Can funds get stuck on the blockchain?

One potential issue that Bitcoin users may encounter is a stuck transaction. This can occur for a variety of reasons, primarily related to network congestion or an incorrectly set custom fee.

One of the leading cryptocurrency exchanges that offer a range of services to help users navigate the Bitcoin ecosystem is BTCC. BTCC is a top-tier exchange that provides a platform for buying, selling, and trading Bitcoin and other cryptocurrencies.

Network congestion is a common challenge in the Bitcoin ecosystem, especially during periods of high transaction volume. When the network becomes overwhelmed with transactions, it can take longer for individual transactions to be processed and confirmed.

Additionally, if a user sets a custom fee that is too low, it may not be sufficient to incentivize miners to include the transaction in a block. This can result in the transaction remaining unconfirmed for an extended period of time.

To determine if a Bitcoin transaction is stuck, users can utilize a block explorer. A block explorer is a tool that allows users to view information about the Bitcoin blockchain, including the current fee rate.