Bitcoin Forum
May 27, 2024, 11:49:16 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: how to lower the transaction fee?  (Read 1680 times)
kalner123456 (OP)
Newbie
*
Offline Offline

Activity: 13
Merit: 0


View Profile
March 23, 2013, 04:26:54 PM
Last edit: March 23, 2013, 04:49:12 PM by kalner123456
 #1

Is there anyway to lower the transaction fee in multibit?
jim618
Legendary
*
Offline Offline

Activity: 1708
Merit: 1066



View Profile WWW
March 23, 2013, 11:17:40 PM
 #2

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).

MultiBit HD   Lightweight desktop client.                    Bitcoin Solutions Ltd   Bespoke software. Consultancy.
shkiser
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
April 06, 2013, 04:37:32 PM
 #3

I found this option recently and thought about lowering the fee. Does this cause any issues?

Free Litecoin Faucet ---> http://ltc4you.com/?r=6840
jim618
Legendary
*
Offline Offline

Activity: 1708
Merit: 1066



View Profile WWW
April 06, 2013, 06:18:14 PM
 #4

The main thing is that with a lower fee your transaction is less attractive to the miners so may/ will take longer to confirm.

MultiBit HD   Lightweight desktop client.                    Bitcoin Solutions Ltd   Bespoke software. Consultancy.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!