So I've been waiting for nearly 3 days for my bitcoin transfer from blockchain to binance to go through. This has never happened to me before. Normally it just takes a couple of hours. What’s going on? How long does this usually take to get confirmed?
Is there anything I can do about it? Really appreciate any help... thanks!
Stuck for nearly 3 days on my bitcoin transaction
13 replies 420 views
stack_2017Senior Member
Posts: 201 · Reputation: 1389
#2Jan 19, 2019, 10:49 PM
How much fees did you pay? If you don't know, you can share the transaction hash (If you'd like). I'm not sure how good is Blockchain.com's wallet at estimating fees, but you can take this as a reference next time: https://mempool.space/
I think that you have use a low transaction fee to send your bitcoin and that is why it is yet to be confirmed. As stated OmegaScream you can share your transaction hash so that we can help you check out the fee.
If your wallet supports RBF, you should increase the transaction fee using https://mempool.space/ to know the actual fee needed to get the transaction confirmed. If it is a wallet that the seed phrase can be imported to electrum wallet, you can import it and use RBF to increase the fee since electrum wallet is RBF by default
it was the default fee which blockchain determines automatically while sending (around 2-3 usd i guess) i didnt change any fee rate while sending it..
We still don't know what that "default" fee was that your wallet suggested at the time of creating the transaction. Blockchain.com's fees can fluctuate based on network congestion.
While $2-3 sounds reasonable, it might not be the most optimal fee for your transaction. Using the transaction hash (if you're comfortable sharing it) would tell us exactly what the network fee was.
https://mempool.space/tx/515de3111c6eda82c9c89e35cf38f736b0e99f5315f4b8733ee92898d7f9c2b0 the link to your TX on mempool, probably the fee was slightly less adequate and there's unexpected increase now that you may have to wait little longer.
You can try paid TX acceletors if you're really in a hurry or just wait for it to go through.
I haven't used blockchain wallet in years so don't really remember how good their fee estimation is these days but I assume they allow you to customise fee so better check https://mempool.space/ to have adequate fee for your TXs in future.
This TX isn't RBF enabled so you can do RBF either unless you want to do it manually which is possible ( I guess).
P.S use better wallet like Electrum.
Stop using blockchain.com wallet. Import your seed phrase on Electrum and wait for 2 weeks and let the transaction drop from mempool. If it has not dropped in 2 weeks, change your server from automatic to manual and be selecting each server one after the other and check if your coin appear for spending again after selecting another server. Ones you see it, you can spend the coin again and use better fee rate. Use https://mempool.space/for the Dee estimation.
He is sending 0.00422275 BTC which would be around $245. Having 8 inputs and 2 outputs. The money that would be paid to accelerator will increase as the inputs and outputs are increasing. Just for 1 input and 1 outputs, using an accelerator is very expensive and can be of $60 or more in fee to accelerate it. Accelerator is not advisable for this kind of transaction. The best is for him to wait and let the transaction drop from mempool if he is not in haste.
Advice
Blockchain.com wallet is close source. Move your coins to a wallet that you generated on an open source wallet like Electrum.
Blockchain.com doesn't flag transactions as RBF.
What matters is the fee rate, not the fiat value of the fee.
Your transaction won't be confirmed any time soon normally.
Do you have control over any of the outputs? One of the receiving addresses should be your change addresses.
If that's the case, you can import your wallet to electrum and do CPFP.
With doing CPFP (child pays for parents), you spend the fund received in the unconfirmed transaction in a new transaction with high fee, so that miners include both transaction is the same block.
how can i do that
im novice for these kind of stuff
or if i do nothing then how many days should i have to wait for it to confirm?
is it possible for transfer to not completed ever?
Download electrum wallet from the link provided by hosseinimr93 after that open the wallet app and click on already have a wallet and import your 12 seed phrase from blockchain.com wallet. If you have successfully imported your seed phrase and you can see your balance and transactions with the unconfirmed one.
You should send those same amount of coins or a higher amount in a new transaction and increase the transaction fee so that your new transaction can be confirmed first.
Download electrum from its official website.
Create a new wallet, select "Standard Wallet" and then "I already have a seed". Go to "options" and check "BIP39 seed". Enter your seed phrase and click on "Next". Select "native segwit (p2wpkh)" and click on "Next".
Take note that if you haven't already exported your seed phrase from blockchain.com, you should export your seed phrase from there first. Your seed phrase is a series of 12 words and it's also called "Recovery phrase".
After importing your wallet to electrum, you should see your unconfirmed transaction there. Right click on it and select "Child pays for parent". Set the total feerate and then click on "OK".
To know the required fee rate, you can visit mempool.space.
There is no way to know when your transaction will be confirmed.
I can only say that it's unlikely that your transaction will be confirmed soon. The last time miners included such low fee rate transactions in the blockchain was more than 8 months ago three months ago.
Many of the nodes will drop your transaction from their mempool after 2 weeks. But as long as the transaction is valid, it's possible that it's confirmed. It's possible that your transaction stays unconfirmed for many months and finally gets confirmed.
There is no need to make the new transaction manually.
OP can right click on the unconfirmed transaction and select "Child pays for parent".
hodler2019Legendary
Posts: 2182 · Reputation: 12913
#12Jan 21, 2019, 05:35 AM
it looks confirmed to me
OP was very lucky.
When OP created this topic, the transaction in question was around 14 vMB from the tip of mempools. I didn't really expect the transaction to get confirmed soon and that was why I suggested OP to do CPFP.
It had been three months since the last time miners included transactions paying less than 6 sat/vbyte as fee in the blockchain normally.
You can customize transaction fee (fee rate) for your transaction with blockchain.com wallet. That wallet has some tier of fee rate for you to choose but it would be more convenient if you import Blockchain.com wallet to Electrum wallet, and broadcast your transaction with Electrum.
Electrum is an open source, non custodial wallet that is better than Blockchain.com wallet which is close source.
When importing, choose BIP39.
How to restore blockchain.com wallet into electrum 5 Easy Steps