I sent BTC from my electrum wallet to my Dream account about 15 hours ago and it still says pending. Is there something that I am forgetting to do or does this just take a long time sometimes?
BTC transfer delay on Dream
I sent BTC from my electrum wallet to my Dream account about 15 hours ago and it still says pending. Is there something that I am forgetting to do or does this just take a long time sometimes?
[1 Points] Thoughtsofamaniac:
Mods really need to make a sticky post about this, because this question seems to come up at least 3-4 times a day now.
The blockchain has been very backed up recently. Some people have seen it take 24 hours or more for coins to get pushed through, because bitcoin transactions are dependent upon miners working the transaction blocks of the blockchain.
If you didn't set a high enough transaction fee to make it appealing to the miners, they won't bother with it any faster than they do generally. The standard fee for most transactions is only a few portions of a cent anyway, why would they? You will have much more success in the future if you put a higher fee on your transaction, think between .001-.005 btc. It seems like a lot to spend a couple dollars on the fee, but it will encourage miners to want to break those blocks a lot faster. Following this pattern I've never had a btc transaction take longer than a couple hours.