Why Does a BTC Transaction Take So Long?
Several factors can cause delays in Bitcoin transaction confirmations:
- Network Congestion: The number of BTC transactions has increased significantly, leading to longer wait times for confirmation due to high traffic on the network.
- Transaction Fees: Bitcoin miners prioritize transactions with higher fees per byte. If a low fee is set, the transaction may take longer to confirm.
- If your Bitcoin transaction is delayed, there is no need for concern. On average, transactions take a few hours to process, but in rare cases, they may take several days. Once confirmed, the funds will either be delivered to the recipient or returned to your wallet.