BTC Transaction Fee

My electrum has the "dynamic fee" selected and it says the transaction fee is 0.0005 BTC per kb. I sent a payment to Helix and only left enough for a 0.0002 transaction fee and now it's sitting on blockchain with zero confirmations.

Will the transaction eventually get confirmed?

How long will helix (light) wait for confirmations?

EDIT: D'oh never mind - just got a confirmation.


Comments


[1 Points] Danknugs410:

It just takes longer if the fee is lower. The higher the fee the faster it confirms


[1 Points] jackherrerfan:

Once I was waiting about 30 hours for confirmations because of the low fee. But it will come for sure.