Topic: Different Exchange transactions fees challenge (Read 74 times)

I get your point but it is you not getting my point, transactions are irreversible on the blockchain but with if they aren’t confirmed they can be spent to another address through the use of RBF and since RBF isn’t enabled on your transaction because of the wallet you use for sending them you can simply double spend which is possible for two reasons; first is because the transaction is still unconfirmed and secondly because most nodes have enabled default RBF so they can easily replace old transactions with new ones.

Now why you need to actually import your wallet is because your trust wallet isn’t flexible like this to actually switch nodes like the electrum wallets or other wallets, you can simply switch nodes and check which of the nodes has your transactions as local and then your can rebroadcast a new transaction with a much higher fee. Reason why you use a much higher fee is because the old transaction might still be in the memepool of other nodes so to with fee being the priority for transaction selection the new transaction is picked and confirmed, there by rendering the old transaction invalid. But as BitMaxz suggested if you check the mempool explorer and your fee is around purging fee rate then you can as well wait for it to be automatically dropped from all the nodes.

Or better still contact the exchange in question should the transaction drops but to me that process takes a longer time and in most cases it never gets resolved


Yes I know, that’s why I even suggested the idea of double spending same transaction (basically RBF) as most of the nodes will just replace it with the new transaction since they have RBF enabled as default

You should read more careful and count the zeros.

Are you asking a question about an "excahge", or are you asking about double-spending an unconfirmed transaction?

FYI these days many node enable full RBF flag. That means you can replace any of your unconfirmed TX, even though it doesn't have RBF flag.


Rejected isn't best term, since what node actually does is dropping or removing such TX. In addition, the default duration is 2 weeks. Although it could happen sooner if node's mempool is full where it drop TX with lowest fee rate first.

Is the transaction is already one week?
I don't think it would stay forever on the network; usually it rejected by the mempool after pending for 1 week.
Much better to check the transaction after a week it should be going back to your wallet since it was rejected by the network.

The cancel solution mentioned above using Electrum is only applicable to those who want to pay an extra miners fee and remove the old transaction immediately, but because your transaction is nearly a week old, most nodes remove it.
If it is still pending, I would first check it on the mempool.space for the current status and to see if the transaction is subject to no priority fees.

Once you confirm that the fees is under no priority fees then you can just wait for a week until all nodes reject it without paying an extra miners fee.
You can recreate a new transaction that was rejected to all nodes and rebroadcast the transaction.

About the Binance minimum deposit, I think it is only 600 sats for legacy address and 2 sats for segwit address so how did you get this "0.00005".
You maybe talking about OKX that has minimum deposit of 0.0005BTC on my case before they never refund my BTC. So be careful when sending BTC to any exchange like OKX better use an exchange with a low minimum transaction.

Even though you import the wallet, it will not stop what's happening or going on to the wallet, I know quite well that it will be difficult for the coins to be reverse according to the analysis Charles-Tim said, but from what you explained I believe that you have not experienced this kind of challenge before, because once you experienced this kind, you will believe that importing the wallet with help of your seed phrase can render help. This matter should be a matter of blockchain, since the value bitcoin did not meet up the preferred demand of the excahges it suppose to bounce back to the wallet, so what we suppose to do is to agitate to the exchanges that refuses to return the funds why it has not meet to the number or figure of bitcoin before it can be confirmed.

Trust wallet doesn’t enables RBF if not it will be much easier and faster, so what you will do is to import the phrase or private key into another wallet like BlueWallet or better electrum wallet and then you will double spend to another address of your wallet with a much higher fee, I hope it works because that’s the only way since you cannot turn a non-RBF transaction to an RBF enabled one. If the double spending doesn’t works switch nodes on electrum. You need to it fast because once this transaction gets confirmed there is nothing to do again

Also if this transaction gets to Remitano your funds will be lost because they will confiscate them even if you want to top it up it won’t work.

The customer service of the Trust wallet, or the excahges that I used, the exchange in question I used for the transaction is remitano and the last I contacted them, they said they don't have anything to do, that the deposit that can be confirm on their network in bitcoin is 0.0005,  but in my Trust wallet history, it still writing pending showing that it has not be confirmed, so I don't know the possibility of it  to be revert as I said from the beginning.

Most of the exchanges that I know have low minimum deposit except OKX which is 0.0005 BTC. With the current price of bitcoin which is $91500, that is more than $45. My friend fall for this legit scam while two or more people on this forum fall for this scam less than 3 or 4 months ago, including BitMaxz. If you contact their customer care, they will not refund any coin.

Some wallet (such as Electrum) have feature to "cancel" transaction, by replacing that transaction with newer ones which send all coins to your change address. This is only possible if the transaction still unconfirmed (not included in a block) on Bitcoin network. Otherwise, contact their customer support and hope they'll make an exception for you.

Just want to know if exchange like binance or Remitano their least deposition is 0.00005, and you are not aware that the least that can confirm your transaction is a a value of BTC with such is value, so if you unknowingly deposited 0.0004 worth of BTC on the address and it refused to confirm, and BTC has already gone out from your wallet and is yet to confirm in the excahges, so what can you do to revert the BTC to your wallet since the transaction is still pending, so I don't know if its possible to get back your bitcoin since is on pending getting one week the transaction incident occurs.