I have some bitcoins in a local Electrum wallet and wanted to do my first shopping with bitcoin from a shop offering payment via bitpay for an item costing (in USD) 20 dollar.

So I went through the payment process with bitpay (Bitcoin amount is around 1.8 mBTC), disabled in Electrum as they had suggested Replace-By=Fee and then pasted bitpay's payment url (bitcoin:?r=https://bitpay.com/i/....) into Electrum.

I got to the send screen. But here I received the following warning: "The fee for this transaction seems unusually high. (20%)" as shown in this screenshot:

Electrum warning

Why is the fee so high and how can I reduce it to an "normal level" like with credit cards (say 0.5-5%)?

  • What was the website used for this shopping?
    – user103136
    Oct 28, 2020 at 4:41
  • @Prayank The payment gateway is bitpay .
    – waldalla
    Oct 28, 2020 at 6:02
  • Bitpay is the worst option so wanted to know if the website has other options like BTCPay which could help in this case if you have few sats in LN wallet.
    – user103136
    Oct 28, 2020 at 6:37
  • @Prayank Thanks heaps for the suggestion! Good info. However in my case it is only credit card and bitcoin via bitpay.
    – waldalla
    Oct 28, 2020 at 22:35

1 Answer 1


This is expected, given the current mempool situation.

There are over 100k transactions pending as of this answer's writing. This has resulted in the fees rising significantly, up to 10x of what you might pay normally.

As your overall transaction value is small, this results in the warning showing up. The warning itself was added to prevent people from paying absurdly large fees. In your case, as the amount is small, the fee is proportionally considered large.

  • Thanks @RaghavSood. So there's nothing I can do about this?
    – waldalla
    Oct 28, 2020 at 6:05
  • You could wait until fees drop, but that's about it Oct 28, 2020 at 15:59
  • Ok, I'm not in a hurry. I will check again. Anywhere public (i.e. not as part of the payment process) where I can see fee estimations?
    – waldalla
    Oct 28, 2020 at 22:36

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