Author

Topic: My Bitcoin transaction is taking forever (Read 127 times)

newbie
Activity: 11
Merit: 6
February 21, 2022, 04:29:06 AM
#4
That transaction was a transaction issued by Kraken according to our page https://glasschain.org/btc/Transaction/58420c234aa299a77491fe5db378720768e12132bfc2e776575aff21a2de9b67

So I assume you did a withdraw and not issue this TX yourself.
legendary
Activity: 1148
Merit: 3117
February 20, 2022, 12:14:24 PM
#3
This is the adress I sent the Bitcoin to over an hour ago and it still is unconfirmed.

58420c234aa299a77491fe5db378720768e12132bfc2e776575aff21a2de9b67
A small correction : the string that you've mentioned (58420...9b67) isn't the address that you've sent your BTC. Instead it's called a transaction ID (TxID) and it acts like a unique identifier that allows you to identify your transaction within the blockchain. Using data from Crystal Explorer[1] I'm assuming that the exchange that you're using is Kraken and that exchange claims[2] that the deposit processing time for BTC is 4 confirmations - this means that until those confirmations are done your funds won't show up on your balance. Since the transaction now has 13 confirmations[3] I'm guessing your funds are already available to you?

[1]https://explorer.crystalblockchain.com/tx/58420c234aa299a77491fe5db378720768e12132bfc2e776575aff21a2de9b67
[2]https://support.kraken.com/hc/en-us/articles/203325283-Cryptocurrency-deposit-processing-times
[3]https://blockchair.com/bitcoin/transaction/58420c234aa299a77491fe5db378720768e12132bfc2e776575aff21a2de9b67
staff
Activity: 3500
Merit: 6152
February 20, 2022, 10:19:25 AM
#2
The transaction got its first confirmation shortly before you post this. If you sent the funds to another exchange/centralized service, then it's possible that it won't show until the transaction receive a few more confirmations.
newbie
Activity: 2
Merit: 0
February 20, 2022, 10:16:45 AM
#1
This is the adress I sent the Bitcoin to over an hour ago and it still is unconfirmed.

58420c234aa299a77491fe5db378720768e12132bfc2e776575aff21a2de9b67
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