Does anyone know if you can adjust the fees when you send bitcoin through coinbase? These idiots sent out my transaction with a 4 cent fee when there is 13000 unconfirmed transactions. Been waiting 4 hours for a confirmation and no way to use accelerator to speed it up because fee is too low. I would ask their customer service department but apparently they only have 1 employee because it takes 3 months to get an email response.
Coinbase send fees
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themike78SBR MVP
- 07-01-13
- 4873
#1Coinbase send feesTags: None -
DroopyDogSBR MVP
- 11-03-16
- 1255
#2next time, send it to yourself in a different wallet, and then send where you intend to send to with a higher fee, and it will pick up both transactions
blockchain and electrum are 2 wallets you can manually enter the fee
ignore the $ amount of the fee, its all about the sat/byte ratioComment -
iconSBR MVP
- 01-09-18
- 3466
#3next time, send it to yourself in a different wallet, and then send where you intend to send to with a higher fee, and it will pick up both transactions
blockchain and electrum are 2 wallets you can manually enter the fee
ignore the $ amount of the fee, its all about the sat/byte ratio
He would still need coinbase to use a higher fee to get the bitcoin to his wallet first. Meaning he could still have to wait a long time for his crypto to be confirmed before being able to send from his own wallet.
People should consider using ethereum instead of bitcoin if their book accepts it. You will NEVER wait hours for an ethereum transaction to confirm - usually its within 3 minutes.Comment -
DroopyDogSBR MVP
- 11-03-16
- 1255
#4He would still need coinbase to use a higher fee to get the bitcoin to his wallet first. Meaning he could still have to wait a long time for his crypto to be confirmed before being able to send from his own wallet.
People should consider using ethereum instead of bitcoin if their book accepts it. You will NEVER wait hours for an ethereum transaction to confirm - usually its within 3 minutes.
That's not the case. You dont need the btc to be confirmed to send a new transaction in wallets like blockchain and electrum, or any that im aware of, other than exchangesComment -
iconSBR MVP
- 01-09-18
- 3466
#5
The problem is confirmations, not transactions.Comment -
OptionalAdministrator
- 06-10-10
- 61650
#6
If you do this a miner will pick up both as they need to confirm the earlier one to be paid for the later one.
Anyway, what Droopy said is 100% correct..Comment -
iconSBR MVP
- 01-09-18
- 3466
#7Yes, my bad, brain cramp. I was thinking you needed some bitcoin in your ethereum wallet before you could use the child pays for parent technique for getting confirmation quicker.
Carry on.Comment -
themike78SBR MVP
- 07-01-13
- 4873
#8All right thanks for the answers but I'm going to bitch again. Why won't coinbase just let you adjust your fees? It's my money not theirs. They did it again today and I had to wait 2 hours for a confirmation. Only reason I use coinbase is because none of the other exchanges will let me join for some reason. Even with all my documents.Comment -
iconSBR MVP
- 01-09-18
- 3466
#9All right thanks for the answers but I'm going to bitch again. Why won't coinbase just let you adjust your fees? It's my money not theirs. They did it again today and I had to wait 2 hours for a confirmation. Only reason I use coinbase is because none of the other exchanges will let me join for some reason. Even with all my documents.Comment -
OptionalAdministrator
- 06-10-10
- 61650
#10All right thanks for the answers but I'm going to bitch again. Why won't coinbase just let you adjust your fees? It's my money not theirs. They did it again today and I had to wait 2 hours for a confirmation. Only reason I use coinbase is because none of the other exchanges will let me join for some reason. Even with all my documents.
But if you do it as Droopy suggested, it is hardly any extra time or effort, and you will have full control and will always be able to make sure your transfer is in the next block..Comment
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