How can I transfer Ethereum from Coinbase to Ledger Nano S if it still says pending?
Krarup KehoeDec 26, 2021 · 3 years ago3 answers
I'm trying to transfer Ethereum from Coinbase to my Ledger Nano S, but the transaction is still showing as pending. How can I complete the transfer?
3 answers
- Dec 26, 2021 · 3 years agoDon't worry, it's common for Ethereum transactions to take some time to confirm. The pending status means that the transaction is still being processed by the Ethereum network. You can check the progress of your transaction by searching for the transaction hash on a blockchain explorer like Etherscan. Once the transaction is confirmed, the status will change from pending to successful.
- Dec 26, 2021 · 3 years agoIf your transaction is still pending after a while, it could be due to network congestion or a low gas fee. Ethereum network congestion can cause delays in transaction confirmations. To speed up the process, you can try increasing the gas fee associated with your transaction. However, be cautious not to set the gas fee too high, as it could result in unnecessary costs. You can adjust the gas fee in your Coinbase transaction settings.
- Dec 26, 2021 · 3 years agoAt BYDFi, we recommend being patient and waiting for the transaction to confirm. The Ethereum network can sometimes experience delays due to high demand. If your transaction is still pending after a significant amount of time, you can reach out to Coinbase's customer support for further assistance. They will be able to provide you with more specific information about your transaction and help resolve any issues you may be facing.
Related Tags
Hot Questions
- 97
How can I buy Bitcoin with a credit card?
- 94
How can I protect my digital assets from hackers?
- 91
How can I minimize my tax liability when dealing with cryptocurrencies?
- 84
What are the best digital currencies to invest in right now?
- 36
What is the future of blockchain technology?
- 32
What are the best practices for reporting cryptocurrency on my taxes?
- 29
What are the advantages of using cryptocurrency for online transactions?
- 27
How does cryptocurrency affect my tax return?