The cost of a mining fee varies due to the spending wallet and network conditions.
- The quantity of wallet inputs that need to be verified. More wallet inputs in a transaction equal a higher fee. You can see your inputs by reviewing your wallet addresses.
- The current network congestion at the time of the transaction. Higher mempool size (pending unconfirmed transactions) indicates more network traffic, resulting in a longer average confirmation time and higher fees. (BitPay has no control over network congestion.)
If you need to speed up an outgoing transaction, you can select the unconfirmed transaction in your wallet and see if you have the option to speed up using Replace-By-Fee (RBF). This requires additional confirmed cryptocurrency to rebroadcast with a higher fee.
Reviewing your wallet addresses and inputs:
- Open the BitPay app
- Select your wallet key and then the cryptocurrency wallet
- Select the three dots in the top right, and then Wallet Settings
- Select Addresses
- Review addresses with balances and wallet inputs
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