There is no one-size-fits-all answer to this question, as the appropriate fee to use on Electrum will depend on a number of factors, including the size and number of transactions you are making, the current network conditions, and your own personal preferences. However, as a general rule of thumb, it is generally recommended to use a fee that is high enough to ensure timely confirmation of your transactions, but not so high that it becomes unnecessarily expensive.
Your fees are determined by the size of your transaction, as well as the satoshis per byte rate. Electrum's fee slider can be found in the screenshot above, below the fee field, and it can be used to generate a suitable fee based on market conditions. Fee estimation algorithms come in three varieties. When you pause your mouse cursor over the fee slider, a tooltip will appear explaining how long the transaction will take. Because we get blocks every 10 minutes, the average time is 10 minutes, so you can estimate how long it will take you. You can tell if it has been removed from your mempool by looking at the transaction status on the history tab.
There is no definitive answer to this question, as it depends on a number of factors, including how much you are willing to pay in fees, how fast you need your transaction to be confirmed, and how large your transaction is. Generally speaking, however, most users will want to use a fee rate of at least 0.0002 BTC/kb in order to have their transaction confirmed within a reasonable amount of time.
Electrum does not charge any fees to use.
There are no fees on Electrum.
On a computer with Electrum software, click the Help button and select Debug Window. Enter python -m electrum.server.fee_set into the console's open window: python -m electrum.server.fee_set. Python -m electrum.server.fee_set(1"), followed by the word "1,1" in the following command, can be used to set the fee for a transfer of 1 BTC.
There is no one-size-fits-all answer to this question, as the fee you pay will depend on a number of factors, including the amount of data you are sending, the number of inputs and outputs, and the current network conditions. However, there are a few general tips that may help you to lower your fee: - Try to avoid creating very small transactions, as these will often incur higher fees. - If you are sending to multiple addresses, you may be able to save on fees by creating a single transaction with multiple outputs. - Check the current network conditions before creating your transaction, as fees are often higher when the network is congested. - Use a fee estimation tool to help you determine an appropriate fee for your transaction.
In Electrum, you can set custom fees by opening the "Preferences" dialog, going to the "Transactions" tab, and then selecting the "Custom" option under "Fee". From here, you can enter the desired fee rate in satoshis per byte.
Please open the Settings tab in your Blockchain Wallet and navigate to Fees: br> to set fees for future deposits. To modify your fee, go to the Options page and select a regular fee, a priority fee, or a custom fee.
To set a fee for an electrum transaction, go to the "Send" tab, enter the amount you wish to send, and click on the "Fee" field. A new window will pop up allowing you to set a custom fee rate in satoshis per byte.
When you see a replaceable transaction's history tab, select "Increase Fee" to raise its fee. Select an appropriate fee from the "OK" menu and click OK. When an anonymous transaction has been executed, the window will open. By clicking on "Sign," you can sign and broadcast it.
If you attempt to spend an unconfirmed transaction, your computer will alert you that it is unconfirmed. This means that the transaction has not yet been accepted by the network. Your inputs could not be generated by a transaction that occurred in the past. The parent transaction appears to be a rumor. When you wait for a long time, the network will eventually agree that the transaction is valid. Your computer will continue to alert you that the transaction is unconfirmed in the meantime. If you want to spend an unconfirmed amount, wait until the transaction has been confirmed. This usually takes several hours or days to complete.