![]() Can you tell me more about what these terms mean in my Electrum wallet - Dynamic costs. I really don't think it's anything substantial. You may check and modify your billing preferences once the installation is complete." It says "A small fee will be charged on each transaction that uses the remote server. So go you'll have to find the billing preferences and go from there. Wow they really don't make it easy finding out what the fee would be. bitdimes: Electrum doesn't charge any fees. If you send a transaction post here so people can also find the answer here. That fee you mention is added to the transaction so that miners include it in a block. And playing with that i changed something. I dont understand almost anything about fees,blocks(i think its called blocks) etc. And it's not a fixed value nor a percentage. Hi, im new in using a desktops wallets, and i choose an a Electrum. ![]() Unlike many other coins (such as Monero) Bitcoin does not have a dynamic block size. Do transactions on BTC just occasionally languish in 'unconfirmed' status with no recourse for the user Yes. It depends on the size of the transaction. WHY electrum allows such a low fee that the tx gets stuck With the default fee, your transaction usually takes less than 2 days to be fully confirmed. Well, i did a transaction of $9.6btc from my localbitcoin account, to the wallet electrum generated for me, i was shocked beyond words, when i sent the money to another wallet, and what arrived in that wallet was $00.2, less than a dollar. on close inspection, i noticed that in the tool tab, under the preference, then transactions menu, the fee is preset to dynamic fee 0.5 btc multiplier 150%. it got me not just annoyed, but frustrated. ![]() ![]() worst part is that there is no way of contacting them to express your disappointment, and ask for refund. How do the fees work in electrum wallet With dynamic fees on, when the slider is set to minimum it's saying it will be 0.00172BTC which is like 8/11. cause taking all $8 usd as fee and sending less than $1 they gotta be out of their mind. Is this how much you have to pay for every transaction Everywhere I've looked people say to check dynamic fees or it may not go through but this seems ridiculously high. Bottle l Black Tattoo Ink Colors Available 34.99. you have to check the "set the transaction fees manually" so that when you are sending money you will see the fee directly under the actual money you want to send. Add to Wishlist Quick view Add to Bag The item has been added. Electrum Supply 24266 CR 45 Elkhart, IN 46516 Follow Us. even so, if you set the fee to a lower limit, than they suggest. you get an error message that says, "transaction requires a higher fee, or it will not be propagated by the network". it's my first time and definitely gonna be my last to use their services. I tried, and with the checkbox not being there, if you send a tx, it's not RBF.Īlso, it might be relevant to #2533, that I encountered that issue under these circumstances.I used electrum 2.6.4 portable version downloaded right from their website. When I initially create a transaction in the SEND tab, the slider is in the second position from the left and shows that I have it set to 10 sat/byt. (even if "Propose Replace-By-Fee" is set to "Always") In 3.0.2, I have my fee set to non-dynamic mode. It seems that the "replaceable" checkbox only appears when the client obtains the estimates, which it does not, hence it doesn't show up. However, I would also like to report that sending RBF transactions seems NOT to be possible at all (when dynamic fee estimates are not available). If you allow "Edit fees manually" in Preferences, and set a fee yourself, it works. Enable dynamic tees and set the slider all the way up when sending. If you have a change output, you can attempt a Child-Pays-For-Parent transaction. For the sender of a transaction, you can also: Attempt an Replace-By-Fee double spend transaction. (When you click on "send", a popup window tells you "Dynamic fee estimates not available", which you can only "OK") You should always be running the latest Electrum. Wait for the network to 'forget' about the transaction. For low fees best to enable Replace By Fee (RBF) in prefs and checkmark it when sending. Be careful about sending a tx with too low fee as it can get stuck for a long time. The lack of a dynamic fee estimate makes sending transactions difficult. Try sliding the fee slider more left (lower) to see if that changes to allowable, or manually edit a lower fee (need to disable dynamic fees in prefs). Hence, the root of the problem might actually be with e-x or bitcoind not being able to provide a fee estimate. Note that in this time frame, there have been more than 10,000 (!) blocks mined. ![]() I've been experiencing this for the past ~7 hours. ![]()
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