To add to the comment mocacinno made. Even if you were able to send such a small transaction, I doubt that conditions will be met in the near future where transactions with such low fees could be confirmed. There are almost 90 vMB of unconfirmed transactions broadcasted with 1 sat. I think the lowest fees that we have seen confirmed in the recent weeks (if not months) is in the 5 sat/vByte range.
Another thing worth paying attention to is what transactions are being purged from the mempools. According to https://mempool.space/, that is currently 3 sat/vByte. This will drop as the mempool empties a bit. What it means for you is that your transaction pays 3 times less than the minimum. It would have absolutely no priority at all.
Topic: recover electrum to another wallet (Read 131 times)
Eventough the other replies are correct, i feel most of them are not addressing the underlying issue here:
Fees are not payed to the wallet creator, they're payed to the miners to give them an incentive to add your transaction to the block they're trying to solve... The only thing your wallet does is trying to estimate witch fee would be sufficient for your transaction so it doesn't get stuck... This fee selecting is not an exact science since it depends on the size and feerate of the other transactions in the mempool (both current tx's and future tx's). Electrum is reasonably good at selecting a reasonable fee, so if you start messing with it, you risk getting your tx stuck.
It doesn't matter if you use electrum to manually set your fee, or if you import your seed phrase into an other wallet that lets you pick a lower fee: if your fee is to low, no miner will include your transaction into their block, and your tx will sit in the mempool for a long, long time...
So, your best bet would be to wait untill the mempool is allmost empty, and at that point you can create a tx with a 1 sat/byte fee... Eventough you'll never be able to create a transaction with a single input with a value of 100 sats... Most nodes simply don't relay tx's with a fee that's lower than 1 sat/byte, and a tx with 1 input and 1 output is larger than 100 vbytes, so your 100 sats will all be needed as a fee if you try to spend this unspent output... I do think your output value will be > 100 sats since a transaction with a dust output would also be invalid, so it would be very hard to have an unspent output with a 100 sat value funding your address in the first place.
Fees are not payed to the wallet creator, they're payed to the miners to give them an incentive to add your transaction to the block they're trying to solve... The only thing your wallet does is trying to estimate witch fee would be sufficient for your transaction so it doesn't get stuck... This fee selecting is not an exact science since it depends on the size and feerate of the other transactions in the mempool (both current tx's and future tx's). Electrum is reasonably good at selecting a reasonable fee, so if you start messing with it, you risk getting your tx stuck.
It doesn't matter if you use electrum to manually set your fee, or if you import your seed phrase into an other wallet that lets you pick a lower fee: if your fee is to low, no miner will include your transaction into their block, and your tx will sit in the mempool for a long, long time...
So, your best bet would be to wait untill the mempool is allmost empty, and at that point you can create a tx with a 1 sat/byte fee... Eventough you'll never be able to create a transaction with a single input with a value of 100 sats... Most nodes simply don't relay tx's with a fee that's lower than 1 sat/byte, and a tx with 1 input and 1 output is larger than 100 vbytes, so your 100 sats will all be needed as a fee if you try to spend this unspent output... I do think your output value will be > 100 sats since a transaction with a dust output would also be invalid, so it would be very hard to have an unspent output with a 100 sat value funding your address in the first place.
You might be able to import your master private key into another wallet software from electrum but it might be best just leaving the funds where they are.
Did you get sent the 0.001 mbtc or was it change left over from another transaction?
Also with a bit of fiddling I think it's possible to join one transaction from one electrum wallet to another - although that will probably lose you your 0.001mbtc still in fees.
However, if your purpose of migrating to another wallet is so that is can suggest lower default fees, you can do this yourself in Electrum. When you click "Pay" in the Send tab there is a window where you configure the transaction fees paid by adjusting the slider at the bottom left.
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@OP, Check the top centre of the screenshot so you know how to make sure rbf is enabled also just in case (doesn't cost any more in fees) but it'll allow you to bump a transaction if it gets stuck for a few days.
Did you get sent the 0.001 mbtc or was it change left over from another transaction?
Also with a bit of fiddling I think it's possible to join one transaction from one electrum wallet to another - although that will probably lose you your 0.001mbtc still in fees.
However, if your purpose of migrating to another wallet is so that is can suggest lower default fees, you can do this yourself in Electrum. When you click "Pay" in the Send tab there is a window where you configure the transaction fees paid by adjusting the slider at the bottom left.
[/quote]
@OP, Check the top centre of the screenshot so you know how to make sure rbf is enabled also just in case (doesn't cost any more in fees) but it'll allow you to bump a transaction if it gets stuck for a few days.
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So far the wallets mentioned above do not support private key importation, the best you can do is to still make use of electrum wallet. First,
Get the private key of the address that the bitcoin is sent to on your electrum wallet.
Second,
Make use of Iancoleman.io offline, or the best if you download its HTML file offline and use. Check the Iancoleman site for the instruction on how to use it offline by scrolling down the site.
Input your BIP39 seed phrase
Make sure you know the address the funds are
Click on Derivation path BIP44 for legacy (addresses that start with 1), BIP49 for nested segwit addresses (addresses that start from 3) or BIP84 for native segwit (addresses that start with bc1), depending on the ones your funds are
Scroll down and you will seed the lists of addresses, check the ones that correspond (is the same) with the ones that store your bitcoin, scroll front to see the corresponding private key(s).
The private key of the address(es) that has the bitcoin on electrum, together with the ones that have the bitcoin on your BIP39 wallet, copy and paste all on a note pad in the format below
Address 1
Address 2
Address 3
Copy it, click on newly downloaded electrum wallet from electrum.org, verify its signature.
Open the wallet
Click on next
Click on import private keys or addresses
Paste the copied private key(s)
The click on next
Make the electrum wallet synchronize with the blockchain
The whole funds will appear
The you can transfer all to the wallet you want, or leave it till when you need it.
If you're using the default kind of seed phrase, or you don't remember tinkering with that setting, then you have an Electrum seed phrase and you can't directly import it into another wallet unless it also lets you set he address derivation path.
You can import an Electrum seed into BlueWallet as long as at least one of the addresses derived from it received some coins.
0.00100 mBTC is only 100 sat preev price is around $0.05742.
That's very low that is why you can't able to send it anywhere even you pay 1sat/byte you can't still able to send it to another wallet.
Unless if you are talking about 0.001BTC?
What actually do you want to do with this amount?
I think even you still import it to another wallet and find the correct derivation path you can't still spend it on another wallet I'm sure they also have a fee or if you are planning to use the atomic wallet to exchange them for another coin you will still need to pay the fee.
That's very low that is why you can't able to send it anywhere even you pay 1sat/byte you can't still able to send it to another wallet.
Unless if you are talking about 0.001BTC?
What actually do you want to do with this amount?
I think even you still import it to another wallet and find the correct derivation path you can't still spend it on another wallet I'm sure they also have a fee or if you are planning to use the atomic wallet to exchange them for another coin you will still need to pay the fee.
If you're using the default kind of seed phrase, or you don't remember tinkering with that setting, then you have an Electrum seed phrase and you can't directly import it into another wallet unless it also lets you set the address derivation path.
But if you clearly made a BIP39 seed, by selecting the BIP39 seed option when you followed the instructions in the New/Restore wallet wizard, then you can directly import it into any other wallet that also uses BIP39 seeds.
The other option is to export the private keys from electrum and importing them into another wallet, but Atomic wallet doesn't let you import private keys.
However, if your purpose of migrating to another wallet is so that it can suggest lower default fees, you can do this yourself in Electrum. When you click "Pay" in the Send tab there is a window where you configure the transaction fees paid by adjusting the slider at the bottom left.
EDIT: Here's a screenshot of the window I'm talking about: https://bitcoinelectrum.com/how-to-manually-set-transaction-fees/
But if you clearly made a BIP39 seed, by selecting the BIP39 seed option when you followed the instructions in the New/Restore wallet wizard, then you can directly import it into any other wallet that also uses BIP39 seeds.
The other option is to export the private keys from electrum and importing them into another wallet, but Atomic wallet doesn't let you import private keys.
However, if your purpose of migrating to another wallet is so that it can suggest lower default fees, you can do this yourself in Electrum. When you click "Pay" in the Send tab there is a window where you configure the transaction fees paid by adjusting the slider at the bottom left.
EDIT: Here's a screenshot of the window I'm talking about: https://bitcoinelectrum.com/how-to-manually-set-transaction-fees/
You can import seed phrase from BIP39 wallet to electrum, but you can not import electrum seed phrase to BIP39 wallets. But you can check for the private key of the addresses that have the fund, and import the private key on BIP39 wallet. You can see the private key to an address under addresses on electrum wallet. But, I will not advice you to do that, 1 mBTC is 0.00001 BTC, that is a small amount. But if you insist, you will need to import the private key on the wallet of your choice that support private key importation.
hello guys
have a good time
can I recover (by 12-word) my electrum wallet to another wallet ?
(example atomic wallet or another wallet ?)
i have 0.00100 mBTC in my wallet and I can't transfer that, because transfer fee is 0.00226 mBTC and is very high !
i want to recover my mBTC to another wallet that a low transfer fee !
please help me
best regards
have a good time
can I recover (by 12-word) my electrum wallet to another wallet ?
(example atomic wallet or another wallet ?)
i have 0.00100 mBTC in my wallet and I can't transfer that, because transfer fee is 0.00226 mBTC and is very high !
i want to recover my mBTC to another wallet that a low transfer fee !
please help me
best regards
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