Post
Topic
Board Beginners & Help
Merits 1 from 1 user
Re: Transaction is pending because fee was too low, now what
by
Charmekkd
on 18/12/2023, 15:12:34 UTC
⭐ Merited by fillippone (1)
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?
Recently, bitcoin transaction costs have been very high, this will certainly burden bitcoin investors who have small amounts of assets. However, if you have a bitcoin transaction that is stuck, and not confirmed after several days. Usually the transaction will be canceled and the bitcoins you sent will be returned and will remain safe, so don't worry.

Unfortunate, in my app I don't have the possibility to bump the fee
If what you mean is the RBF feature, it means you have to change your wallet to a wallet that supports this feature. Like electrum and bluewallet.