BitShares Forum

Main => Technical Support => Topic started by: Seamus on May 20, 2017, 12:50:51 am

Title: trouble with withdrawals
Post by: Seamus on May 20, 2017, 12:50:51 am

I am trying to sell some bitshares but having some problems.

my open.btc withdrawal of 5 btc doesn't seem to have gone through.

There is great liquidity on poloniex but my bitcoin withdrawal is awaiting approval.

My first deposit to bittrex was instant, but now I have been waiting for hours for my second deposit to show up.

Any advice for any of these three issues?  Any chance I will sleep tonight?

Title: Re: trouble with withdrawals
Post by: sahkan on May 20, 2017, 03:01:33 am

There is around 218,000 unconfirmed transactions on bitcoin, that's a long wait: https://blockchain.info/unconfirmed-transactions
You can double check the reciving BTC address and see if there is an unconfirmed transaction. If there is, you are in line... a very long line...

Title: Re: trouble with withdrawals
Post by: fav on May 20, 2017, 05:54:47 am

Contact OpenLedger support

Title: Re: trouble with withdrawals
Post by: Permie on May 20, 2017, 09:31:15 am

I'm just guessing but I imagine the recent crypto bull-market has resulted in a huge increase of bitcoin transactions.

Bitcoin can only handle 7 transactions per second...
With a withdrawal from an exchange, it is likely that they paid the minimum fee for the tx to be included in the bitcoin blockchain.
If you could manually tell them to pay a higher fee, your tx could have jumped to the head of the queue.

TL;DR: BTS > BTC