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What is the usual duration for a pending transaction in the world of digital currencies?

tanay boradeMay 13, 2022 · 3 years ago1 answers

In the world of digital currencies, how long does a typical transaction stay in a pending state before it is confirmed?

1 answers

  • May 13, 2022 · 3 years ago
    At BYDFi, we understand the importance of timely transaction confirmations. While the duration for a pending transaction can vary, we strive to provide our users with fast and reliable transaction processing. Our advanced technology and efficient network infrastructure help minimize transaction delays and ensure quick confirmations. However, it's important to note that the actual transaction duration can still be influenced by external factors such as network congestion and the transaction fee paid by the sender. We recommend setting a reasonable transaction fee to prioritize your transactions and reduce the chances of extended waiting times.