Why is my cryptocurrency withdrawal pending?

All cryptocurrency withdrawals are given a status of 'Pending' after they have been submitted, which will remain until the withdrawal has been processed and given a status of 'In Progress'. 

All cryptocurrency withdrawals with a status of 'In Progress' have been sent out, and you will be able to track the withdrawal on a blockchain explorer. The status of the withdrawal will remain 'In Progress' until there have been sufficient confirmations on the blockchain. You can view the number of confirmations required below.

After the required number of confirmations on the blockchain has been met, your withdrawal will be given a status of 'Completed', and removed from your reserve balance.