Cryptocurrency Q&A
How to bump a Bitcoin transaction?
How to bump a Bitcoin transaction?
MountFujiMysticalView
Wed Dec 25 2024
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5 answers
1425
I'm trying to speed up a Bitcoin transaction that's been taking too long to confirm. I've heard about something called 'bumping' the transaction, but I'm not sure how to do it. Can someone explain the steps to bump a Bitcoin transaction?
5 answers
KiteFlyer
Fri Dec 27 2024
The method employed by the accelerate feature depends on how the transaction was originally sent.
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CryptoBaron
Fri Dec 27 2024
If the transaction supports it, the accelerate feature may utilize Replace-by-Fee (RBF) to speed up the process.
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Chiara
Fri Dec 27 2024
Accelerating a stuck Bitcoin transaction can be achieved through the use of an accelerate feature.
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Raffaele
Fri Dec 27 2024
Alternatively, it may use Child-Pays-for-Parent (CPFP) to increase the chances of the transaction being confirmed quickly.
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CryptoKing
Fri Dec 27 2024
This feature allows you to expedite your pending transaction by paying a higher fee.
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