What happens if a bitcoin transaction remains unconfirmed for an extended period of time?

1 answers

• SD36Feb 06, 2021 · 5 years ago
  When a bitcoin transaction remains unconfirmed for an extended period of time, it can be a cause for concern. The sender may wonder if the funds will ever reach the recipient, and the recipient may be left waiting for the payment. In some cases, the unconfirmed transaction may eventually be confirmed, but it can take hours or even days. To speed up the confirmation process, the sender can try increasing the transaction fee or using a wallet that allows for fee adjustment. It's also worth noting that different exchanges and wallets may have different policies and processes for handling unconfirmed transactions, so it's important to check with the specific platform being used.
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