Long story short I withdrew SBD equivalent to around $640 when converted to my country's fiat yesterday. 20 hours had passed and the transaction is still unconfirmed. I wish I visited Blocktrades before I did so I knew why.

So lesson 1: Visit @blocktrades before you withdraw anything.

Here is an excerpt from their post:

Please be aware that bitcoin transaction fees have spiked again, delaying a number of bitcoin transactions sent from our site in the past 13 hours (in other words, we have sent transactions that haven't yet confirmed after 13 hours).

I once again repeat my recommendation to use Doge, Litecoin,or ETH if possible if you are ultimately trying to get to your native fiat currency. A similar recommendation applies if you are trying to buy from our site: if you are in a hurry to make a purchase, right now I would suggest paying with something other than bitcoin until the congestion on the network subsides.

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So now I'm stuck here, left to wonder what has happened to my precious Bitcoin.

And this graphic from https://blockchain.info/unconfirmed-transactions certainly does not help:

Not only that but inspecting my transaction revealed that I paid $160 in fees. As a store of money Bitcoin is really failing badly right now.

So remember guys, visit @Blocktrades before you withdraw. Or transfer your SBD to an exchange first(I haven't tried this yet so I cannot confirm if this is faster or not.)