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Author Topic: Please do not withdraw dust  (Read 197 times)
wetsuit
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April 01, 2017, 07:06:00 AM
 #1

Just a warning to faucet collectors - please do not withdraw dust amounts to your wallet. Either set a high threshold in your micropayment caches before withdrawing or accumulate your balance in faucets before withdrawing. If you withdraw dust, you will end up with transactions like these when trying to spend your coins:

https://www.blocktrail.com/BTC/tx/050a818311ace31976b5dfab0ca260a2dfbaeaefc33fef027677a4717e598aae

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Quimby88
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April 01, 2017, 09:22:06 AM
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That's true indeed. I have one super old bitcoin address where I am still collecting some referral commission and I didnt really care last couple of months, but a few weeks ago I checked that address and I find out there is $34, so I wanted to withdraw them but blockchain suggested $14 transaction fee and I wasn't willing to pay that...

but there is one trick what you can do, simply send all your funds to a different address (yours) with a really low fee to electrum wallet, electrum will allow you to spent unconfirmed funds, so you can resend all your funds to another your wallet with a little bit higher transaction fee. Once this latest will be confirmed, all your previous transaction will be confirmed as well.
 
It saved me around 13 usd...
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