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bump the fee on btc tx using electrum
Adam edited this page May 25, 2024
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- Download and install Electrum on your computer.
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Open Electrum and create a new wallet
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Select 'Import Bitcoin addresses or private keys'
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Paste the private key for your address and click next
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Enter a password for the new wallet
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Electrum will scan and then display your account transaction history.
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Right-click the stuck (unconfirmed) transaction and select Increase fee.
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Find the New Fee rate field, type in a higher fee rate (sat/byte) then click Ok.
- You can use (https://mempool.space/) to find the optimal fee rate for your transaction.
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- Note: You may need to Change the Method from 'Preserve Payment' to 'Decrease Payment'
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Click Sign to have Electrum sign the transaction.
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Then click Broadcast to complete the process
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You're done!