I'm considering using a Trezor hardware wallet and I'm wondering if it supports the Replace-by-Fee (RBF) feature. This is important to me as I need the flexibility to adjust transaction fees if necessary.
5 answers
CryptoProphet
Wed Nov 27 2024
This newer version of the transaction features a higher transaction fee than the original.
KpopStarletShineBrightnessStarlight
Wed Nov 27 2024
The purpose of paying a higher fee is to incentivize miners to prioritize and confirm the new transaction sooner.
Andrea
Wed Nov 27 2024
Trezor Suite, a popular wallet management tool, has incorporated support for RBF.
Stefano
Wed Nov 27 2024
RBF stands for Replace-by-Fee, a method enabling users to replace a pending transaction with a newer version.
Elena
Wed Nov 27 2024
Specifically, Trezor Suite allows users to utilize RBF for Bitcoin and
Ethereum transactions.