Bittrex: BTC confirmation time over 48hrs

mesmerakyns

newbie

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Quote from: Qartada on May 30, 2017, 06:24:03 AM

Quote from: vaddi on May 30, 2017, 02:29:42 AM

i deposited about 1 BTC to my bittrex account on the same day with 0.0001 BTC transaction fees and it took about 10 minutes.

That's extremely unusual. Even with the smallest typical size of transaction, that would be a very low number of satoshi/byte which would leave it with a low chance of getting confirmed. Unless you actually mean 0.001 BTC instead.

Fees are not static, they'll vary based on the size of your transaction in bytes, which depend on how many inputs your transaction has (how many transactions you accepted in order to spend one).

No one is going to tell you what's happened until you post the transaction ID. Otherwise we have no idea what fee you actually paid in satoshi/byte.

You're very right. I think you just said what's on my mind. Cheers

Qartada

hero member

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Quote from: vaddi on May 30, 2017, 02:29:42 AM

i deposited about 1 BTC to my bittrex account on the same day with 0.0001 BTC transaction fees and it took about 10 minutes.

That's extremely unusual. Even with the smallest typical size of transaction, that would be a very low number of satoshi/byte which would leave it with a low chance of getting confirmed. Unless you actually mean 0.001 BTC instead.

Fees are not static, they'll vary based on the size of your transaction in bytes, which depend on how many inputs your transaction has (how many transactions you accepted in order to spend one).

No one is going to tell you what's happened until you post the transaction ID. Otherwise we have no idea what fee you actually paid in satoshi/byte.

audaciousbeing

hero member

Activity: 1330

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The moment we realise that there some factors that are beyond the service providers or even the recipient the better and there wouldn't be need for a thread like this. I made a transaction in which I later found out the transaction fees I paid was low despite the fact that I accepted the one recommended by the wallet providers but this transaction took a whole week before confirming after it bounced several times in both originating wallet and the designation wallet as well.

vaddi

newbie

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i deposited about 1 BTC to my bittrex account on the same day with 0.0001 BTC transaction fees and it took about 10 minutes.

ethereumhunter

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Quote from: shannen87 on May 28, 2017, 09:35:39 AM

I deposited BTC on my Bittrex wallet, arround 3 BTC,

after 48hrs, it has 0/2 confirmations and is still pending,

why?

i think its depend on how much the fees that you payed because i remember that when i deposited my btc on bittrex wallet, i used 0.0005 btc - 0.0007 btc and its no need to wait too long, i think its about 1.5 hour. i think the next time when you want to deposit, just make sure that the fee is more than 0.0005 btc so you don't have to waited too long. hope its help.

OmegaStarScream

staff

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Quote from: shannen87 on May 28, 2017, 09:35:39 AM

I deposited BTC on my Bittrex wallet, arround 3 BTC,

after 48hrs, it has 0/2 confirmations and is still pending,

why?

It has nothing to do with the exchange and has everything to do with your wallet and the fees calculation algorithm. Fees are now more expensive then before, so Its really recommended to use a wallet that allow dynamic fees or someting like Mycelium which calculate the fees very well. At this point, I suggest submitting your transaction to ViaBTC accelerator.

FlamingFingers

sr. member

Activity: 1344

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How many fees did you pay? Transaction confirmation time depends on the amount of fees. The lower the fees, the more time it takes for the transaction to be confirmed. Posting your transaction hashID would help knowing that point.

shannen87

full member

Activity: 224

Merit: 100

I deposited BTC on my Bittrex wallet, arround 3 BTC,

after 48hrs, it has 0/2 confirmations and is still pending,

why?

Topic: Bittrex: BTC confirmation time over 48hrs (Read 4265 times)