Are you having transaction issues such as transaction delays? Delayed transactions can be quite frustrating. And it is usually due to a few factors. You get to receive transactions that are coming in to your account almost immediately, but it shows as Pending. And it remains that way till adequate network confirmations have taken place.
The number varies, depending on the asset and can be found in the individual asset data in our Asset Directory. As soon as the transaction is confirmed, it will show as Completed. This means that the transaction can’t be reversed and your can now withdraw your funds.
Why Do Coinbase Crypto Transactions Pend?
Coinbase runs its unique digital currency nodes which communicates directly with the rest of the network. So when you initiate a transaction, we broadcast it to the rest of the network so it can be confirmed.
Our nodes may lose sync with the rest of the network for short periods of time, when this happens, transactions to remain Pending longer than normal. This delay usually does not take long, the transaction will eventually go through normally.
There are some instances however when transactions aren’t accepted by the rest of the network and therefore are never considered to be confirmed.
4 Common Reasons for Pending Coinbase Crypto Transactions
Sending a very small amount with insufficient miner fees
Double-spending the same coins
Spending unconfirmed coins
When the network is congested
How to Get Immediate Solution to Pending Coinbase Crypto Transactions
If you initiated a send to a recipient’s destination wallet address and the transaction is in a pending state, it means the recipient is yet to receive it.
You can cancel the transaction and return the funds to your wallet/account by following the steps below. The process is simple and straightforward.
Log in to your account and select the digital asset with the pending transaction.
Select the pending transaction to display the Cancel payment option.
Select Cancel payment.
Once the transaction is canceled, the funds will be available again in your balance.
Get solutions to all your pending Coinbase crypto transactions as well as any other issue you are having with your Coinbase by visiting – coinbase.com/en/customer-support.