How do you speed up crypto transactions?

The implementation of the accelerate feature varies based on how the transaction was initially sent. It adapts to suit the specific requirements of your transaction, ensuring optimal efficiency.

One method the accelerate feature employs is the Replacement by Fee (RBF). With RBF, you can replace your pending transaction with a new one that includes a higher fee. This signals to miners that your transaction is more valuable, encouraging them to prioritize it.

Another approach the accelerate feature takes is Child Pays for Parent (CPFP). This method is useful when your transaction has already been included in a block but is still waiting for confirmation. By creating a new transaction that spends the outputs of your pending transaction and includes a higher fee, you can incentivize miners to process your earlier transaction as well.

To expedite your pending transaction, you have the option of utilizing the accelerate feature. This feature allows you to hasten the process by paying an increased fee.

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