Post
Topic
Board Electrum
Re: static or mempool for withdrawal
by
hugeblack
on 10/05/2023, 09:58:52 UTC
ive never done a mempool transfer.
Unfortunately, the fees are currently a bit high, so if you are not in a hurry, waiting for several days may reduce the fees a lot.
Go to this site ---> https://mempool.space/ when the fees are in the 5 sat/vB to 50 sat/vB then they will be low on average.

if someone was trying to move $200 worth of BTC 0.005 at the moment which would they choose?

We cannot give you an exact answer unless we know more information such as number of inputs, number of inpouts and the type of addresses in the transaction you want to create.

I do not know if you will understand what I said, but for a better explanation, I advise you to watch some videos[1] [2] [3] from aantonop YouTube channel.


[1] https://www.youtube.com/watch?v=FffX32ENGKc
[2] https://www.youtube.com/watch?v=r9Iltlnb1EU
[3] https://www.youtube.com/watch?v=JHUjC6gqJoA