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Author Topic: Can Ledgerwallet fees be customised ?  (Read 1324 times)
calkob (OP)
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December 28, 2016, 01:37:20 PM
 #1

So currently it is either high, standard or slow confirmation but i cant see anywhere in the setting to set a custom fee.  I always pay a fee but i like to set it myself according to the priority of the payment, i find the slow transaction fee set by ledgerwallet to be high for a slow confirmation time.  any ideas?
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December 28, 2016, 08:36:04 PM
 #2

So currently it is either high, standard or slow confirmation but i cant see anywhere in the setting to set a custom fee.  I always pay a fee but i like to set it myself according to the priority of the payment, i find the slow transaction fee set by ledgerwallet to be high for a slow confirmation time.  any ideas?

I don't know the version of your Ledger wallet but I am using the HW.1 cheapest ledger hardware wallet and if you set the confirmation to high usually for me is within 15-30 minutes the 1st confirmation, I don't know for you but for me this is fast enough compared to bank transactions.

Here is an old pic of my HW.1 hardware wallet and as you can see the high is high and fast enough, at least for me.





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calkob (OP)
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December 30, 2016, 11:55:08 AM
 #3

Yeah but its not really the speed of the confirmation that i am worried about, its more not having the ability to set the fee myself according to what i believe it should be, not what i am told to pay.
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December 30, 2016, 02:32:43 PM
 #4

Yeah but its not really the speed of the confirmation that i am worried about, its more not having the ability to set the fee myself according to what i believe it should be, not what i am told to pay.

With the ledger HW.1 hardware wallet there is no such option, so you cannot set it manually. However I think it's worth whatever the fee is(in high variant) as long as we receive a fast confirmation like 10-30 minutes max.




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TOURNAMENT PVP SYSTEM
  FACEBOOK |  TWITTER  |  LINKEDIN  |  TELEGRAM  |  GITHUB  |  ANN  | INSTAGRAM 

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calkob (OP)
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December 30, 2016, 07:47:09 PM
 #5

Yeah but its not really the speed of the confirmation that i am worried about, its more not having the ability to set the fee myself according to what i believe it should be, not what i am told to pay.

With the ledger HW.1 hardware wallet there is no such option, so you cannot set it manually. However I think it's worth whatever the fee is(in high variant) as long as we receive a fast confirmation like 10-30 minutes max.

Your not getting my point, yes i understand that a high fee gets a high confirmation, but what about 15 years from now when i want to move my long term storage and the fee for a slow confirmation is very expensive, set by who ever Huh  i would like to be able to set a custom fee, that is what i am saying, you may think its worth it, others may not.  Undecided
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December 30, 2016, 09:56:27 PM
 #6

Yeah but its not really the speed of the confirmation that i am worried about, its more not having the ability to set the fee myself according to what i believe it should be, not what i am told to pay.

With the ledger HW.1 hardware wallet there is no such option, so you cannot set it manually. However I think it's worth whatever the fee is(in high variant) as long as we receive a fast confirmation like 10-30 minutes max.

Your not getting my point, yes i understand that a high fee gets a high confirmation, but what about 15 years from now when i want to move my long term storage and the fee for a slow confirmation is very expensive, set by who ever Huh  i would like to be able to set a custom fee, that is what i am saying, you may think its worth it, others may not.  Undecided

You could always set up the Ledger in another wallet such as Electrum which supports custom fees. I don't have enough knowledge of the Ledger wallet to know if it supports custom fees, but personally I'd just use it with Electrum.
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