Why does BTC transaction take long time?
Several factors can cause transaction confirmation delays:
- Network congestion: The significant increase in BTC transactions in recent years has created backlogs in the confirmation queue, slowing down processing speeds.
- Transaction fees: Miners prioritize transactions with higher fees. Transactions with higher fees per byte receive faster confirmation.
- Normal waiting period: Delayed bitcoin transactions are not cause for concern. Typically, transactions take several hours to process, and in some cases, may take several days. Once completed, funds will reach their destination or return to your wallet.