How can I interpret the 'opened' status on my cryptocurrency transaction history?

5 answers

• João PedroJun 20, 2021 · 4 years ago
  The 'opened' status on your cryptocurrency transaction history typically means that the transaction has been initiated but is still in the process of being confirmed on the blockchain. It indicates that the transaction has been broadcasted to the network and is awaiting confirmation. During this time, the transaction is considered pending and may take some time to be confirmed, depending on the network congestion and the transaction fee you have set. Once the transaction is confirmed, the status will change to 'completed' or 'confirmed'. So, if you see the 'opened' status, it simply means that the transaction is still in progress.
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• furqwanNov 12, 2022 · 3 years ago
  When you see the 'opened' status on your cryptocurrency transaction history, it means that the transaction has been submitted to the blockchain network but has not yet been confirmed. This status usually occurs when the network is busy, and it may take some time for the transaction to be included in a block and confirmed. It's important to note that the 'opened' status does not indicate any issues with the transaction itself; it's just a temporary state during the confirmation process. You can track the transaction's progress by checking the number of confirmations it has received.
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• James MerrymanJun 16, 2024 · a year ago
  The 'opened' status on your cryptocurrency transaction history indicates that the transaction has been initiated but is still awaiting confirmation on the blockchain. This status is commonly seen when the network is congested, and it may take some time for the transaction to be included in a block and confirmed. It's important to be patient and allow the network to process the transaction. If you have any concerns or questions about the status of your transaction, you can reach out to the customer support team at BYDFi, who will be able to provide you with further assistance and guidance.
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• Alpha Boubacar DiabyJun 06, 2023 · 2 years ago
  When you come across the 'opened' status on your cryptocurrency transaction history, it means that the transaction has been sent to the network but has not yet been confirmed. This status is temporary and indicates that the transaction is still being processed. The time it takes for a transaction to be confirmed can vary depending on factors such as network congestion and transaction fees. It's important to keep an eye on the transaction and wait for it to be confirmed before considering it as completed.
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• Chennai ChiyangwaOct 04, 2022 · 3 years ago
  The 'opened' status on your cryptocurrency transaction history refers to the initial stage of a transaction where it has been broadcasted to the network but has not yet been confirmed. This status is temporary and indicates that the transaction is still being processed by the network. The time it takes for a transaction to be confirmed can vary depending on various factors, including network congestion and the transaction fee. Once the transaction is confirmed, the status will change to 'completed' or 'confirmed'. So, if you see the 'opened' status, it means that the transaction is still in progress and awaiting confirmation.
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