One of the promises of crypto is smooth, quick transactions. However, there are sometimes when you find that a crypto deposit might take a bit longer than usual.
While we understand that this can be frustrating, it’s also important to know what you can do in situations like this. So, let’s dive in.
Why Crypto Transactions Can Take Long
Although rare, there are times when crypto deposits and transactions can be delayed. In most cases, this happens because confirming such a transaction on the blockchain can take a bit longer than expected.
Blockchains have a limited number of transactions that they can process per time. And even though it’s rare, there are times when the transaction volumes exceed their capacity. This results in transaction delays, leaving you waiting longer for a deposit to be confirmed.
What Can You Do?
If you find that a deposit takes longer, keep calm. A delay in transactions will eventually be corrected, although here are a few things you can do:
Double-check the deposit address. If you send crypto other than the one specified by the address, you might not be able to get it back.
Double-check the deposit amount to make sure it is above the minimum deposit threshold
If your deposit is unconfirmed in the blockchain, you’ll have to contact the remittance platform for support.
If your deposit is confirmed in the blockchain, then reach out to us at support@exchanger101.com. We will be more than happy to help you out.