What are the common reasons for an unconfirmed transaction in electrum?
Advanced WellnessAug 09, 2023 · 2 years ago3 answers
I'm using Electrum for my cryptocurrency transactions, but sometimes my transactions remain unconfirmed for a long time. What are the common reasons for an unconfirmed transaction in Electrum?
3 answers
- Filip ČehovskýSep 27, 2022 · 3 years agoOne common reason for an unconfirmed transaction in Electrum is a low transaction fee. When the fee is set too low, miners prioritize transactions with higher fees, resulting in a delay in confirmation. To avoid this, make sure to set an appropriate transaction fee that matches the current network congestion.
- Ngminso MarkMar 28, 2024 · a year agoAnother reason for unconfirmed transactions in Electrum is network congestion. During peak times, when there are many transactions waiting to be confirmed, it may take longer for your transaction to get included in a block. Patience is key in such situations, as the confirmation time can vary depending on the network load.
- Marshall 1234Aug 31, 2020 · 5 years agoAt BYDFi, we have observed that unconfirmed transactions in Electrum can also be caused by a temporary issue with the Electrum server you are connected to. In such cases, try switching to a different server in the Electrum settings and see if that resolves the issue. Additionally, ensuring that you are using the latest version of Electrum can also help in avoiding any known bugs or issues that may cause unconfirmed transactions.
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