Bitcoin Forum

Bitcoin => Electrum => Topic started by: Rune on April 20, 2016, 05:06:47 PM



Title: Need some help with Electrum wallet fees
Post by: Rune on April 20, 2016, 05:06:47 PM
I am using Electrum wallet and I want my transactions to not be medium priority anymore.
I would like every transaction to be high priority on the network
Is there some formula to figure out how much should be sent in a fee to achieve this
I also don't want to over pay for no reason

Right now it is set to Transaction fee per kb: 0.0001
and this gives medium priority transactions every time


Title: Re: Need some help with Electrum wallet fees
Post by: BitcoinNewsMagazine on April 20, 2016, 05:18:54 PM
I am using Electrum wallet and I want my transactions to not be medium priority anymore.
I would like every transaction to be high priority on the network
Is there some formula to figure out how much should be sent in a fee to achieve this
I also don't want to over pay for no reason

Right now it is set to Transaction fee per kb: 0.0001
and this gives medium priority transactions every time

This site (https://bitcoinfees.21.co/) should help. You can always just use a .0005 fee but that might be more than required depending on the mempool size at the time you want to send.


Title: Re: Need some help with Electrum wallet fees
Post by: Rune on April 20, 2016, 05:28:38 PM
I am using Electrum wallet and I want my transactions to not be medium priority anymore.
I would like every transaction to be high priority on the network
Is there some formula to figure out how much should be sent in a fee to achieve this
I also don't want to over pay for no reason

Right now it is set to Transaction fee per kb: 0.0001
and this gives medium priority transactions every time

This site (https://bitcoinfees.21.co/) should help. You can always just use a .0005 fee but that might be more than required depending on the mempool size at the time you want to send.

This is very useful thank you very much for this.


Title: Re: Need some help with Electrum wallet fees
Post by: defcon23 on April 20, 2016, 10:09:54 PM
a good way is too send 30 satoshis/bytes..
have a look here for more informations : https://bitcoinfees.21.co/ ( as mentioned in a post above .. )