New answers tagged

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Paxful has withdrawal fees, as any other exchange or Bitcoin service that I am aware of: sending bitcoin is costly, so it will be very unlikely that some company will send you btc without charging a fee. This is from Paxful Fees webpage: So Paxful charge you with 0,0004 btc if you withdraw more than 20$, which is usually more than you have to pay to send a ...


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I have a blockchain.com wallet. yesterday i did a big mistake : I customized transaction fee and set it to 10 satoshi. Here is the tx link of that transaction. Now after 1 day it has n't confirm. I would consider use of blockchain.com wallet also a mistake but that's just my opinion. Tx shared in the question: ...


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Yes. Similarly if you used a courier to send a package containing $0.01, you could find that it would cost more to send it then the value of the contents.


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ViaBTC's Transaction Accelerator service can be used and you can pay with BTC but it will cost $100 or more. You can wait for your transaction to be confirmed by Monday or you could have tried to spend unconfirmed UTXO if it was not cash app and some non custodial bitcoin wallet by following the below steps : Generate a new Bitcoin address in wallet. Make ...


-1

So it looks like your transaction does not have RBF (Replace-by-Fee) enabled, so you won't be able to bump your fee in a replacement transaction. And there's no change output, so it seems you sent all your money in one go, so you wouldn't be able to do a CPFP (Child-Pays-for-Parent) transaction. One suggestion is to use ViaBTC's Transaction Accelerator ...


0

The transaction you made is quite large, so also if the fee you paid is not low in absolute term, it is in relation to the space taken on blockchain. 0.00120000 / 11767 = 0.00000010 you have paid 10 sat/vByte that was borderline to be included in a block in the days you should have broadcast the transaction. As you can check here: https://jochen-hoenicke.de/...


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Selecting final will disable RBF for the transaction and you will not be increase the fee anymore. Example: I did a transaction 7d1a7ecd1a68443c07f89f38180d3f3dc945edb2784ebfb7f7c113842d7d8509 with fee rate 1 sat/vByte, increased the fee rate to 3 sat/vBbyte and replace the transaction with d47e59db69c91f3e653da9c5ed0e0f9fc8fdc4422a4e8650d4d6b66c1db60f18 and ...


0

Coin selection algorithm in Electrum favours privacy so its using all the UTXOs associated with the address as explained by leevancleef. To reproduce this I followed the below steps in Electrum 4.0.9: Send some amount to one of the addresses from coins tab. Freeze other coins Try to create a transaction paying amount less than both coins available for ...


1

Electrum used both UTXO, even if only one was needed, to protect your privacy albeit at the expense of higher fee. This is from the Electrum source code and explain this choice: Attempts to better preserve user privacy. First, if any coin is spent from a user address, all coins are. Compared to spending from other addresses to make up an amount, this reduces ...


0

546 satoshis. 0.00000546 BTC. In the Bitcoin.com Wallet in particular, you can go into the Settings area -> BTC Network Fee policy -> and select a fee there, either preset or a custom fee (in sat/byte).


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Is there a particular minimal amount of Bitcoin one is allowed to send? 0.00005460 BTC. According to Paxful Before making any transactions or depositing Bitcoin to your Paxful wallet, it is important for you to know the minimum BTC amount allowed by the blockchain network for a transaction. Currently, the smallest amount of Bitcoin you can send or receive ...


0

Fees are way to big ... How can i send everything from one big address and pay only 20$ usd fee [the default bitcoin fee, i see on some services, 5 usd]? To spend from a bigger amount instead of several small, you must have it. If you fragment your bitcoin holdings sending small amount (for testing purpose or any other reason) to your other addresses, then ...


3

"Buy the dip" is used by traders even for legacy markets and nothing specific for Bitcoin. This will undoubtedly incur high network fees For paying less in fees while moving bitcoin from/to exchange do the following: Use P2P exchanges: Bisq and HodlHodl Use open source bitcoin wallets with active development and support for segwit Use RBF for ...


3

This occurs because Bitcoin Core's coin selection algorithm tries to have a minimum change of 0.01 BTC. Fees are subtracted from the change output so the result is that the change output has a lower value, but before fees, it will try to for the change output to be at least 0.01 BTC. As we can see in your transaction, the change before fees is approximately ...


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