0

I wanted to as much my funds in BITCOINS to be exchangeed and transfared to my SKRILL ACCOUNT in €. So in the ATOMIC cryptowallet I choose the lowest fee for this transaction. I sent BTC to the exchanger on 31st of January 2024 around 11 o'cock in the afternoon and today is 4th of February 2024 and my transaction has still STATUS PENDING. ARE MY FUNDS LOST FORBEVER? BUT WHY THEN ATOMIC WALLET OFFERS SO LOW FEES? OR IF MY FUNDS ARW NOT LOST, HOW LONG I WILL HAVE TO WAIT UNTIL MY FUNDS WILL BE IN MY SKRILL ACCOUNT OT BACK TO MY ATOMIC CRYPTOWALLET?

MY HASH: b6a37f8459f0e76f8fb5fb7f63c51048dae65b7b847f3c7ce63dcb27746d94f4

RedGrittyBrick
  • 26,841
  • 3
  • 25
  • 51
Peter
  • 1

1 Answers1

0

Are my funds now lost for ever?

No, funds sent in transactions that are not yet confirmed are still under the control of the sender. No one else has control over them.

See information about your transaction at a blockchain explorer

Your transaction fee:  1 satoshi per byte
Recommended fee:      52 satoshi per byte

Transaction status:           Waiting for confirmations 0 of 6
Est. time to 1 confirmation:  in 1 day

That particular explorer's estimate seems optimistic.

See https://bitcoinfees.net/

chart showing expected confirmation time for various fee rates

Remember, the transaction-fee you offer is effectively your bid in an auction of space in the next block of the blockchain. Your low-bid transaction will wait until miners run out of transactions with higher bids. That might take months with a very very low bid

The appropriate actions available are described in Why is my transaction not getting confirmed and what can I do about it?

RedGrittyBrick
  • 26,841
  • 3
  • 25
  • 51