Post
Topic
Board Bitcoin Discussion
Re: Transaction is pending because fee was too low, now what
by
bitmover
on 17/12/2023, 15:47:21 UTC
Hello

I have a question about transaction fees. I think I did a transaction for which the transaction fee was lower than the Low Prio fee (mempool.space). It is now +/- $15 and I think I payed +/- $10. That amount was suggested by my app and I accepted it blindly. I did not expect it to be so low. Anyway, the question I have is, what will now happen with that transaction. Is my btc lost in transit forever?

Unfortunate, in my app I don't have the possibility to bump the fee

One final question. As the fee is expressed in sats/vb. How do I know how many vbytes my transaction is?




What really matters is not how much you paid in usd  but what fee rate (in sat/vbyte) you used.

Always take a look at https://mempool.space  to wee what fee rate you should user.
Now you should use about  300 sat/vbyte
If you share your transaction ID, or insert it in mempool.space  you can see how long it will take

If you used