Swapgate team
September 26, 2024
~1 min read
Why is the BTC exchange confirmation taking so long?
For Bitcoin, there may be several reasons for the delay:
- High network load. An increase in the number of users on the Bitcoin network has led to a large number of pending operations. This significantly affects transaction speed.
- The fee influences the transfer speed, as the Bitcoin blockchain is maintained by miners. They decide which transfers are processed first. High-priority transactions have higher fees.
- Don’t worry if your Bitcoin exchange is delayed. There are cases of waiting for a transfer for several hours (and even days!). In any case, with correct details, the funds will be delivered to the recipient or returned to the sender.