Etoro wallet pending transaction 28days

tranthidung

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Quote from: NotATether on September 08, 2023, 03:10:45 AM

If etoro is just firing everyone's transactions at 1 sat/vbyte without checking the fee estimation, then they might as well grind the whole exchange to a stop until the mempool clears up all of the pending transactions.

As an exchange, if their staffs who are responsible for broadcasting user withdrawals, setting transactions with that fee rate is unbelievable as they did not mind what's happening in mempools.

Checking eToro information about withdrawal for cryptocurrency, I feel weird.

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How long does it take to transfer crypto to the eToro Money crypto wallet?

It can take up to five business days for eToro to process the transfer request. We may ask you for further documents in some cases. From the moment that the request is processed, it can also take additional time for the coins to appear in the wallet. Furthermore, please note that there may be further delays in the execution of transfer requests.

Note: Requests are not processed on weekends and/or national holidays.

This is because all transfers are subject to a manual review. After the transaction is completed on our side, the length of time depends on the blockchain and is beyond eToro’s control.

Five business days, don't work on weekends or holidays, and they don't care what happened after they broadcast a transaction. They consider their job to serve their customers is done after broadcasting, in your case, it's with 1 sat/byte.

Who will use eToro?

Reminder: do not keep your money in online accounts

Battycoin

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Quote from: LoyceV on September 08, 2023, 03:33:04 AM

Quote from: logfiles on September 07, 2023, 02:59:56 PM

Which type of exchange still sets the fee rate at 1 sat/vbyte? Grin

The type that also includes 3973 sat multisig inputs. They're making the customers pay for their own dust consolidations.

Quote from: Battycoin on September 07, 2023, 02:54:41 PM

I only use etoro as an off ramp from fiat to btc. Think I’ll have to find some better options, maybe Revolut or something, the U.K. banks are making it a pain to buy BTC everywhere

Can't you use Kraken.com?

I’ll give Kraken a go. Santander have restricted most exchanges but I’ve not used Kraken yet. Thanks

LoyceV

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Quote from: logfiles on September 07, 2023, 02:59:56 PM

Which type of exchange still sets the fee rate at 1 sat/vbyte? Grin

The type that also includes 3973 sat multisig inputs. They're making the customers pay for their own dust consolidations.

Quote from: Battycoin on September 07, 2023, 02:54:41 PM

I only use etoro as an off ramp from fiat to btc. Think I’ll have to find some better options, maybe Revolut or something, the U.K. banks are making it a pain to buy BTC everywhere

Can't you use Kraken.com?

NotATether

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Quote from: khaled0111 on September 07, 2023, 05:37:31 PM

Quote from: logfiles on September 07, 2023, 02:59:56 PM

What the hell?

Which type of exchange still sets the fee rate at 1 sat/vbyte? Grin

To be fair, it seems like they have a problem with their fee estimator system. Am saying this because if you check the previous transactions sent from the etoro address (multisig 2of3), you will find that they always set a reasonable fee rate. For some transactions, they even pay way more than needed (100+ sat/vByte).
But I agree with you when it comes to rbf and the use of legacy addresses.

1 sat/vbyte won't even get your transaction in the mempool today. I just tried one, and it needs about 7-8 sats/vbyte now (5 doesn't work either).

If etoro is just firing everyone's transactions at 1 sat/vbyte without checking the fee estimation, then they might as well grind the whole exchange to a stop until the mempool clears up all of the pending transactions.

hosseinimr93

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I doubt OP can do CPFP.

OP, the transaction has been made 4 weeks ago and with the fee rate of only 1 sat/vbyte.
Almost no node has your transaction in their mempool and it's very unlikely that you can broadcast a transaction using the unconfirmed output created on the transaction in question.
If you import your address/private key in electrum or any other wallet, I doubt you can see the incoming unconfirmed transaction.

The only thing you can do now is to contact Etoro again and ask them to broadcast a new transaction with higher fee rate.

Quote from: albert0bsd on September 07, 2023, 08:57:08 PM

This mean that you need to move that balance paying some 40 sat/vB to move both TX.

In the unlikely event OP can do CPFP, 40 sat/vbyte wouldn't be enough.

The transaction in question has the virtual size of 1250 vbytes and assuming the new transaction will include 1 segwit 1 input and 1 output, its virtual size would be around 110 vbyte.
If OP use the fee rate of 40 sat/vbyte for the new transaction, the total fee (the fee paid for two transactions) would be around 5650 satoshi and the combined fee would be only 4 sat/vbyte.

OP should use the fee rate of 175 sat/vbyte for the new transaction, so that the combined fee is 15 sat/vbyte.

albert0bsd

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Quote from: Battycoin on September 07, 2023, 02:06:26 PM

Any help would be gratefully received.

Your only choice is CPFP

This mean that you need to move that balance paying some 40 sat/vB to move both TX.

Quote from: logfiles on September 07, 2023, 02:59:56 PM

I had never seen a transaction go beyond approximately 2 weeks without getting purged out of the mempool

Actually it should be is purged from regular mempool nodes, Explorer nodes set more memory for it, also they only show you the data thay they already have formated in its database.

Quote from: logfiles on September 07, 2023, 02:59:56 PM

Which type of exchange still sets the fee rate at 1 sat/vbyte? Grin

A gredy one, that is sad, most of the exchanges pay usually up to x2 times more fees to avoid get stuck like that, and that is not usually free, they charge you that amount to you and to another clients..

khaled0111

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Quote from: logfiles on September 07, 2023, 02:59:56 PM

What the hell?

Which type of exchange still sets the fee rate at 1 sat/vbyte? Grin

To be fair, it seems like they have a problem with their fee estimator system. Am saying this because if you check the previous transactions sent from the etoro address (multisig 2of3), you will find that they always set a reasonable fee rate. For some transactions, they even pay way more than needed (100+ sat/vByte).
But I agree with you when it comes to rbf and the use of legacy addresses.

logfiles

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Quote from: Battycoin on September 07, 2023, 02:06:26 PM

Hello, I’ve got a pending transaction that’s been stuck for 28 days

Etoro are no help at all, there are no tools to add fees to the transaction to push it through and it’s not been rejected. I’m at a loss on what to do.

Any help would be gratefully received.

69c65094fa9139ab15a98fd0929b7fec666c5a8d7abee4d24c2114f01b1b3900

What the hell?

Which type of exchange still sets the fee rate at 1 sat/vbyte? Grin

No RBF, No segwit adoption. This should definitely be the last time you use Etoro for trading crypto. I had never seen a transaction go beyond approximately 2 weeks without getting purged out of the mempool

satscraper

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Quote from: Findingnemo on September 07, 2023, 02:10:42 PM

Quote from: Battycoin on September 07, 2023, 02:06:26 PM

Hello, I’ve got a pending transaction that’s been stuck for 28 days

Etoro are no help at all, there are no tools to add fees to the transaction to push it through

If that's the case then you can use CPFP (Child-Pays-for-Parent) means you will bump the fee from the receiving end. But it is only possible if the receiving end is a noncustodial wallet, not an exchange address.

Etoro is known for delayed withdrawals so all you can do is wait.

His transaction has been broadcasted but with very low fee of 1,265 sats, thus you are correct, the only way for him is either to wait or use CPFP if he is in control of receiving address. There is less obvious way to use CPFP to bump fee from the change address ( controlled by eToro staff) , but to do this OP should address support and I don't think they will fulfill his request.

Quote from: https://www.blockchain.com/explorer/transactions/btc/69c65094fa9139ab15a98fd0929b7fec666c5a8d7abee4d24c2114f01b1b3900

Battycoin

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Quote from: Zaguru12 on September 07, 2023, 02:47:34 PM

Quote from: Battycoin on September 07, 2023, 02:39:09 PM

Ok, I’ll try the CPFP method, it’s being sent to one of my other wallets. I’ve not had to do it before so I’ll have a look into it. Thanks. I’m just confused why the transaction hasn’t just failed and been sent back to the wallet. Could the etoro wallet be continuously broadcasting?

Probably that’s the case here (rebroadcasting). First thing I would advice you use a wallet that actually supports fee bumping like CPFP, my suggestion will be to use either of BlueWallet on mobile or electrum on desktop. You can import your seed or keys into any and probably could be able to do that.

Thanks for the help guys, I’ts a learning curve I guess. I only use etoro as an off ramp from fiat to btc. Think I’ll have to find some better options, maybe Revolut or something, the U.K. banks are making it a pain to buy BTC everywhere

Zaguru12

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Quote from: Battycoin on September 07, 2023, 02:39:09 PM

Ok, I’ll try the CPFP method, it’s being sent to one of my other wallets. I’ve not had to do it before so I’ll have a look into it. Thanks. I’m just confused why the transaction hasn’t just failed and been sent back to the wallet. Could the etoro wallet be continuously broadcasting?

Probably that’s the case here (rebroadcasting). First thing I would advice you use a wallet that actually supports fee bumping like CPFP, my suggestion will be to use either of BlueWallet on mobile or electrum on desktop. You can import your seed or keys into any and probably could be able to do that.

Battycoin

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Quote from: Findingnemo on September 07, 2023, 02:10:42 PM

Quote from: Battycoin on September 07, 2023, 02:06:26 PM

Hello, I’ve got a pending transaction that’s been stuck for 28 days

Etoro are no help at all, there are no tools to add fees to the transaction to push it through

If that's the case then you can use CPFP (Child-Pays-for-Parent) means you will bump the fee from the receiving end. But it is only possible if the receiving end is a noncustodial wallet, not an exchange address.

Etoro is known for delayed withdrawals so all you can do is wait.

Quote from: Zaguru12 on September 07, 2023, 02:11:22 PM

bumping features so the best thing to do is to double spend it to another address. This time around use a higher transaction fee because

OP mentioned Etoro it's an exchange platform so how is it really possible for him to double spend the funds? Roll Eyes

'Not your keys, not your cryptos'

Quote from: Findingnemo on September 07, 2023, 02:10:42 PM

Quote from: Battycoin on September 07, 2023, 02:06:26 PM

Hello, I’ve got a pending transaction that’s been stuck for 28 days

Etoro are no help at all, there are no tools to add fees to the transaction to push it through

If that's the case then you can use CPFP (Child-Pays-for-Parent) means you will bump the fee from the receiving end. But it is only possible if the receiving end is a noncustodial wallet, not an exchange address.

Etoro is known for delayed withdrawals so all you can do is wait.

Quote from: Zaguru12 on September 07, 2023, 02:11:22 PM

bumping features so the best thing to do is to double spend it to another address. This time around use a higher transaction fee because

OP mentioned Etoro it's an exchange platform so how is it really possible for him to double spend the funds? Roll Eyes

'Not your keys, not your cryptos'

Ok, I’ll try the CPFP method, it’s being sent to one of my other wallets. I’ve not had to do it before so I’ll have a look into it. Thanks. I’m just confused why the transaction hasn’t just failed and been sent back to the wallet. Could the etoro wallet be continuously broadcasting?

Zaguru12

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It’s been 4 weeks now and I think you used a wallet that doesn’t support any of bumping features so the best thing to do is to double spend it to another address. This time around use a higher transaction fee because I don’t think the mempool will actually get close to 1sats/vbyte anytime soon. We are currently facing ordinal attacks again and no one is sure of when they will go away

Quote from: Findingnemo on September 07, 2023, 02:10:42 PM

Quote from: Zaguru12 on September 07, 2023, 02:11:22 PM

bumping features so the best thing to do is to double spend it to another address. This time around use a higher transaction fee because

OP mentioned Etoro it's an exchange platform so how is it really possible for him to double spend the funds? Roll Eyes

Yeah just got to look through it now and read some reviews that it’s CEX and has the bad habit of even processing transactions late. Double spending or any form of bumping is actually going to work. OP just needs to remain patient that the transaction gets dropped soon.

But how on earth can a fee be set at less than 2sats/vbyte. Definitely one of the worst CEX out there with this kind of stuff here

Findingnemo

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Quote from: Battycoin on September 07, 2023, 02:06:26 PM

Hello, I’ve got a pending transaction that’s been stuck for 28 days

Etoro are no help at all, there are no tools to add fees to the transaction to push it through

If that's the case then you can use CPFP (Child-Pays-for-Parent) means you will bump the fee from the receiving end. But it is only possible if the receiving end is a noncustodial wallet, not an exchange address.

Etoro is known for delayed withdrawals so all you can do is wait.

Quote from: Zaguru12 on September 07, 2023, 02:11:22 PM

bumping features so the best thing to do is to double spend it to another address. This time around use a higher transaction fee because

OP mentioned Etoro it's an exchange platform so how is it really possible for him to double spend the funds? Roll Eyes

'Not your keys, not your cryptos'

Battycoin

newbie

Activity: 4

Merit: 1

Hello, I’ve got a pending transaction that’s been stuck for 28 days

Etoro are no help at all, there are no tools to add fees to the transaction to push it through and it’s not been rejected. I’m at a loss on what to do.

Any help would be gratefully received.

69c65094fa9139ab15a98fd0929b7fec666c5a8d7abee4d24c2114f01b1b3900

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