My suggestion....
Refund all people theyr money and start again with minimum 0.01 and maximum 0.1.
More people will deposit and the waiting time will be small.
Now noone deposits 1st because is to high 0.1 and 2nd to many pendings and waiting time.
Dont live with the illusion that people will deposit money with so high minimum and so many pendings.
After all you need to gain as many people as you can.
More deposits means more money to your pocket.

Think of it.