Edited By
Daniel Kim
A growing list of people is expressing frustration regarding delays in transfers of USDT through Gemini. A recent case involved transactions of 500 USDT and 1000 USDT sent Saturday morning that were withdrawn from the sender's account but never appeared in the recipient's wallets.
Transferring USDT can be a hassle for some, especially when relying on exchanges like Gemini. In this instance, the sender used Gemini to process payments to others, citing frustrations with competitors like Binance and Coinbase. The issue occurs just 45 minutes after the transactions were initiated.
Several comments from people reflect a mix of frustration and curiosity regarding the transaction process:
"What network did you send it on?"
"Always worked for me using the right address."
"ERC20 transactions can take a bit, patience helps."
These comments indicate that successful transfers mostly depend on using the correct network and address, yet suggest that delays are not uncommon.
Interestingly, user experiences vary. One user shared, "If you used the correct address, then it will be there." Another commented that the recipient received their transfer after about 58 minutes, hinting that some users might need to allow additional time for USDT transfers to process.
๐ 45 minutes and still waiting for transfers raises eyebrows.
โณ ERC20 transfers can take longer than expected.
๐ฌ "If the address is right, you should be fine," a reassuring comment from the community.
Gemini and other platforms must address these transaction delays. Staying informed about network conditions can help mitigate concerns for users depending on timely transactions.
While some remain skeptical, many users are encouraged to remain patient as the intricate world of crypto transactions continues to evolve.