Bitcoin Forum

Bitcoin => Electrum => Topic started by: Moddak2 on August 17, 2017, 12:25:59 PM



Title: Speed of confirmation with electrum portable
Post by: Moddak2 on August 17, 2017, 12:25:59 PM
Hi,I see option in electrum portable very low fee when send transactions - will confirm in 6 blocks,and high fee - within 1 block.On real time what timeframes will it be?


Title: Re: Speed of confirmation with electrum portable
Post by: kolloh on August 17, 2017, 03:03:15 PM
Hi,I see option in electrum portable very low fee when send transactions - will confirm in 6 blocks,and high fee - within 1 block.On real time what timeframes will it be?

Blocks occur on average every 10 minutes. However, there are many times where it can take longer for a block to be found.

I'd recommend using a higher fee if you need quick confirmation. I tend to normally use one to the left of the far right on the slider. If you are really in a crunch, you can use the slider on the far right.