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Author Topic: how to lower the transaction fee?  (Read 1564 times)
kalner123456
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March 23, 2013, 04:26:54 PM
 #1

Is there anyway to lower the transaction fee in multibit?
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jim618
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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).

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shkiser
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April 06, 2013, 04:37:32 PM
 #3

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

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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.

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