Blockchain transactions aren’t always instant, but they’re still faster than traditional banks. They require confirmations to ensure security and finality. Here’s why delays happen and how to manage them
Why Do Transactions Take Time?
Every crypto transaction must be verified by network participants (miners or validators). The speed of confirmation depends on:
🔹 The Platform You’re Sending From – Some platforms take longer to broadcast transactions.
🔹 Transaction Fees (Gas Fees) – Higher fees = faster confirmation; lower fees may cause delays.
🔹 Network Congestion – If many users are transacting at the same time, confirmations take longer.
What Does "Unconfirmed Transaction" Mean?
An unconfirmed transaction is one that hasn’t yet been validated on the blockchain. Most services require at least three confirmations before a transaction is considered complete.
Is Skye Wallet Responsible for Delays?
No. Once a transaction is sent, it’s up to the blockchain network to process it. Skye Wallet has no control over confirmation times.
What Can You Do?
✅ Wait patiently – Network congestion is common.
✅ Check the transaction status – Use a blockchain explorer.
✅ Increase fees (if possible) – Some wallets allow Replace-By-Fee (RBF) to speed up processing.
Blockchain confirmations ensure security and reliability, delays are normal but temporary. Need help? Contact Skye Wallet support! 🚀