However, there are instances where Electrum may prevent you from increasing the network fee rate beyond the initially suggested fee (7.8 in our case). Now Electrum allows you to set a custom fee rate of your choice. You also have the option to manually adjust the fee rate. Select Increase Fee.Įlectrum will suggest you the new network fee rate depending on your Bitcoin balance in the wallet. Right-click on the unconfirmed pending Bitcoin transaction. Now your unconfirmed pending Bitcoin transactions will appear under the history tab in 1-12 hours. Navigate to Tools> Load transaction and click From the blockchain.Įnter your unconfirmed pending transaction ID and click OK. Unconfirmed pending Bitcoin transaction may not show here yet. Step 3: Increase Network Fee of Uncofirmed Pending Bitcoin TransactionĮlectrum Wallet will take a few moments to scan all your confirmed transactions in the history tab. Your Bitcoin wallet is now imported into your Electrum wallet. You will not need this password to restore your wallet from a backup seed. This will protect your bitcoins from unauthorized access whenever your computer is stolen. Check the deposit address of the wallet you are trying to import in the UniSat wallet, and choose the address type here accordingly: Wallet TypesĬhoose a strong password to encrypt your wallet. Select the address where your Bitcoin transaction is stuck and you want to increase its network fee. This file will be saved on your computer and will contain all of your Bitcoin addresses and balances. You will be prompted to enter a name for the wallet file. The Electrum Bitcoin wallet will have downloaded to your device. Step 2: Import Your Bitcoin wallet to Electrum It may take a few moments to be installed. Once downloaded, open the downloaded file on your device. When you have clicked on the link, the Electrum wallet download will start. For example, when you are using a Windows, click on the Windows Installer link. Click on the Download button to initiate the download process.Ĭhoose your operating system (Don't use mobile device) and click on the version that best suits your device. To install the Electrum wallet on your device, visit the Electrum wallet homepage. Increase Network Fee of Unconfirmed Pending Bitcoin Transaction Step 1: Install Electrum Wallet However, you cannot increase the network fee when the wallet address is Taproot, although RBF is green. When it is green, you can increase the network fee of the stuck transaction. Second, enter your transaction ID on a mempool to see either RBF is green or red. For non-taproot addresses, you can increase the network fee of your stuck transaction. Taproot addresses do not yet supportive for network fee increase. When it starts with bc1p, then it is a Taproot address. Can I increase the network fee for my Bitcoin transaction?Ĭheck the deposit address of wallet that you used to make the transaction. However, when you already have an Electrum wallet, there is no need to import it elsewhere. To increase the network fee of an unconfirmed pending transaction, you can import your Bitcoin wallet into Electrum. When your transaction is pending and not confirmed, you can increase the network fee to have it included in the next block to confirm and facilitate faster confirmation. This is because miners prioritize transactions with higher fees. When you transact BRC-20 tokens or Bitcoin on the Bitcoin blockchain, your transaction may get stuck and your assets may not reach to wallet due to low network fee selected. increase network fee of unconfirmed pending bitcoin transaction Increase Bitcoin transaction network fee to speed up confirmation.
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