Post
Topic
Board Bitcoin Discussion
Re: $30 in Bitcoin wallet, trying to send $15. LOW FEE PROBLEM
by
BTCforJoe
on 03/01/2018, 05:44:27 UTC
What to do when trying to send such small amounts of money using electrum.



Honestly, the best advice I can give you is to hold off and hope that the mempool decreases over the next few days/weeks. Otherwise, I was able to make a transaction yesterday for $150 for about $7 in fees (at 210 sat/byte). Still higher than I'm used to (100-150 sat/byte), but not bad considering that a lot of others have been paying much higher fees. I got 3 confirmations within an hour.

My transaction for reference: https://blockchain.info/tx/4a47a39ae0a667e1dd050a4e206519dd78b606c9bd022acef62901c5fc0f1b17