![]() Your Ledger displays: Application is ready.Įlectrum displays: Payment sent and the destination address. Using the buttons again, review the new Fees and, if all looks good, Confirm and send.Your Ledger displays: Confirm transaction. Using the buttons, carefully review the Amount, Address then select Accept.You can use this website to find the optimal fee rate.Įlectrum displays: Confirm Transaction on your Ledger device. Navigate to the New Fee rate field, type in a higher fee rate (sat/byte) then click Ok.Right-click the stuck (unconfirmed) transaction and s elect Increase fee.If not, please go back to step 7 and try a different derivation path/address type. One bitcoin is made up of 100 million satoshis, so a fee of 300 satoshis is equivalent to 0.00000300 bitcoin. Tick Encrypt wallet file and click Next.Įlectrum displays your account transaction history. Electrum transaction fees are paid in satoshis per byte.If your Bitcoin account was created via Ledger Live, the default derivation path is native segwit (p2wpkh). Select your Ledger device then click Next.Select Use a hardware device then click Next.īefore clicking Next, make sure that your Ledger device is unlocked and the Bitcoin (BTC) app is opened on your Ledger device.Select Standard Wallet then click Next.The " Wallet: field at the top does not need to be changed. Connect your Ledger to your computer, unlock it then open the Bitcoin app.I disabled the 2FA and restored from seed on a standard wallet but the fee persists. Thats more than half of whats in my wallet atm. ![]() Download and install Electrum on your computer. Hey there, so I wanted to move my bitcoins into an exchange and I saw electrum was charging me 0.00106962 to send my coins.Make sure you're running the latest version of the Bitcoin (BTC) app.Open Ledger Live and connect your Ledger device to My Ledger to ensure that your Ledger device is running the latest firmware version.Make sure to update Ledger Live to the latest version via this link.This article describes how to speed up a stuck or slow Bitcoin (BTC) transaction with Electrum. Learn how to connect your Ledger to Sparrow Wallet in this article. If you have a Taproot account and want to accelerate your Bitcoin (BTC) transaction, consider using Sparrow Wallet instead of Electrum. In Electrum (and nearly all other wallets) you can edit fees to your liking. In theory you could still broadcast a zero fee TXN after 2015 but there is statistically zero chance that it would get confirmed. Have a Taproot BTC account and need to speed up your BTC transaction? Fees of 'none' havent been default since 2015.
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