I have requested a BCH withdraw from Kraken about 2 hours ago and they set a very low transaction fee for my transaction. So far not even 1 confirmation after 2 hours. I'm transferring it to another exchange to sell it there and they require at least 20 confirmations. Now my funds are stuck for I don't know how long because of Kraken being so cheap with the transaction fee.
Fee: 0.00001274 BCC
Fee/KB: 0.00004900 BCC
Is there anything I can do about this? When should I expect this transaction to get 20 confirmations?
Fee: 0.00001274 BCC
Fee/KB: 0.00004900 BCC
Is there anything I can do about this? When should I expect this transaction to get 20 confirmations?
I think BCH needs much less fee vs bitcoin. Wasn't this part of why ver didn't like bitcoin currently because he wants to be able to use it for micro transactions? and for that you need low fees.
Anyway you can visit this site: https://blockchair.com/bitcoin-cash/blocks At the top you can see blocks coming through, so as you can see its not out of the question to not have a confirmation for 2 hours. 20 confirms has taken me between 10 hours - 36 hours iirc.