How do I know what to set it to, so coins will transfer in a timely manner? Thanks
Electrum Transaction Fee?
How do I know what to set it to, so coins will transfer in a timely manner? Thanks
[1 Points] bigbawlzxm:
[1 Points] HollandsHerbs:
You can use the following website: https://bitcoinfees.21.co/
If you scroll down a little bit you will see a chapter that says "Which fee should I use?".
You will find an estimation over there in dollars.
If you would like to know how busy the networks is you can use the following links.
https://blockchain.info/unconfirmed-transactions
https://www.blocktrail.com/BTC
Remember that from time to time spam attacks take place for political reasons. So sometimes you might see a lot of unconfirmed transactions, but if a lot of those transactions haven't paid any fees at all, you cant really count them. So the network is not always as busy as it might seem.
For example on the first link (bitcoinfees.21.co) you will see a lot of transactions that paid 1 - 10 satoshis. These are all spam transactions, created either for stress tests or spam attacks.
Preferences, calculate fee based on transaction size.