15 confirmations.
Table of contents
- Why is my transaction not getting confirmed and what can I do about it? - Bitcoin Stack Exchange
- Waiting for a confirmation
- Difference Between Bitcoin and Bitcoin Cash
- Sell Bitcoin Cash to SATOS
The speed with which your transaction is processed also depends on the transaction fee you pay. After all, every block only contains limited space for transactions. Miners cannot simply place all open trades on the block they are currently working on. Hence, they prioritise their work orders. Miners will be more tempted to first select work orders with higher transaction fees. Indeed, the higher the payment, the faster your transaction will be processed.
Why is my transaction not getting confirmed and what can I do about it? - Bitcoin Stack Exchange
The speed at which your transaction is processed also depends on the processing time of banks. Unfortunately, banks are not as fast as the Bitcoin Cash blockchain. It may take a while before they have processed your transaction. Besides, banks are often closed on the weekends. It's possible that you will have to wait until the next working day before your euros appear on your bank account.
As a rule of thumb, you can expect bank payments to be processed on the same day as long as they have been initiated before 3 PM. If you have not completed your transaction by then, you will need to wait until the next working day for it to be finalised.
Waiting for a confirmation
Our platform can be used to sell Bitcoin Cash and buy Bitcoin Cash. It is our mission to make cryptocurrencies more accessible for everyone by allowing the exchange of cryptocurrencies for euros and vice versa. Take a look at these pages:. Had we known the answer to the question, we would have been on a full-time holiday on the Bahamas by now.
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Unfortunately, this is not the case. The crypto market is extremely volatile and unpredictable. The most important consideration here is that you should never make any impulsive decisions. Also, don't blindly follow the opinions of others. You should always do your own comprehensive research before you come to a decision. It features an explanation of the factors determining the coin's current pricing, but also offers a brief overview of the historical exchange rates.
To help you out a bit, we have created a special Bitcoin Cash Price chart page. You will receive your euros on your bank account on the next working day at the latest. The speed at which your order is processed primarily depends on your bank. We usually process orders within 10 minutes.
Does your bank support instant payment? Then the money will appear on your account almost instantaneously. We have done our best to keep them as short and understandable as possible. That way you know for sure that you'll never be confronted with unexpected surprises. Take a look at our terms and conditions to learn more about how we operate and what you can expect from us. However, there is no limit on the number of consecutive selling orders you can place.
We established a minimum sales amount of EUR We cannot accept orders below this minimum because of the disproportionally high transaction fee this would entail. We consider it important to pay our customers at a reasonable rate. No, this is not possible. We are required by law to request some personal details of our customers during the selling process. Y ou can read more about this in our privacy policy. Your data are only used for processing purposes. We highly value the privacy of our customers. You can read more about this in our privacy policy.
This includes transaction costs. You will generally pay about 1 — 1. Yes, this is possible. But do keep in mind that the agreed upon rate only stays valid for 15 minutes. If we receive your Bitcoin Cash outside of that window, we will have to recalculate the price. Yes, this is allowed! In select cases, we may request a recent extract from the Chamber of Commerce. Our support team stands ready to assist, seven days a week.
We are available for you every day from 10 AM to 9 PM. You can contact us by phone, email, through social media, or by using the live chat. No, we do not pass on information. You are expected to communicate your received income to the tax authorities yourself. We make use of BUNQ. This allows us to offer you instant payment services. Your payment will be transferred nearly instantaneously to your bank account if your bank also provides this feature.
It is essential that you declare your crypto assets every year with the tax authorities.
Difference Between Bitcoin and Bitcoin Cash
You might face difficulties in the future if you fail to report your assets, for example, when selling Bitcoin Cash. In the Netherlands, cryptocurrencies are generally taxed in Box 3 wealth tax. Only the first 30, EUR is exempted from taxation. Do you want to learn more about crypto and taxes?
Have a look at our dedicated bitcoin tax page. We already briefly discussed this, but you should always set up a reasonable transaction fee when making a transaction. Bitcoin Cash is a permissionless, open network. It empowers you to engage with your fellow human beings without intrusion. As usage grows, old power structures will erode while fresh ideas blossom.
Sell Bitcoin Cash to SATOS
It may help usher in the greatest peaceful revolution the world has ever known. The network fee for a typical Bitcoin Cash transaction is less than one penny.
If you want to convert your BCH into fiat currency, such as US dollars, you can do that through merchant processors for a cost that is still much lower than credit card processing. Unlike credit cards, there are never any automatic voids, refunds, chargebacks, or other unexpected fees.
Fraud protection is built into the system with no cost to the merchant. A growing number of patrons are choosing Bitcoin Cash as a preferred payment method. They favor merchants who offer this payment option and actively seek them out. By accepting Bitcoin Cash, merchants can gain free listings in website and app directories, gaining even more customers.
They can also take advantage of this new trend and generate press for their business. In , he released the first bitcoin software that powered the network, and it operated smoothly for several years with low fees, and fast, reliable transactions. Unfortunately, from to , Bitcoin became increasingly unreliable and expensive.
This was because the community could not reach consensus on increasing the network capacity. Instead, they preferred Bitcoin become a settlement layer. Fortunately, a large portion of the Bitcoin community, including developers, investors, users, and businesses, still believed in the original vision of Bitcoin -- a low fee, peer to peer electronic cash system that could be used by all the people of the world.
On August 1st, , we took the logical step of increasing the maximum block size, and Bitcoin Cash was born. The network now supports up to 32MB blocks with ongoing research to allow massive future increases. With multiple independent teams of developers providing software implementations, the future is secure. Bitcoin Cash is resistant to political and social attacks on protocol development. No single group or project can control it. The bitcoin-ml mailing list is a good venue for making proposals for changes that require coordination across development teams. For those wishing to implement changes to the Bitcoin Cash protocol, it is recommended to seek early peer-review and engage collaboratively with other developers.
Peer-to-Peer Electronic Cash. Fast Transact in seconds. Get confirmed in minutes. Reliable A network that runs without congestion.
