaction fee. In this case, you can contact the sender and ask them to accelerate the transaction. This will allow the sender to increase the transaction fee and prioritize the transaction to be included in the next block.

Network Congestion

The level of activity on the Bitcoin network significantly impacts transaction times. During periods of high congestion, when many users send transactions, the Bitcoin mempool — where transactions wait before being confirmed — can become crowded.

There are two reasons why your deposit is shown as Pending: The number of required block confirmations hasn't been reached yet. You will be notified when your deposit is processed.

A pending transaction is an approved debit or credit to your bank account or credit card that hasn't been processed yet. Essentially, the money is still in transition from one bank to another. Pending transactions may include: Bank account deposits made by check, cash or direct deposit.

How do I accelerate a stuck Bitcoin transaction? If you set your custom fee too low or there is a sudden spike in network fees, your transaction might get stuck pending. If this happens, you can accelerate the transaction with either replace-by-fee (RBF) or a child-pays-for-parent (CPFP) transaction.

A pending transaction is a recent authorised card transaction that is waiting to be processed by the merchant and can take up to 28 days but normally takes 2/3 days to clear onto your balance.

How Long Does It Take to Send Bitcoin? The total time it takes for BTC to be sent and received varies from transaction to transaction. Bitcoin's transaction times can vary greatly, ranging anywhere from ten minutes to one day. However, it will usually take between thirty minutes and two hours to complete the process.

A pending transaction will affect the amount of credit or funds you have available, effectively deducting money from your account. Canceling a pending transaction usually requires contacting the merchant who made the charge. Once a pending transaction has posted, contact your bank or card issuer to dispute it.

How do you clear a pending transaction? ›

To cancel a pending transaction, call the merchant or retailer on your statement. If you suspect fraud, call your issuer or bank immediately. To avoid transaction errors and fraud, regularly review your statement and shop only with secure websites, among taking other precautions.

Coinbase aims to make funds available as soon as payments clear. However, the timing can vary based on your location and the payment method you use. You can check the delivery time of your orders at your history page. If your order shows as pending, it means it hasn't been completed yet.

If you just sent the transaction and it shows as not confirmed and pending, then it is normal. It takes some time for the transactions to get confirmed on the blockchain and depending on the fees you selected, it may take from 1 minute to several hours.

Your Bitcoin transaction may be pending because the miner who processes it has decided to include it in a future block. If your transaction doesn't confirm within 48 hours, it will likely be canceled, and you'll receive the funds back into your wallet.

Transactions may be pending due to reasons like delayed payment processing or issues with your verification.

Pending Balance is your deposited funds, via instant deposit, that have not settled yet, as it takes up to 7 business days. Crypto.com provides you with these funds after you initiate a deposit, so you can start purchasing cryptocurrencies even when they are pending.

In general, Bitcoin transactions usually take from one to one and half hours to complete. On occasion, a high volume of transactions taking place on the Blockchain could lead to transaction delays.

All market orders for crypto are placed as limit orders with a collar. If the price of the crypto moves outside the collar, your order will remain pending. Your crypto limit order hasn't reached its limit price.

Due to the nature of digital currency protocols, transactions cannot be cancelled or altered once they are initiated.