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Showing 3 of 3 results by TomMacca
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Topic
Board Electrum
Re: Electrum charged a Huge amount please help!
by
TomMacca
on 19/12/2017, 09:27:06 UTC
Your Electrum probably has default setting of dynamic fees, so that adjusts according to the network congestion (it is high now, so fees adjust and are high). For next time, change your electrum settings to set your fees manually (if this is what you would like to do), Tools> Preferences> Edit fees manually.

But of course always check that the fee is enough to get it confirmed in the timeframe you want. You can use an estimator like https://bitcoinfees.earn.com/ to calculate this. If you feel you want to secure yourself in case it may be too low, also change the "propose RBF" > if fee is too low".

And, finally, before sending, cllck the Preview button to confirm all details are as you require. Always, always do this.

So what time period should i expect if i set the fees low (rough numbers). And i am a bit confused on how to read the webstie u sent
Post
Topic
Board Electrum
Re: Electrum charged a Huge amount please help!
by
TomMacca
on 19/12/2017, 09:15:13 UTC
So this is my first post so i do anything wrong please correct me. But i recntly out 0.003 bitcoins into my electrum wallet. Today i transfered 0.0015 of those to exodus. This went fine but when i checked the transfer fee it was $17!!! (0.0007 bitcoin) Is this some sort of error? how can i cancel/ get it back. PLease hellp

If it is confirmed, you can get it back or cancel.  Make sure you verify that the fee set is what you want.

How do i get it back? It has been confirmed. And if it was not confirmed can i still get it back?
Post
Topic
Board Electrum
Electrum charged a Huge amount please help!
by
TomMacca
on 19/12/2017, 01:40:31 UTC
So this is my first post so i do anything wrong please correct me. But i recntly out 0.003 bitcoins into my electrum wallet. Today i transfered 0.0015 of those to exodus. This went fine but when i checked the transfer fee it was $17!!! (0.0007 bitcoin) Is this some sort of error? how can i cancel/ get it back. PLease hellp