Cryptocurrency Q&A
Does Ledger Live support RBF?
Does Ledger Live support RBF?
SejongWisdomKeeperEliteMind
Mon Nov 25 2024
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7 answers
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I'm using Ledger Live as my crypto wallet and I'm wondering if it supports the Replace-by-Fee (RBF) feature. RBF allows users to replace a pending transaction with a new one that pays a higher fee, which can be useful for avoiding transaction delays. I'd like to know if this feature is available in Ledger Live and how to use it if it is.
7 answers
MysticEchoFirefly
Wed Nov 27 2024
One of these advantages, although seemingly minor, is that Ledger Live transactions are RBF-enabled by default. RBF, or Replace-by-Fee, allows users to replace an unconfirmed transaction with a new one that has a higher fee, potentially speeding up its confirmation.
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Leonardo
Wed Nov 27 2024
However, the primary advantage for Ledger Live users lies in its ability to facilitate faster deposits to your Bitcoin (BTC) account.
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CryptoWanderer
Wed Nov 27 2024
This is particularly useful in scenarios where the sender, such as a cryptocurrency exchange or a third-party service for purchasing Bitcoin, has initiated a transaction but it is taking longer than expected to arrive.
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alexander_smith_musician
Wed Nov 27 2024
In such cases, Ledger Live's integration with the Bitcoin network allows users to take certain steps to expedite the pending deposit.
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CryptoEagle
Wed Nov 27 2024
As a Ledger Live user, there are several benefits associated with the platform.
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