Crypto Payment Statuses Review

When accepting crypto payments, it is important to know a little something about the process — so as not to worry about the timing and be cool. We have already discussed crypto transactions. Let’s take a closer look at their statuses!

Crypto payments are subject to confirmation. In Bitcoin blockchain, the time it takes to mine and adds a new block on the network is 10 minutes on average. The purpose of the block is to verify and record any new transactions that might have happened since the last block. Since the bitcoin blockchain does not approve single transactions and waits for a block of a definite size — that contains a specific number of transactions — to be mined, the time taken to approve a bitcoin transaction includes the time it takes to mine a new block.

These days, many businesses and individual crypto-enthusiasts are accepting bitcoin as payment. As we have seen already, payment in cryptocurrency is not immediately followed by a payment confirmation notification. Having one’s bitcoin status pending or bitcoin status unconfirmed is quite a regular phenomenon.

With NOWPayments, it says “Confirming” at this point, and then you see the coveted “Confirmed” status, which means the blockchain has confirmed the transaction.

To address this issue, several blockchain explorers help to check bitcoin payment status and other types of crypto statuses. But, to know why crypto payment confirmation takes so long, we need to know the process involved in it.


Why use

NOWPayments is the easiest way to accept online payments in a wide variety of cryptocurrencies. This service is custody-free, has competitive fees and is available worldwide.

  • Over 50 cryptocurrencies are accepted on the platform with an in-built exchange feature;
  • API, widgets, plugins and a donation button are all easy to integrate;
  • It is a non-custodial service ensuring the security of your funds;
  • A very simple setup

Crypto happens — accept it NOW!



-- is an awesome service for easy and smooth crypto payments processing. We believe in simplicity — no excess. Made by

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Trading Journal for 9/9

Who is: DEPO Team

The Strange Litigation of Monkey Capital

Optimism and NFTs

How do Crypto exchanges stack up based on different metrics?

Money matters for the salaried — a simple guide for young, restless, and time-constrained

Bitcoin surpassed $20,000 for the first time, The world’s most well-known cryptocurrency surged…

EQUOS — Morning Update — December 7th

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store

NOWPayments is an awesome service for easy and smooth crypto payments processing. We believe in simplicity — no excess. Made by

More from Medium

UAE’s Bukhatir group to build Tunis sports city

What is an Automated Market Maker (AMM)?

The EU Crypto Law and the future of Decentralised Finance

A Systems Engineer’s Guide to… The Blockchain