Post
Topic
Board Electrum
Re: High Fees on Electrum? Normal?
by
Asuspawer09
on 12/05/2024, 09:56:02 UTC
Didn't know about his coins, static, add to control, etc. seems new to me, I usually just send it directly and the fees are lower and match on the mempool I didn't need to do this setup is it new?, thanks a lot!
It's not new, if I'm not mistaken, coin-control feature is already established in Electrum years ago (around 2015).

As for it being new to you, your wallet probably has only few UTXOs in your first few sends.

Have you been receiving Bitcoin to a single or just a few addresses?
Because if so, by default, Electrum will spend all of the associated UTXO with that address when sending (for better privacy),
the side-effect is the typical high transaction vB that you saw in the first screenshot.

I have been receiving Bitcoin only in one wallet address.

Is the number of coin control inputs going to matter? is it going to affect the transaction speed or its just a matter of privacy?