10+ Why Is My Bitcoin Pending Pics. The bitcoin transaction fee is too small or the transaction amount is large and you have to wait for enough confirmations from the bitcoin network. A new block of transactions in added to the blockchain every 10 minutes on average.
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Feb 27, 2016 · there are two main reasons why a bitcoin transaction may be pending, the first is that the transaction is invalid and was created fraudulently, since the signature doesn’t match with the. If you are trying to spend coins that appear as pending in your account, your transaction will not be generated until these coins confirm. Until it is picked up it’s considered an “unconfirmed transaction” or a “pending transaction”.
This means that when a lot of people are sending bitcoin, the bitcoin miners have to process more transactions and therefore it takes longer for yours to process.
The network is experiencing high volume sometimes there is a high volume of digital currency being sent globally, and there are more transactions than there is space available in each new block to include the transaction. Although your wallet balance is updated immediately, your transaction will remain listed as 'pending' until at least one bitcoin miner has included it in a block. A new block of transactions in added to the blockchain every 10 minutes on average. Why is my transaction pending?
