SpeedUp TX

On this page, we are going to describe how to speed up your transaction

Remember that not all transactions can be accelerated, for example, if the transaction requires a signature from another wallet, etc.

Step#1 Go to the MultiSend, you can also find it by going to Bitioll main page

Step#2 Click on "TX ACCELERATE" to see all your pendings transactions

Step#3 Select your transaction that you want to speed up

After you select the pending transaction, your inputs and outputs with the current parameters will be automatically selected

example of selected transaction

current fee for selected transaction

Step#4 Reduce the returning utxo

If your Utxo is fully utilized in the transaction, you can select an additional Utxo from the list of all your Utxos.

As you can see in the screenshot above, my second output contains 411000 sats. To increase the fee rate, we need to reduce this output. Let's reduce it by 1000 sats.

example of the reduced output#2

As you can see, our fee has increased to 1300 sats from 300 sats, and the fee rate has increased from 1.42 sat/vB to 6.16 sat/vB.

Step#5 Click on the "Send" button to create your transaction

Step#6 Sign transaction Always check what you sign!!!