The time it takes to process a transaction is determined by the blockchain network, not the wallet used. Network congestion and the transaction fee set by the sender influence the speed of transaction processing.
When you send cryptocurrency, the network fee you choose affects the priority of your transaction in the queue of pending transactions. Miners and stakers tend to prioritize transactions with higher fees. Select a higher fee for faster confirmation or a lower fee if you can wait to save on costs.
Tangem offers 3 fee levels based on the current network load: Slow, Market, and Fast. Alternatively, you can set your own network fee for your transaction.
The app calculates the fee based on network load, transaction volume, and execution priority. If you set the fee yourself, ensure it's sufficient for confirmation; a low fee may prevent the transaction from being confirmed.
You can find more information about network commissions in our blog post: What is a Transaction Fee in Crypto and How is it Calculated?
Here’s how to monitor the transaction in the Tangem app :
1. Open the Tangem app.
2. Click on the coin/token you are interested in.
3. Scroll down and tap on the transaction you need. This will take you to your wallet's public address in the explorer.
4. Scroll through the list of transactions until you find the one you want.
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