Bitcoin Forum

Other => MultiBit => Topic started by: kalner123456 on March 23, 2013, 04:26:54 PM



Title: how to lower the transaction fee?
Post by: kalner123456 on March 23, 2013, 04:26:54 PM
Is there anyway to lower the transaction fee in multibit?


Title: Re: how to lower the transaction fee?
Post by: jim618 on March 23, 2013, 11:17:40 PM
If you go into 'View | Preferences' you can change the default value of 0.001 BTC. There is a minimum value of 0.0001 BTC (mainly in there to stop transactions getting stuck unconfirmed).


Title: Re: how to lower the transaction fee?
Post by: shkiser on April 06, 2013, 04:37:32 PM
I found this option recently and thought about lowering the fee. Does this cause any issues?


Title: Re: how to lower the transaction fee?
Post by: jim618 on April 06, 2013, 06:18:14 PM
The main thing is that with a lower fee your transaction is less attractive to the miners so may/ will take longer to confirm.