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Now you want to exit electrum and reinter it without the admin password or additional options being enabled. There are many holes to be filled in, usability issues to be addressed, and markets to be built. Austin Whitney walked on Saturday. The commission will only be charged if your order is actually executed. Cryptolive Member Offline Activity: I run the tails with the VirtualBox on Linux Ubuntu for developers.
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But paying too small a fee means your transaction won't go through fast, or at all. This information won't help you much if you use a wallet that doesn't let you change transaction fees, so maybe it's time to switch to a different wallet. For example, a mobile Bitcoin wallet called Mycelium offers several possibilities for Bitcoin transaction fees: If you choose the low-priority fee, your transaction might take longer to go through but it will be cheaper.
Conversely, a high priority transaction will almost surely go through quickly but it will be expensive. For even more control, you could try out the Electrum walletwhich lets you set any fee for your transactions, though you need to enable the option manually in the settings.
If you choose too small a fee, your transaction might forever stay in Bitcoin's backlog. There are other things you could do to make transaction fees lower, though it requires a slightly higher level of knowledge. If you're moving bitcoins from an exchange and not a wallet, you likely won't be able to set a fee, and many exchanges have very high fees set up.
Exchanges mostly don't do that because they're evil; they do it because they want to make sure the transaction went through, or else they'll need to deal with support tickets. Have in mind that, on top of transaction fees, exchanges will likely charge their own additional fees, so you should focus on the total costs.
Bitcoin fees are currently very expensive, but this will likely get better in a few months. But even right now, by choosing the right wallet and making sure you use the optimal fee, you'll do a lot better than just paying whichever fee you're offered.
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