I've recently had a problem transferring only a small amount of ethereum to Binance, and decided to investigate whether network congestion was still an issue...
I don't know if this is still the case, but in early December, Cryptokitties had a pretty big impact on the ethereum network. Collectors seemed to be clogging up the ethereum network, delaying transactions, and causing a pile-up of unprocessed transactions. The collectors are playing CryptoKitties, a game built on the ethereum blockchain where players spend ether—the digital token used by ethereum—to breed cartoon kittens or trade with other players. Unprocessed ethereum transactions have risen about six-fold since CryptoKitties was released on November 28th, according to data provider Etherscan.
I have been told that a lot of people have also been gifting each other Ethereum for Christmas (have to admit - it's a great gift). That along with all this Cryptokitty craziness is a sure way to block up the network.
I am aware however that some exchanges require a lot more confirmations that others, and Binance happens to be one of those, so I'm going to be patient...
Please feel free to comment and share your opinion & knowledge on what's happening with Ethereum right now!
Wallflower
I literally just transferred some ETH to Binance, Ill let you know how mine goes. I did mine from Coinbase to binance. Cheers!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Interesting! Thanks, and keep the updates coming! :-)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Will do!
also me..
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Haha, I know the feeling! After a 2 hour wait my transaction is finally going through.. It's 1 30th of the way there according to Binance 😂 Hang tight!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I see a confirmation now, almost done so yay!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Awesome! Glad it worked out 😂😂😂
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations @wallflowerpunch! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPDownvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit