
An LTC exchange can appear stuck even when the Litecoin network is operating normally. The operation usually contains several separate stages: the sending wallet creates and broadcasts a transaction, the network includes it in a block, the exchange detects the deposit and waits for its required confirmations, and only then does the service process the conversion or payout. A delay at any one stage can leave the order marked as pending.
Main Takeaways
- A transaction ID, or TXID, is the first useful dividing line: without one, the transfer may not have been broadcast; with one, its network status can usually be checked.
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