what should I set my transaction fee to?

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Topic: what should I set my transaction fee to? (Read 731 times)

nostromo429 (OP)

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what should I set my transaction fee to?

December 30, 2011, 08:09:53 AM

I'm seeing little and conflicting information online about what to set the transaction fee to in my wallet. Old docs said something like 0.01, that seems high at today's price. Any links I can read on this?

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theymos

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Re: what should I set my transaction fee to?

December 30, 2011, 10:53:03 AM

In the GUI you can safely set it to 0. Bitcoin will still ask you to pay a fee when one is recommended.

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zerostate976

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Re: what should I set my transaction fee to?

December 30, 2011, 11:08:33 PM

nostromo429 (OP)

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Re: what should I set my transaction fee to?

December 31, 2011, 01:43:56 AM

Thanks! Maybe they should update the suggestion in the GUI for noobs.

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