I've made a transaction, but it's been pending for a really long time. I don't understand why it's taking so long to process. Is there a reason why pending transactions take such a long time to complete?
7
answers
Daniela
Wed Feb 12 2025
When a transaction is pending, the funds involved are placed in a transitional state.
CryptoMystic
Wed Feb 12 2025
This limbo state means the funds are neither fully accessible to the customer nor have they been transferred to the merchant.
HanbokGlamourQueen
Wed Feb 12 2025
The reason behind this pending status lies with the customer's bank or card issuer.
Caterina
Tue Feb 11 2025
During this time, the bank or card issuer holds onto the funds, preventing the customer from using them freely.
CryptoKnight
Tue Feb 11 2025
This holding period ensures that the transaction can be properly verified and processed.