Post
Topic
Board Electrum
How to use Replaceable Fee?
by
japerry
on 26/10/2016, 12:42:42 UTC
I'm running Electrum 2.7.11 on Windows 7 with a Ledger HW.1 hardware wallet.

I see that when you send BTC with Electrum that you have the option to mark the transaction to support a "replaceable fee". The help box says that you can resend the transaction with a higher fee in the event that the original transaction fee is too low.

How exactly does one use this feature under Electrum? I understand what a "replaceable fee" is and why you would choose to use it. I'm specifically asking what the steps would be with Electrum to "re-start" a transaction?

Can someone provide a "cookbook" example on how to use this feature?

Thanks!