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Is it possible for a cryptocurrency transaction to be marked as 'pending' after it has been taken out?

avatarTiaDec 17, 2021 · 3 years ago3 answers

I recently made a cryptocurrency transaction, but it seems to be stuck in a 'pending' status even after the funds have been deducted from my account. Is it possible for a cryptocurrency transaction to be marked as 'pending' after it has been taken out? What could be the reasons behind this delay and how can I resolve it?

Is it possible for a cryptocurrency transaction to be marked as 'pending' after it has been taken out?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Yes, it is possible for a cryptocurrency transaction to be marked as 'pending' even after the funds have been deducted from your account. This can happen due to various reasons such as network congestion, insufficient transaction fees, or technical issues with the blockchain network. To resolve this, you can try increasing the transaction fee, waiting for the network congestion to clear, or contacting the customer support of the cryptocurrency exchange or wallet you used for the transaction.
  • avatarDec 17, 2021 · 3 years ago
    Absolutely! Cryptocurrency transactions can sometimes get stuck in a 'pending' state even after the funds have been debited from your account. This can be frustrating, but it's usually caused by network congestion or low transaction fees. To resolve this, you can try increasing the transaction fee or waiting for the network to clear up. If the transaction remains pending for an extended period, you may need to reach out to the customer support of the cryptocurrency exchange or wallet you used for assistance.
  • avatarDec 17, 2021 · 3 years ago
    Indeed, it is possible for a cryptocurrency transaction to be marked as 'pending' after the funds have been deducted. This can occur due to network congestion, which slows down the confirmation process. It's not uncommon, especially during peak trading times. To address this, you can either wait for the congestion to subside or reach out to the customer support of the exchange or wallet you used. They may be able to provide further guidance on resolving the pending transaction.