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Title: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 05, 2021, 03:18:10 PM Now a days bitcoin fees is too high.
https://i.ibb.co/PYZNRNv/Screenshot.png Can i set 10 satosi/byte? ---------------------- Update - 1 I have sent the btc and waiting for confirmation. https://www.blockchain.com/btc/tx/d7a2a8abf4e6dfca72ab5bffa34b58d2db59150700eb99d9dbfe127fba8e9abe --------------------------- Update - 2 The transaction confirmed Thank You all for replying. Title: Re: Can I lower bitcoin network fees? Post by: Little Mouse on February 05, 2021, 03:22:25 PM You can even use 1 satoshi per byte but that may not confirm your transaction. If I'm correct 10 sat per byte is too low at the moment. Anyway, you can use any fee per byte if you want. It may only slower the confirmation.
Title: Re: Can I lower bitcoin network fees? Post by: Lucius on February 05, 2021, 03:33:14 PM Theoretically, you can put a minimum fee of 1 sat/byte - the only problem is that you will then wait a very long time for your transaction to be confirmed. Currently, with 10 sat/byte the expected time for the first confirmation is about 7-8 blocks, if we take into account that on average about 10 minutes between blocks it is easy to calculate how long it will take for your transaction to be confirmation.
If you are not in a hurry, and you can wait, you are free to set that fee - and if you need a fast transaction, the situation is such that you can achieve it with 17-20 sat/byte at this moment. Check the third graph (mempool size in MB), and point with your mouse at the end (you will get current data). Each block is about 1 MB and you can always see how much you have to pay to position your transaction relative to the current size mempool. https://jochen-hoenicke.de/queue/#0,24h Title: Re: Can I lower bitcoin network fees? Post by: sheenshane on February 05, 2021, 03:58:09 PM Tend to agree with the comments above, there are some Bitcoin wallets that support customize transaction fees (https://coinsutra.com/bitcoin-wallets-custom-transaction-fees/) and it depends on the wallet that has that feature because there are some wallets that have fixed fees and you won't able to customize. Even 1 sat/vB you can do this if you're not in hurry but I don't think the 1 sat/vB IF will not be rejected to the mempool network, if it is, it will automatically back into your wallet in approximately 7-14 days.
For the calculation of accurate fees, you might refer to this.
However, I may advise following the required fees in the network, IMO. It becomes frustrated to wait days or weeks to be confirmed your transaction. Maybe if you have bulk transactions and if you want to send it at once, you can try Lightning Network and Electrum wallet was supported this feature. Title: Re: Can I lower bitcoin network fees? Post by: Welsh on February 05, 2021, 04:09:51 PM Basically, as others have stated you include the fee based on the priority of the transaction. If you want to make a urgent transaction then you can increase the fee beyond the recommended value. If you aren't in a particular rush for the transaction to be confirmed, you can lower the fee. Just remember, by lowering the fee you are reducing the chance that its included in the next block, and it could take a very long time if the fee is too low, or theoretically forever. Miners work on a incentive basis, so they include transactions which are higher incentive.
So, Bitcoin doesn't have too high fees per say, its just that paying around the average is recommended if you want that transaction to be sent, and confirmed within a acceptable time. Title: Re: Can I lower bitcoin network fees? Post by: mocacinno on February 05, 2021, 04:13:30 PM Just a quick tip for next time: switch wallets to a decent, non-custodial, desktop (or hardware, or paper or airgapped) wallet that supports rbf.
As far as i know, blockchain doesn't support rbf, by switching to a wallet that allows opt-in rbf, you could have made a 1 sat/byte transaction and bumped the fee in case it started taking to long to confirm... But this is just a tip for next time :) Title: Re: Can I lower bitcoin network fees? Post by: hosseinimr93 on February 05, 2021, 07:22:45 PM Theoretically, you can put a minimum fee of 1 sat/byte...... The minimum transaction fee isn't 1 sat/byte. Transactions can be relayed even with lower fees. The minimum transaction fee is 1 sat/vbyte. Assuming a transaction is made from a native segwit address and there are 1 input and 1 output, the transaction size would be about 225 bytes or 140 vbytes. If you set the fee for this transaction to 1 sat/vbyte, the fee paid at sat/byte would be about 0.6 Off-course, when the network is so congested, nodes don't accept transactions paying 1 sat/vbyte as fee and you need to pay higher fees, so your transaction is relayed. Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 06, 2021, 02:28:35 AM Guys I don't understand technical things....
I can wait 1-2 days for transaction to be confirmed. https://mempool.space showing 13 sat/bytes need 30 minutes to get confirm... I'm using https://www.blockchain.com wallet. Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 06, 2021, 03:13:05 AM Tend to agree with the comments above, there are some Bitcoin wallets that support customize transaction fees (https://coinsutra.com/bitcoin-wallets-custom-transaction-fees/) and it depends on the wallet that has that feature because there are some wallets that have fixed fees and you won't able to customize. Even 1 sat/vB you can do this if you're not in hurry but I don't think the 1 sat/vB IF will not be rejected to the mempool network, if it is, it will automatically back into your wallet in approximately 7-14 days. So i can set 10 sat/byte. If transaction not confirmed then it will return back to my wallet in 7 to 14 days. Then i can try with 10 sat/byte.... For the calculation of accurate fees, you might refer to this.
However, I may advise following the required fees in the network, IMO. It becomes frustrated to wait days or weeks to be confirmed your transaction. Maybe if you have bulk transactions and if you want to send it at once, you can try Lightning Network and Electrum wallet was supported this feature. Is there any chance of stuck or not return? Title: Re: Can I lower bitcoin network fees? Post by: Upgrade00 on February 06, 2021, 05:01:35 AM So i can set 10 sat/byte. If transaction not confirmed then it will return back to my wallet in 7 to 14 days. Then i can try with 10 sat/byte.... If you're not in a particular hurry as you say, you can use a low feerate and wait it out to get confirmed. The network changes often, so you may end up waiting longer than anticipated if there is a spike in unconfirmed transactions which would clog up the mempool or it remains unconfirmed till it's dropped.Is there any chance of stuck or not return? No, there's no chance of your transaction getting stuck or not returned if it does not get picked by any miner. Theoretically, it never left your address and the amounts you tried sendng would simply be reflected back to your wallet.Title: Re: Can I lower bitcoin network fees? Post by: tranthidung on February 06, 2021, 06:33:03 AM So i can set 10 sat/byte. If you have not yet broadcast your transaction, now 10 sat/vbyte will help yours get the first confirmation in the next 1 block (around 10 minutes).Check the mempool there: https://jochen-hoenicke.de/queue/#1,24h See it with the third chart (bottom): hover the mouse to the end of chart (it presents the current time), and see total size of mempool for each fee rate range. You will see from tip of the mempool to 10 sat/vbyte, total size is 0.14 MB. With this site, one block will take a max of 1 MB from the tip. In reality, you can set your fee at 8 sat/vbyte and get quick confirmation and if you can wait till late of Sunday, you can set the fee at 4 sat/vbyte. Read more to understand weekend and working-hour effects
Quote If transaction not confirmed then it will return back to my wallet in 7 to 14 days. Then i can try with 10 sat/byte.... The default time that a node drop unconfirmed transaction from its mempool is 336 hours or 14 days but other nodes can add your waiting transaction to their mempools.Is there any chance of stuck or not return? If you wait for long, and want to get confirmations, you can bump your fee. However, I have no idea that blockchain.com allows you to bump fee or not. Read details https://bitcoin.org/en/release/v0.20.0#tests-and-qa https://github.com/bitcoin/bitcoin/pull/18172 Title: Re: Can I lower bitcoin network fees? Post by: 20kevin20 on February 06, 2021, 09:05:54 AM Apart from the suggestions above, consider doing all your transactions from now on during the weekends. It's when the mempool usually clears up and lower sat/bytes (or per vbytes) get confirmed much, much easier. During times where the markets don't go crazy, even 1sat/byte fees get confirmed very quickly.
Title: Re: Can I lower bitcoin network fees? Post by: Peanutswar on February 06, 2021, 09:09:07 AM As they said and of course I will tell this too you can have a 1sat/byte on your transaction but before this also you can check the mempool so you are aware of the number of unconfirmed transactions due to a large number of transactions there is a lower chance that your transactions will be processed immediately mostly those set the transaction fee into 50 sat/byte or lower does not hurry up to transfer their funds. But if you want 70-100 sat/byte is the recommended for me. It's all about depends on your patience to wait.
Title: Re: Can I lower bitcoin network fees? Post by: Findingnemo on February 06, 2021, 12:52:15 PM Guys I don't understand technical things.... 13sat/byte for 30 minutes is just an assumption with the current network traffic in the meanwhile the fees can be pushed to 100 sat as well so don't consider your transaction will confirmed in the mentioned time period but most of the time if you set fee over 20sat then you have high chances that it will be confirmed even when the network is congested.I can wait 1-2 days for transaction to be confirmed. https://mempool.space showing 13 sat/bytes need 30 minutes to get confirm... I'm using https://www.blockchain.com wallet. At the time I am writing this post, the fastest fee is 20 sat/byte. Title: Re: Can I lower bitcoin network fees? Post by: sheenshane on February 06, 2021, 02:24:06 PM Guys I don't understand technical things.... If you can't wait for how many days for your transaction to be confirmed, use the two options on Blockchain.com. From the Transaction Fee button, scroll down and you will see there are two options the Regular and Priority fees. I recommend Regular fees since it is confirmed only a few hours since you can't wait 1-2 days transaction. I can wait 1-2 days for transaction to be confirmed. https://mempool.space showing 13 sat/bytes need 30 minutes to get confirm... I'm using https://www.blockchain.com wallet. But if you really want to save fees and willing to wait for how many days, even 13 sats fee per bytes. Just click the Customize Fee on the screen and enter the desired amount of fee but a long time to wait. Is there any chance of stuck or not return? It was fully explained by @tranthidung above, there's no chance that your transaction will be stuck forever, it should be confirmed for days for the low fees. Or else, it will be dropped by the network and return to the sender's address.IMO, better to use open-source Bitcoin wallets, not a web wallet like Blockchain.com. Title: Re: Can I lower bitcoin network fees? Post by: Noctis Connor on February 06, 2021, 02:30:55 PM Now a days bitcoin fees is too high. It always depends on the transaction you're going to make since there are alot of transaction are being made daily ever since for example if you will transact around 0.5 half of your bitcoin the bytes are bit high same with the transaction fee and if your going to set it into that low the priority will be at the bottom so it means that you will gonna wait that long just to receive your bitcoin from it's destination but for me i always choose the regular fee's because i can just wait and if you're in rush then priority is a must. here are the sample : https://privacypros.io/tools/bitcoin-fee-estimator/ this you can learn from it.https://i.ibb.co/PYZNRNv/Screenshot.png Can i set 10 satosi/byte? Title: Re: Can I lower bitcoin network fees? Post by: RickDeckard on February 06, 2021, 02:39:27 PM So i can set 10 sat/byte. If you have not yet broadcast your transaction, now 10 sat/vbyte will help yours get the first confirmation in the next 1 block (around 10 minutes).Check the mempool there: https://jochen-hoenicke.de/queue/#1,24h See it with the third chart (bottom): hover the mouse to the end of chart (it presents the current time), and see total size of mempool for each fee rate range. You will see from tip of the mempool to 10 sat/vbyte, total size is 0.14 MB. With this site, one block will take a max of 1 MB from the tip. In reality, you can set your fee at 8 sat/vbyte and get quick confirmation and if you can wait till late of Sunday, you can set the fee at 4 sat/vbyte. Read more to understand weekend and working-hour effects
Quote If transaction not confirmed then it will return back to my wallet in 7 to 14 days. Then i can try with 10 sat/byte.... The default time that a node drop unconfirmed transaction from its mempool is 336 hours or 14 days but other nodes can add your waiting transaction to their mempools.Is there any chance of stuck or not return? If you wait for long, and want to get confirmations, you can bump your fee. However, I have no idea that blockchain.com allows you to bump fee or not. Read details https://bitcoin.org/en/release/v0.20.0#tests-and-qa https://github.com/bitcoin/bitcoin/pull/18172 Do you guys think that it would be wise to make a small information thread regarding how to read/interpret the information on graphs such as the one posted by tranthidung? It would take me some time to write it, but I would do it if it would help recent newcomers to the forum that may feel overwhelmed by the information ... Title: Re: Can I lower bitcoin network fees? Post by: virasog on February 06, 2021, 02:50:34 PM Guys I don't understand technical things.... I can wait 1-2 days for transaction to be confirmed. https://mempool.space showing 13 sat/bytes need 30 minutes to get confirm... I'm using https://www.blockchain.com wallet. If you are sending money from your one wallet to another and/or you can wait for few days for the confirmation, you can use the low fee. It will save you on the fee but will take much longer time for confirmation. Also note that even if mempool shows 13 sat/byte takes half an hour, it will usually take more time to confirm. Title: Re: Can I lower bitcoin network fees? Post by: tranthidung on February 07, 2021, 05:54:50 AM Do you guys think that it would be wise to make a small information thread regarding how to read/interpret the information on graphs such as the one posted by tranthidung? I don't think it is necessary as the website already has its guide to read charts. You and some others jump to the site, see the charts and leave and don't mind to read the guide part. Maybe people leave it not only because they don't understand it but also because they don't have interests to save transaction fees. When they have such demands, they will find out resources to learn and apply.A small advice is bookmark helpful pages that you see for later use. There you go (the highlighted part is what I described above): Quote This page displays the number and size of the unconfirmed transactions, also known as the transactions in the mempool. It gives a real-time view and shows how the mempool evolves over the time. The transactions are colored by the amount of fee they pay per (virtual) byte. The data is generated from my full node and is updated every minute. Note that in decentralized cryptocurrencies there is no global transaction mempool; every node keeps its own set of unconfirmed transactions that it has seen. The mempool is also cleared when I reboot my node. The idea is based on the retired service bitcoinqueue.com. The data is separated into different fee levels given in satoshi per bytes. The lowest colored stripe is for transactions that pay the lowest fee. Higher fee transactions are stacked on top of it. Since miners prefer high fee transactions, a new block usually only removes the top-most 1 MB worth of transactons from the queue. If a colored stripe persists over several hours without getting smaller, this means that transactions paying this amount of fee are not confirmed during this time, because there are higher paying transactions that take precedence. The bottom-most chart shows the same statistics but uses the total transaction size instead of the number of transactions as the y axis. If a stripe on the bottom chart is much bigger than on the top chart, the transactions are larger than the average. You can click on some fee level in the legend to hide all fee levels below that level. This way you can better see how many transactions are competing with that fee level. Note that sizes include the segwit discount, i.e., the graphs show virtual byte (weight divided by four). For segwit transactions, the real size of the transaction is a bit larger than the virtual size. So for the BTC and LTC chains, a block will always take at most 1 MB from the mempool, even if it is bigger than 1 MB, because the lower diagram already shows the size in vbyte (with the segwit discount included). The segwit discount is also included when computing the fee level for a transaction. In case a transaction pays exactly the fee that defines the boundary between stripes, it is included in the higher stripe. Free transactions are not included, even if they make it into the mempool. Title: Re: Can I lower bitcoin network fees? Post by: pakhitheboss on February 07, 2021, 06:25:32 AM It all depends how much time you can wait for your Bitcoins to credit the other wallet. Bitcoin fee is equal to time taken for 1 confirmation. I suggest you check mempool.space every time before you do a Bitcoin transaction. It provides the average fee and the time taken for 1 confirmation information.
Title: Re: Can I lower bitcoin network fees? Post by: Lucius on February 07, 2021, 11:08:44 AM Do you guys think that it would be wise to make a small information thread regarding how to read/interpret the information on graphs such as the one posted by tranthidung? It would take me some time to write it, but I would do it if it would help recent newcomers to the forum that may feel overwhelmed by the information ... Such a thread already exists, look here -> Make sure to avoid wasting BTC for too high fees – step by step guide (Electrum) (https://bitcointalk.org/index.php?topic=5182906.0) I have to admit that I have used some other sites before to calculate the optimal fee, but anyone who learns how to read mempool data will always be able to set the fee in the best possible way. Using SegWit and setting the fee correctly can definitely save you money. Title: Re: Can I lower bitcoin network fees? Post by: RickDeckard on February 07, 2021, 12:06:55 PM Do you guys think that it would be wise to make a small information thread regarding how to read/interpret the information on graphs such as the one posted by tranthidung? It would take me some time to write it, but I would do it if it would help recent newcomers to the forum that may feel overwhelmed by the information ... Such a thread already exists, look here -> Make sure to avoid wasting BTC for too high fees – step by step guide (Electrum) (https://bitcointalk.org/index.php?topic=5182906.0) I have to admit that I have used some other sites before to calculate the optimal fee, but anyone who learns how to read mempool data will always be able to set the fee in the best possible way. Using SegWit and setting the fee correctly can definitely save you money. Perhaps I'll consider instead writing up a small guide in order to introduce people to the amount of mempool information provides, albeit the reading from mempool can already be understood from the thread that you provided. Title: Re: Can I lower bitcoin network fees? Post by: Lucius on February 07, 2021, 02:11:37 PM Interesting, thank you for letting me know Lucius. You're welcome ;) I had similar thinking like you a few months ago, because I have noticed that many do not understand the visual presentation on that website (jochen-hoenicke), but then someone drew my attention to the thread in question. Given the cost of BTC and the frequent congestion of mempool, everyone should know how to interpret this data - and this means not only that we can save on fees, but also that we can convince many not to blindly believe what their wallets show when it comes to fees. Title: Re: Can I lower bitcoin network fees? Post by: RickDeckard on February 07, 2021, 02:54:57 PM Interesting, thank you for letting me know Lucius. You're welcome ;) I had similar thinking like you a few months ago, because I have noticed that many do not understand the visual presentation on that website (jochen-hoenicke), but then someone drew my attention to the thread in question. Given the cost of BTC and the frequent congestion of mempool, everyone should know how to interpret this data - and this means not only that we can save on fees, but also that we can convince many not to blindly believe what their wallets show when it comes to fees. Every 1 % counts, especially when we're talking about fees in any way ;) Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 08, 2021, 03:05:59 PM i have sent those btc with 14+ sat/byte fees.
How much time it will take? https://www.blockchain.com/btc/tx/d7a2a8abf4e6dfca72ab5bffa34b58d2db59150700eb99d9dbfe127fba8e9abe Title: Re: Can I lower bitcoin network fees? Post by: mocacinno on February 08, 2021, 03:18:23 PM i have sent those btc with 14+ sat/byte fees. How much time it will take? https://www.blockchain.com/btc/tx/d7a2a8abf4e6dfca72ab5bffa34b58d2db59150700eb99d9dbfe127fba8e9abe Nobody could tell you... Only guess: https://jochen-hoenicke.de/queue/#0,24h The only thing i can tell you is that 8Mb of tx's have payed more than 14 sat/byte... So if everybody would stop broadcasting transactions and the average time between 2 blocks stayed ~10 minutes, it would still take another 80 minutes before your transaction would end up in a block (on average). If, over the next few hours/days more than 1Mb of new tx's with a fee >14 sat/byte get broadcasted per 10 minutes, you'll have to wait... If over the next hours/days less than 1Mb of new tx's with a fee of > 14 sat/byte get broadcasted, you'll move closer to the top and see your odds of ending up in a block increasing... Title: Re: Can I lower bitcoin network fees? Post by: tranthidung on February 08, 2021, 03:23:11 PM i have sent those btc with 14+ sat/byte fees. Check the mempool with https://jochen-hoenicke.de/queue/#1,8hHow much time it will take? https://www.blockchain.com/btc/tx/d7a2a8abf4e6dfca72ab5bffa34b58d2db59150700eb99d9dbfe127fba8e9abe Your fee rate is 9.7 MB from the tip or it is about 10 blocks from the tip. Mempool is changing in seconds, up and down in size so it might take 10 blocks or longer or shorter to get the first confirmation for your transaction. I think Bitcoin rises enough and after few more hours, people will be less hurry with it, and your transaction will be confirmed. You can check the priority of your unconfirmed transaction with https://blockchair.com/bitcoin/transaction/d7a2a8abf4e6dfca72ab5bffa34b58d2db59150700eb99d9dbfe127fba8e9abe. As of writing, the priority is: 22488/60418 Unconfirmed transactions. If you want to protect your IP address, you should check it with Tor browser. Download it there https://www.torproject.org/ I see another thing from your transaction:
Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 08, 2021, 03:41:53 PM i have sent those btc with 14+ sat/byte fees. u want to protect your IP address, you should check it with Tor browser. Download it there https://www.torproject.org/How much time it will take? https://www.blockchain.com/btc/tx/d7a2a8abf4e6dfca72ab5bffa34b58d2db59150700eb99d9dbfe127fba8e9abe I see another thing from your transaction:
I didn't see that Replace By Fee option on blockchain wallet Title: Re: Can I lower bitcoin network fees? Post by: pawanjain on February 08, 2021, 04:53:37 PM I didn't see that Replace By Fee option on blockchain wallet Most of the times you have to enable the RBF (Replace by fee) option from the setting of the wallet. Not sure if Blockchain wallet has that. You can find the RBF option in non-custodial wallets like Electrum and Mycelium. RBF is a good feature when your transaction is stuck in the mempool for a longer period of time. If you want to learn more about it here's a detailed guide https://medium.com/@overtorment/bitcoin-replace-by-fee-guide-e10032f9a93f Title: Re: Can I lower bitcoin network fees? Post by: sheenshane on February 08, 2021, 05:08:16 PM I didn't see that Replace By Fee option on blockchain wallet Unfortunately, the web wallet that you've used didn't support RBF, in that case, you've nothing to do is just to wait when it will be confirmed. We told you earlier that if you want to have a fast transaction you should put high fees or the required amount on the mempool. I don't think when it will be confirmed, it seems the mempool network now was loaded, and a little bit of traffic. 14 sats per bytes is quite low fees, it's either will drop on the network or else, it takes few more days without any specific time frame when it will be confirmed. You should know these consequences before deciding to put lower fees. Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 08, 2021, 05:51:39 PM I didn't see that Replace By Fee option on blockchain wallet Unfortunately, the web wallet that you've used didn't support RBF, in that case, you've nothing to do is just to wait when it will be confirmed. We told you earlier that if you want to have a fast transaction you should put high fees or the required amount on the mempool. I don't think when it will be confirmed, it seems the mempool network now was loaded, and a little bit of traffic. 14 sats per bytes is quite low fees, it's either will drop on the network or else, it takes few more days without any specific time frame when it will be confirmed. You should know these consequences before deciding to put lower fees. What can i do now? Title: Re: Can I lower bitcoin network fees? Post by: pawanjain on February 09, 2021, 02:26:32 AM I didn't see that Replace By Fee option on blockchain wallet Unfortunately, the web wallet that you've used didn't support RBF, in that case, you've nothing to do is just to wait when it will be confirmed. We told you earlier that if you want to have a fast transaction you should put high fees or the required amount on the mempool. I don't think when it will be confirmed, it seems the mempool network now was loaded, and a little bit of traffic. 14 sats per bytes is quite low fees, it's either will drop on the network or else, it takes few more days without any specific time frame when it will be confirmed. You should know these consequences before deciding to put lower fees. What can i do now? If your wallet doesn't support RBF then there's nothing you can do. If your transaction fees is less then you can just wait for it to be confirmed in a few days. In some cases, if the transaction fees is very low then the miners exclude that transaction from the mempool and the coins get credited back to your wallet. You can then spend them again with a higher fees this time so that your transaction is confirmed. As a bitcoiner you must be open to learn new things which is why I would advice you to read this guide on RBF to get a clear understanding. https://medium.com/@overtorment/bitcoin-replace-by-fee-guide-e10032f9a93f Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 09, 2021, 08:44:56 AM i found an option "child pay for parent" can i use it?
Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 09, 2021, 05:53:37 PM Bitcoin fees are too high. Other virtual currency paypal, skrill or neteller fees are very low...
This is what i don't about bitcoin. Title: Re: Can I lower bitcoin network fees? Post by: TalkStar on February 09, 2021, 07:28:40 PM Bitcoin fees are too high. Other virtual currency paypal, skrill or neteller fees are very low... Bitcoin transaction is not similar like other virtual currency like paypal or skrill. They have their own transaction fee system but bitcoin transaction fee calculation is far different from them. I don't know actually which wallet you are using but if you want to set fees from your end then i will suggest you to use "Electrum". Electrum interface is pretty much easier and you can put transaction fees there as like as you want but you will have to keep it on mind that your confirmation speed will depend on your fee. This is what i don't about bitcoin. Do not download eletrum wallet from unknown sources. There is multiple electrum phishing site and scammers are stealing people’s money through fake electrum wallet. Here is Electrum official website: https://electrum.org Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 14, 2021, 02:10:30 PM The transaction confirmed Thank You all for replying. Title: Re: Can I lower bitcoin network fees? Post by: TalkStar on February 14, 2021, 06:37:24 PM The transaction confirmed Thank You all for replying. Now you can lock the topic which will close the door for spammers. You have already got the necessery help from this topic and now its better to lock this one. Good luck. Title: Re: Can I lower bitcoin network fees? Post by: Pokapoka124 on February 14, 2021, 09:02:09 PM If you are looking foe less fees use Eos network for your transactions
Title: Re: Can I lower bitcoin network fees? Post by: Angel_Isabella on February 14, 2021, 10:57:35 PM The transaction confirmed Thank You all for replying. Now you can lock the topic which will close the door for spammers. You have already got the necessery help from this topic and now its better to lock this one. Good luck. Topic locked. |
