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Why hasn't my crypto deposit/withdrawal gone through yet?

There are several reasons why crypto deposits and withdrawals take longer to process. The most common ones are:

  1. Blockchain network congestion
    Cryptocurrency networks can become congested, especially when there are a large number of transactions. If the fee for your transaction was low, it may take longer to be confirmed. You can also check the status of your transaction in a block explorer (e.g., Etherscan, Blockchair) using its TXID.
     
  2. Insufficient transaction fees
    If the transaction fee is too low, the transaction may not be confirmed for a very long time or may be rejected by the network.
     
  3. Incorrect address or network
    Sending funds to the wrong address or on the wrong network (e.g., Ethereum tokens to the Binance Smart Chain network) usually results in the irreversible loss of cryptocurrencies. Always double-check the address and network before confirming the transaction.
     
  4. Internal platform checks
    Cryptocurrency exchanges often perform their own transaction security checks, which can delay processing from a few seconds to several hours.
    If you are sure that the transaction address and network are correct, and its status in the block explorer is unambiguous and does not indicate any irregularities, contact the technical support of the platform from which or to which you are sending funds.