For What Reason is My Bitcoin Transaction Pending: How to Cancel or Fix the Issue?

Bitcoin Transaction Pending

Trading Bitcoin is most popular among all cryptocurrency exchanges. But the transaction process and the time it takes depends on the different exchanges. And users can face different kinds of problems while dealing with Bitcoin and other similar cryptocurrencies. The unconfirmed or pending transaction is one of the most common problems that people face when buying or selling Bitcoin on the Blockchain.

Actually, there are several reasons behind the Bitcoin transaction still pending. You need to understand the real reasons behind such pending transactions that we help you to solve such problems and tell you how you can cancel the pending Bitcoin transactions. Apart from that, we will also provide the correct Bitcoin customer service information where you can get a solution for such problems.

Why is your Bitcoin transaction pending?

• On the first occasion when you send cryptographic money to the beneficiary, the framework is sitting tight for you to affirm the exchange by email. To affirm the exchange you need to lick the snap on the connection shipped off your email within 1 hour in any case the exchange will terminate. If this happens, the status will change from Pending to Expired.
• Sometimes when the system runs slow. Our framework could be encountering a weighty burden, yet all forthcoming exchanges actually require to finish shortly.
• Technical problems yes sometimes if sending the funds transaction is pending for more than an hour, something could have gone wrong. Here you have to get in touch with the support team.

How long is a pending Bitcoin transaction?

Usually, most of the pending Bitcoin transactions confirmed or canceled within 10 minutes. However, depending on the fee you set when executing the transaction, the confirmation of the Bitcoin transaction varied.

If your transaction fees are set low, it will take longer to confirm the transaction and if you set your transaction fees high, it will execute faster. If the transaction is not completed, expired, or canceled, purchase the exchange and you will receive the notification on your registered mail ID.

How to cancel a pending Bitcoin transaction?
Technically speaking you cannot cancel pending Bitcoin transactions on Blockchain technology. However, it replaces pending Bitcoin transactions with Child-Pays-for-Parent (CPFP) transactions or Replacement Fee (RBF) transactions.

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The difference between these types of re-transactions is that in CPFP you can create the new transaction while using RBF it means that you are relaying the same transaction.

How to check the status of pending Bitcoin transactions?
How Bitcoin transactions are visible in the public legacy of the Blockchain. so any type of Bitcoin transaction can be seen by exploring the website. The best way to check the status of your Bitcoin transaction is to simply search for the Bitcoin address where your funds are sent to the following channels.

• Visit on Blockchain and site explorer like blockchain.com/explorer etc.
• Or use the “receive” search option for the Bitcoin address (the address to which the funds are sent).
• You can select the transaction that matches the amount of Bitcoin you are waiting for. You can also check the date the transaction was made.
• While looking at the transaction itself, you can see the confirmations received so far. You can also see all the details of that Bitcoin payment.

What to do if the Bitcoin transaction is still pending?
Despite all efforts, if your Bitcoin transaction is still pending, you can increase the transaction fees to the maximum level that you can afford. If your transaction fees are higher than other users, despite the low value of your entire transaction, your Bitcoin transaction will be confirmed first. Blockchain technology or cryptocurrency exchanges prioritize Bitcoin transactions established at a higher value.

Call the Bitcoin customer service number for the pending transaction
If your Bitcoin transaction is stuck pending and despite all your efforts you are not able to confirm the transaction then get expert help. Yes, just dial the Bitcoin customer service number, and the cryptocurrency experts will help you online and solve your problem immediately. These blockchain experts will also help you solve the various problems related to Bitcoin. And you can get an online solution for Blockchain and other popular cryptocurrencies from trading on various exchanges.