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Title: Electrum and minimum transaction fee Post by: Croal on December 27, 2017, 06:45:37 PM Hello everyone,
I have 0.42607 mBTC on an Electrum wallet and I would like to transfer this amount. But when I fill out the form, even if I indicate a minimum fee, it doesn't want to go below 0.42607 mBTC (2.21911 mBTC/kB), which means that I can't transfer Bitcoins. That is why I wonder about the minimum fee imposed by Electrum. Thank you in advance for your answers, Croal Title: Re: Electrum and minimum transaction fee Post by: Abdussamad on December 28, 2017, 07:32:00 AM This amount is too small to be transferred. It's basically the transaction fee for a typical transaction! Even if you managed to transfer it somewhere the recipient couldn't spend it.
As for fees they vary according to market conditions. You can set a custom fee by going to tools > preferences > fees tab and checking edit fees manually. Then on the send tab you will get the option to customize the fee. Keep an eye on sites like this one below if you want to know what the prevailing fees are: https://btc.com/stats/unconfirmed-tx Title: Re: Electrum and minimum transaction fee Post by: Croal on December 28, 2017, 05:15:51 PM Thank you for your answer.
I'm very surprised for the fee because that's still represent 6 USD ! I finally made the transaction with a 0.0576 mBTC fee (0.3 mBTC/kB), so the amount sent is 0.36847 mBTC. The "Bitcoin Fees for Transaction" site (https://bitcoinfees.earn.com/) indicated a delay between 30 to 1200 minutes, but the transaction seems to be stuck now. Here is my transaction ID : e6be946adc9cd61cee97a4a081563c6f073c32ab54745eae832dcc6ef968b6d6 . Should I wait any longer or is there something to do ? Croal |