Post
Topic
Board Electrum
Topic OP
Sweeping fee
by
h4ns
on 11/11/2024, 15:36:08 UTC
Hi, I just learned the difference between sweeping and importing a private key from a paper wallet into Electrum and that, overall, sweeping is the "better" option.

What I could not find out is whether or not I have any control over the fee I have to pay.

I read some reddit threads about "Outlandishly high fees for sweeping from a paper wallet" or " it will not doing it for anything less than %5" and now I'm a bit worried as I never tried the sweep option before (I used to use Blockchain.info only) and it's a relatively high amount, so I don't want to pay like thousands of dollars* just to cover a third-party fee I have no control of.

*which is probably not going to happen but, you know, just in case...

Thank you guys. Any help is highly appreciated.