Understanding Blockchain Transfer Process
Cryptocurrency transfers involve three critical stages:
- Wallet Processing: Initiation from your TokenPocket wallet
- Blockchain Confirmation: Network validation through mining nodes
- Exchange Crediting: Final deposit into your exchange account
This guide helps diagnose where your transfer might be delayed.
Step-by-Step Diagnosis
1. Verify Wallet Transaction Status
After initiating withdrawal from TokenPocket:
- Navigate to [Assets] > [Coin] > [Token Details] > [Outbound]
- Locate the transaction ID (TXID)
- Click the TXID to view blockchain status
👉 Learn proper wallet transaction checks
2. Analyze Blockchain Confirmation
Common Scenarios:
| Status | Action Required | Typical Resolution |
|---|---|---|
| Pending | Wait for confirmations | Allow 30-60 minutes minimum |
| Success | Contact exchange | Provide TXID to support team |
| Failed | Check gas fees | Resubmit with higher gas |
Key Factors Affecting Confirmation:
- Coin type (BTC vs ETH vs others)
- Network congestion levels
- Exchange-specific confirmation requirements
Technical Explanations
Confirmation Requirements by Coin
| Cryptocurrency | Typical Confirmations Needed | Average Wait Time |
|---|---|---|
| BTC (Bitcoin) | 1-3 confirmations | 10-60 minutes |
| ETH (Ethereum) | 12-30 confirmations | 5-20 minutes |
| USDT (ERC20) | 12+ confirmations | 5-30 minutes |
👉 Master crypto transaction times
Gas Fee Considerations
- Failed transactions still consume gas
- Higher gas prices accelerate processing
- Wallet balance must cover gas + transfer amount
Recommended Blockchain Explorers
- Ethereum: Etherscan.io
- BSC: BscScan.com
- TRON: Tronscan.org
- Polygon: Polygonscan.com
FAQ Section
Q: My transaction shows Success but funds aren't in exchange?
A: This indicates completion on-chain. Contact your exchange's support team with the TXID for account credit.
Q: How long should I wait for pending transactions?
A: Most complete within 1 hour. If exceeding 2 hours, consider gas adjustment.
Q: Can TokenPocket reverse successful transfers?
A: No. Blockchain transactions are irreversible once confirmed. Only the receiving exchange can assist.
Q: Why does my transaction keep failing?
A: Typically insufficient gas fees. Try again with 20-30% higher gas price during peak times.
Q: Where can I check real-time network congestion?
A: Blockchain explorers show current gas prices and pending transactions.
Pro Tips
- Always triple-check destination addresses
- Start with small test transactions
- Bookmark relevant blockchain explorers
- Save all transaction IDs until funds arrive
Remember: Blockchain transfers require patience during network congestion. Most delays resolve automatically given sufficient time.