Is there a way to manually set the miner fee in Coinbase Wallet?
nitro GXDec 17, 2024 · 7 months ago3 answers
I am using Coinbase Wallet for my cryptocurrency transactions and I want to know if there is a way to manually set the miner fee. Can I adjust the fee to ensure faster transaction confirmation times? How can I do this in Coinbase Wallet?
3 answers
- Blessed EmedetSep 09, 2023 · 2 years agoYes, you can manually set the miner fee in Coinbase Wallet. When sending a transaction, you have the option to adjust the fee. Higher fees generally result in faster confirmation times, while lower fees may take longer to confirm. To manually set the fee, simply select the 'Custom' fee option and enter the desired fee amount. Keep in mind that setting a very low fee may result in your transaction being delayed or stuck in the mempool for an extended period of time.
- Gogo TipsMay 15, 2025 · 2 months agoAbsolutely! Coinbase Wallet allows you to manually set the miner fee for your transactions. By adjusting the fee, you can prioritize the speed of your transaction. If you want your transaction to be confirmed quickly, you can set a higher fee. On the other hand, if you're not in a hurry, you can choose a lower fee. Coinbase Wallet gives you the flexibility to choose the fee that suits your needs.
- Riccardo RoncaMay 16, 2022 · 3 years agoYes, you can manually set the miner fee in Coinbase Wallet. Simply go to the transaction settings and select the 'Custom' fee option. From there, you can enter the desired fee amount. Keep in mind that the fee amount will determine the priority of your transaction. Higher fees will generally result in faster confirmation times, while lower fees may take longer to confirm. It's important to find the right balance between speed and cost when setting the miner fee.
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