For this thread, explain things like the questioner is 5 years old.
First question: I'm using Electrum for Bitcoin. What's the best way to set the transaction fee to aim for low cost while ensuring the transaction eventually goes through? I'm in no rush.
There's this page that suggests anything above 0.0001 mBTC/byte (10 satoshis/byte) will go through:
https://bitcoinfees.earn.com/
Is therefore setting a fee of 0.0001 mBTC/byte safe?
First question: I'm using Electrum for Bitcoin. What's the best way to set the transaction fee to aim for low cost while ensuring the transaction eventually goes through? I'm in no rush.
There's this page that suggests anything above 0.0001 mBTC/byte (10 satoshis/byte) will go through:
https://bitcoinfees.earn.com/
Is therefore setting a fee of 0.0001 mBTC/byte safe?
Roosh
http://www.rooshv.com