How can I speed up unconfirmed blockchain transactions?
Enock ZaakeNov 29, 2021 · 3 years ago3 answers
I'm trying to make a blockchain transaction, but it's taking too long to confirm. How can I speed up the process and get my transaction confirmed faster?
3 answers
- Nov 29, 2021 · 3 years agoOne way to speed up unconfirmed blockchain transactions is to increase the transaction fee. By offering a higher fee, miners are more likely to prioritize your transaction and include it in the next block. Keep in mind that increasing the fee may result in higher transaction costs, so consider the urgency of your transaction before deciding on the fee.
- Nov 29, 2021 · 3 years agoAnother option is to use a transaction accelerator service. These services allow you to pay a fee to have your transaction prioritized and confirmed faster. However, not all blockchain networks have transaction accelerator services available, so you'll need to check if your specific network offers this option.
- Nov 29, 2021 · 3 years agoAt BYDFi, we provide a feature called 'Fast Track' that allows users to speed up their unconfirmed blockchain transactions. With Fast Track, your transaction will be processed with higher priority, ensuring faster confirmation. Simply enable the Fast Track option when making your transaction on our platform.
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