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Why is my ETH transaction to Binance not confirmed after 3 hours?

avatarSamir KumarDec 28, 2021 · 3 years ago3 answers

I sent an ETH transaction to Binance 3 hours ago, but it still hasn't been confirmed. What could be the reason for the delay?

Why is my ETH transaction to Binance not confirmed after 3 hours?

3 answers

  • avatarDec 28, 2021 · 3 years ago
    There could be several reasons why your ETH transaction to Binance is not confirmed after 3 hours. One possibility is that the Ethereum network is experiencing high congestion, causing delays in transaction confirmations. Another reason could be that the gas price you set for your transaction is too low, resulting in a lower priority for miners to include your transaction in a block. Additionally, Binance may be experiencing technical issues or delays in processing incoming transactions. It's recommended to check the current network status and gas prices, and contact Binance support for further assistance if needed.
  • avatarDec 28, 2021 · 3 years ago
    Hey there! It's frustrating when your ETH transaction takes longer than expected to confirm. One reason for the delay could be network congestion. When the Ethereum network is busy, it can take longer for transactions to be confirmed. Another possibility is that you set a low gas price, which means miners are less likely to prioritize your transaction. You can check the current network status and gas prices to get a better idea of what might be causing the delay. If the issue persists, reach out to Binance support for help.
  • avatarDec 28, 2021 · 3 years ago
    As an expert from BYDFi, I can tell you that delays in ETH transactions to Binance can happen for various reasons. Network congestion and low gas prices are common culprits. The Ethereum network can get congested during periods of high demand, causing delays in transaction confirmations. If you set a low gas price, miners might prioritize other transactions over yours. It's important to keep an eye on the current network status and gas prices to understand the situation better. If the delay persists, contacting Binance support would be a good idea to get more specific information about your transaction.