Is it possible to increase the miner fee on Coinbase?

3 answers

• Barbara-BahbiJan 09, 2021 · 5 years ago
  Yes, it is possible to increase the miner fee on Coinbase. When you send a transaction, Coinbase automatically calculates the appropriate fee based on the current network conditions. However, if you want to prioritize your transaction and increase the fee, you can use Coinbase's advanced options to manually adjust the fee. By increasing the fee, you can potentially speed up the confirmation time of your transaction.
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• KeekJul 07, 2022 · 3 years ago
  Absolutely! Coinbase allows you to manually adjust the miner fee for your transactions. This gives you more control over the transaction speed and confirmation time. Keep in mind that increasing the fee might result in faster confirmation, but it also means you'll be paying more for the transaction. So, make sure to consider the current network conditions and your urgency before increasing the fee.
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• LinhCTDec 09, 2021 · 4 years ago
  Yes, you can increase the miner fee on Coinbase. When you initiate a transaction, you have the option to choose between different fee levels. Coinbase provides a recommended fee based on the current network congestion, but you can manually increase the fee if you want your transaction to be confirmed faster. However, it's important to note that increasing the fee doesn't guarantee immediate confirmation, as it still depends on the overall network activity and miner priorities.
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