Made a low fee transaction. Can it be sped up?

[tezdogs]

Hi all,

As mentioned, I made a low fee transaction and I am concerned that it will not be confirmed for quite a long time. I was moving all of my funds from one Electrum wallet to another. I am extremely new to this and I am having some difficulty navigating the technical side of crypto transactions. I noticed that there is the CPFP option, but I am not exactly sure how it works or if I can even do it.

Anyway, I am hoping that there is some way I could have the transaction sped up. I have spent some time looking for answers already to no avail. Any help would be greatly appreciated!


Thank you kindly,


Terry

[tezdogs]

I should add; the wallet that I sent the money from was on my phone. The receiving wallet was on my PC (they are both the same seed, but use different addresses). I cant activate CPFP on my phone because the phone app doesnt seem to have that option. And then I can't activate it from the PC end either. I'm really stuck on this one. I was hoping that if I could somehow load that address from my phone onto my PC and transfer a little more BTC to that wallet, then I could send a CPFP transaction. Is there any way I can do this?

Thanks again!

[mocacinno]

So you have the same seed, but different addresses? Are you sure? Are those two different brands of wallet software with a different derivation path?
In case you're sending BTC to yourself, i wouldn't worry to much... When most nodes drop your transaction from their mempools, your wallet software will probably react like the transaction never existed, and you can just re-create it (it depends on the brand of wallet software you used tough, but since you didn't specify this in your OP, i have no idear what you're using).
Worst case scenario, you have to restore your wallets from seed or run some kind of repair or rescan function on them in order for this to happen.

A CPFP is a safe procedure, and can be done from the receiving wallet, and sometimes from the sending wallet IF there was change sent back to the sending wallet.
An RBF can be executed from the sending wallet IF you opted in for RBF when creating the transaction. It is also a safe procedure.