Transaction shows low fee in electrum wallet

HCP

legendary

Activity: 2086

Merit: 4361

The wallet is telling you that compared with current Network averages, your transaction is considered a low fee transaction.

The Bitcoin network has been experiencing significant activity for well over a week... The mempool has been averaging over 100,000+ unconfirmed transactions. As such, fees have skyrocketed Undecided

Your transaction has a fee of 0.00043492 BTC/KB... Which is equivalent to 43.492 sats/byte.

Currently, the recommended fees are over 800 sats/byte!!?! Shocked

(refer: https://bitcoinfees.earn.com and https://btc.com/stats/unconfirmed-tx)... Nearly 20x what you paid.

Your transaction is not going to confirm any time soon.

You can try right clicking the transaction and see if "bump fee" is available, otherwise ViaBTC accelerator (near impossible to use now because so many people competing for 100 slots) or a (trustworthy) paid accelerator like BTC.com or the paid service on ViaBTC. Other then that, sit back and wait, if the transaction isn't confirmed after ?? Days (maybe 2+ weeks) it will most likely drop from the mempool and the coins will be "returned" to your wallet.

JTASSOCIATES

full member

Activity: 182

Merit: 100

Hi below is the details of the unconfirmed transaction.So kindly suggest what should be done.

8c520b773e44a9d7326359aa63f36368ceb9597288e1628723bb022d430fd716

Status: Unconfirmed
Expected Confirmation time: Unknown (lowfee)

Amount Sent:0.019BTC
Size:1552
Fee:0.000675BTC(.00043492BTC/KB)

OUTPUTS (2)
17xphZLuHxGSq1WNDx2zy91EDzHBBBapSF 0.000079
1H8kzd38V3Xhs3c6jbx52k6jPzmhCVii17 0.019

stripykitteh

legendary

Activity: 1176

Merit: 1001

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Quote from: JTASSOCIATES on December 16, 2017, 03:01:34 AM

Hi I sent 0.019 btc from my electrum wallet to my LBC wallet with a transaction fee of 0.0006 BTC.It shows only as low fee in electrum wallet for the past ten days.I have tried to accelerate in transaction accelerator service also.But no use.Kindly suggest me what should be done.Thanks in advance.

Sometimes wallets don't synch properly. Have you reset the wallet during those days?
You might need to pay for the transaction to speed up the process if it's still slow.

odolvlobo

legendary

Activity: 4508

Merit: 3425

If your transaction has a change address, you can try sending the bitcoins in that address to yourself with a high fee. The second transaction can only be confirmed if the first transaction is confirmed. If the miner wants the high fee, they will have to include both.

JTASSOCIATES

full member

Activity: 182

Merit: 100

Hi I sent 0.019 btc from my electrum wallet to my LBC wallet with a transaction fee of 0.0006 BTC.It shows only as low fee in electrum wallet for the past ten days.I have tried to accelerate in transaction accelerator service also.But no use.Kindly suggest me what should be done.Thanks in advance.

Topic: Transaction shows low fee in electrum wallet (Read 131 times)