What does 'pending' mean in the context of a cryptocurrency transaction?

3 answers

• May 15, 2022 · 3 years ago
  When a cryptocurrency transaction is marked as 'pending', it means that the transaction has been initiated but has not yet been confirmed by the network. This usually happens when there is a backlog of transactions waiting to be processed. Once the transaction is confirmed, it will be included in a block and added to the blockchain.
  334

  167
• May 15, 2022 · 3 years ago
  When a cryptocurrency transaction is pending, it's like waiting in line at a busy coffee shop. Your transaction is in the queue, waiting for its turn to be processed. Once it's confirmed, it's like finally getting your coffee and enjoying it. So, don't worry if your transaction is pending, it's just a matter of time before it gets processed.
  343

  115
• May 15, 2022 · 3 years ago
  In the context of a cryptocurrency transaction, 'pending' means that the transaction has been submitted to the network but has not yet been included in a block. This can happen due to various reasons, such as network congestion or low transaction fees. It's important to note that the time it takes for a pending transaction to be confirmed can vary depending on the network's current conditions.
  396

  99