common-close-0
BYDFi
Trade wherever you are!

Why is my return still pending in my cryptocurrency wallet?

avatarcode-rutoDec 26, 2021 · 3 years ago1 answers

I recently made a return transaction in my cryptocurrency wallet, but it is still showing as pending. Why is my return still pending and when can I expect it to be completed?

Why is my return still pending in my cryptocurrency wallet?

1 answers

  • avatarDec 26, 2021 · 3 years ago
    Answer 1: Your return transaction may still be pending due to network congestion. Cryptocurrency transactions require confirmation from multiple nodes in the network, and if the network is congested, it can take longer for your transaction to be confirmed. You can check the status of your transaction by searching for the transaction ID on a blockchain explorer. Once the transaction receives enough confirmations, it will be completed. Answer 2: Another reason for your return transaction to be pending could be insufficient transaction fees. When you send a cryptocurrency transaction, you need to include a transaction fee to incentivize miners to include your transaction in the next block. If your transaction fee is too low, miners may prioritize other transactions with higher fees, causing your transaction to be delayed. You can try increasing the transaction fee to speed up the confirmation process. Answer 3: At BYDFi, we strive to provide fast and reliable cryptocurrency transactions. If your return transaction is still pending, it could be due to network congestion or insufficient transaction fees. We recommend checking the status of your transaction and contacting our support team for further assistance. They will be able to provide you with more specific information about your transaction and help resolve any issues you may be experiencing.