Post
Topic
Board Bitcoin Technical Support
Re: Deposit to Binance unconfirmed after 48hours using Android Bitcoin Wallet
by
hosseinimr93
on 08/02/2021, 01:01:04 UTC
@mikeywith will 145sat/b fee be enough to make the average of both 100 sats/byte?
First of all note that, transactions are prioritized based on the fee paid on sat/vbyte not sat/byte.
So, the exact answer depends on whether numbers shown on that page are at sat/byte or at sat/vbyte.

Now, I assume that those numbers are at sat/vbyte.

Size of the first transaction (the once mentioned in the OP) is 369 vbytes and you have already paid 932 satoshi as fee for it.

For calculating size of the second transaction, there will be two cases.

- The deposited fund is now in a native segwit address (an address starting with bc1):
Since the second transaction (the one you will make for implementing CPFP method) will include 2 inputs and 2 outputs, its size would be about 210 vbytes and you will pay about 30,450 satoshi as fee.
In this case, the equivalent transaction fee will about 54 sat/vbyte.

- The deposited fund is now in a legacy address (as address starting with 1):
In this case, size of the second transaction would be about 290 vbytes and you will pay 42,050 satoshi as fee.
The equivalent transaction fee will be about 65 sat/vbyte.

Note that there's a chance that those numbers are at sat/byte. If so, the equivalent transaction fee will be higher than what calculated above.
The size of transaction will be about 370 byte.
Assuming that number is at sat/byte, you will pay 53,650 satoshi for the second transaction.

If the deposited fund is now in a native segwit address, the transaction fee will be about 94 sat/vbyte.
If the deposited fund is now in a legacy address, the transaction fee will be about 83 sat/vbyte.