Post
Topic
Board Wallet software
Merits 1 from 1 user
Re: very high fees on exodus when trying to send bitcoin
by
dkbit98
on 23/03/2021, 11:04:20 UTC
⭐ Merited by hosseinimr93 (1)
Hi, so I have an account on coinbase as well as an exodus wallet. So I know the basics about how bitcoin works and how to buy and store it.

However, I notice that if I try to send bitcoin from my exodus wallet to a bitcoin address that it shows a fee I do not think is reasonable at all.

Exodus often shows much higher default fees but there is a way to reduce it and set manual custom fees for Exodus wallet when you are sending Bitcoin transactions.

First you need to open your Exodus Bitcoin wallet page and click on 3 dots on top right angle.



Then you should choose Advanced Options from menu:



Then click the bottom slider to Enable Custom Fees



Then you can go back to your Bitcoin wallet and click Send button to send your Bitcoin.
You will see new window with slider you move left or right and you can even write manually bellow 10 sat/byte (I don't recommend this if you don't know what you are doing)



Make sure you check mempool.space and other websites that shows number of stuck and incoming bitcoin transactions, and enter your fee  accordingly.

Now you can click Send button and you are done.