Quote from: Yakamoto on June 16, 2019, 07:29:57 PM

Quote from: Slowbalt on June 16, 2019, 07:20:42 PM

Hello, new to the forum but have been investing in Crypto for about 2.5 years now. I just wanted to get your opinion on this one.

I have transferred from Electrum to Coinbase probably 5 times in the last month. This time I got my funds into my Electrum wallet and immediately did the same thing I always do I transferred them to my Coinbase wallet.

Well about 3 hours later I got the confirmations and I was like sweet and I went to coinbase and the transaction is still unconfirmed. The Confirmations I got I guess were from the sending party to Electrum. But my transfer from Electrum to Coinbase was still unconfirmed.

Normally the transfer takes around 2 hours from Electrum to Coinbase.

It has been 5 hours now and the transfer from Electrum to Coinbase is still unconfirmed. It shows the transaction is pending in my coinbase so I didn't send it to the wrong wallet.

Should I be worried or just be patient?

Chances are you didn't put a high enough transaction fee on your transaction from your Electrum wallet to your Coinbase account. Coinbase does all of that automatically, but I don't think Electrum has anything more than a default setting. Chances are that's why you haven't had your transaction be confirmed yet.

My recommendation is to check what the transaction fee settings are on your Electrum wallet and get back to us with what the default value is. That way we can help you determine whether that's the reason for your lengthy confirmation time or not. I'm thinking it is, but I won't be able to tell you for sure until you post the result.

Assuming that the fee is the issue, you should be able to change the default value and prevent this from happening in the future. Alternatively, set a new fee charge every time you send Bitcoin. This prevents overpaying when the average transaction fee is low.

So pretty much when I posted this thread the transaction got confirmed and it has gone through. It just took longer than you all for the information.

The fee amount I was using was .11267 which was pretty much the same as my previous transactions.

I guess that fee is 1.1%?