Now trading and exchange service providers were also experiencing same delay in transaction confirmation. The same is due to the high number of users trying to convert bitcoin to cash as the price is found to be at the ATH. Hope the congested sale orders will soon be made under control for better service availability.
Delay in transaction confirmation is actually a problem. You may be able to do this faster if you exchange bitcoin for Litecoin, since theoretically the currency must present confirmation four times faster. Then you exchange it for fiat currency.
How exactly 10 minutes confirmation is a problem? If you are extremely unlucky with your transaction (or stingy with your TX fee) you could wait for another 2-3 blocks.
If you want to trade BTCcash then why do you want to involve another medium complicate the whole process?
Buy BTC, exchange BTC to LTC, sell LTC, rebuy BTC, exchange to cash – isn’t that too much hassle?
Published at Fri, 17 Mar 2017 10:06:19 +0000
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