🚨 Transaction stuck in #mempool
#BitcoinFees are determined by the urgency of transaction confirmation. Using a small fee may result in longer confirmation times, suitable for non-urgent transfers like personal payments.
For time-sensitive transactions, like buying goods or services, a higher fee ensures quicker confirmation, preventing delays or missed opportunities.
In situations where network congestion is high, such as during peak usage times, larger fees incentivize miners to prioritize transactions, ensuring timely processing. Thus, fee size directly correlates with transaction priority and speed in the Bitcoin network.