Cryptocurrency Q&A How to increase BTC transaction fee?

How to increase BTC transaction fee?

Maria Maria Tue Dec 10 2024 | 6 answers 1227
I'm trying to send a BTC transaction, but I want to make sure it gets confirmed quickly. How can I increase the transaction fee to prioritize my transaction over others in the mempool? How to increase BTC transaction fee?

6 answers

Arianna Arianna Thu Dec 12 2024
Once you have located the unconfirmed transaction, look for the option labeled 'Increase fee'. This is typically available to help expedite the confirmation process.

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Daniele Daniele Thu Dec 12 2024
When you tap on 'Increase fee', your wallet will prompt you to adjust the transaction fee. This step is crucial if you want to speed up the verification of your transaction.

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Daniele Daniele Thu Dec 12 2024
Before proceeding with the fee increase, it's important to check your wallet balance. A sufficient balance is necessary to cover the additional transaction fees.

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KatanaSwordsmanshipSkill KatanaSwordsmanshipSkill Thu Dec 12 2024
If your wallet balance is low, you may encounter issues with paying for the increased fee. In such cases, you might need to add more funds to your wallet.

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SakuraFestival SakuraFestival Thu Dec 12 2024
To proceed with modifying an unconfirmed transaction on your wallet's homepage, start by selecting the transaction in question.

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