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Author Topic: What happens if I set very low transaction fees  (Read 407 times)
libert19
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December 08, 2018, 03:59:02 AM
 #21

I set 'priority' in BTC transactions through coinomi, and it takes around half hour to receive on other end so may be 2-4 hours for you.

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December 08, 2018, 04:10:41 AM
 #22

What makes you put fees as low as that? Cheesy I don't know for sure what will happen, but usually your coins will get stuck there for a long time or maybe they will never come back, because this kind of case I've met a long time ago and I've experienced it too. This case is like gas that is lacking in ethereum transactions, maybe you can find the same solution with such a case. good luck and be careful!

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December 08, 2018, 06:33:58 AM
 #23

I made a transaction setting a very low transaction fee (6 Sat/B). I thought it was enough but it's been over an hour and I can see my transaction is not still confirmed.

Question in my head is: What if the transaction never confirms? When will it be back to my wallet in that case?


Thanks in advance
Low transaction has been experiencing long traffic along the network, it takes long to confirm or never confirm which is bad especially when the transaction is irreversible. Maybe you should cancel it and try another one. See the maximum transaction fee because the higher it is, the faster the process will be.

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December 08, 2018, 05:41:30 PM
 #24

I always check this page to determine the fee
This is very helpful. Thank you o_e_l_e_o and other who posted here.

The idea is pretty clear to me and those who read as well. I am going to lock the topic before making it a megathread by the spammers  Smiley

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