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How much time does it usually take for a pending Ripple transaction to cancel?

avatarRohde MarshallDec 25, 2021 · 3 years ago3 answers

I have a pending Ripple transaction that I want to cancel, but I'm not sure how long it will take. Can someone please tell me the typical time it takes for a pending Ripple transaction to cancel?

How much time does it usually take for a pending Ripple transaction to cancel?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Usually, a pending Ripple transaction can take anywhere from a few minutes to a few hours to cancel. It depends on various factors such as network congestion and the transaction fee you have set. If the network is busy, it may take longer for your transaction to be canceled. Additionally, if you have set a lower transaction fee, it might take more time for miners to prioritize your cancellation request. It's always a good idea to check the Ripple network status and adjust your transaction fee accordingly.
  • avatarDec 25, 2021 · 3 years ago
    Canceling a pending Ripple transaction can be frustrating, but the time it takes to cancel can vary. In general, it should take around 10-15 minutes for a pending transaction to be canceled. However, if the network is congested or if there are issues with your transaction, it might take longer. It's important to be patient and monitor the status of your transaction. If it takes longer than expected, you can reach out to Ripple support for further assistance.
  • avatarDec 25, 2021 · 3 years ago
    As an expert in the cryptocurrency industry, I can tell you that the time it takes for a pending Ripple transaction to cancel can vary. It depends on factors such as network congestion and the transaction fee you have set. In some cases, it can take just a few minutes, while in others, it might take several hours. It's important to keep an eye on the transaction status and be prepared for possible delays. If you're using the BYDFi exchange, you can contact their support team for more information on canceling your transaction.