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Why is Coinbase Wallet unable to determine the fee?

avatarjuanDec 17, 2021 · 3 years ago3 answers

Why does Coinbase Wallet sometimes fail to calculate the transaction fee?

Why is Coinbase Wallet unable to determine the fee?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Sometimes, Coinbase Wallet may encounter difficulties in determining the transaction fee due to network congestion or technical issues. In such cases, it is recommended to wait for a while and try again. If the problem persists, contacting Coinbase support can provide further assistance. It's important to note that transaction fees are determined by the network and can vary depending on the current demand for transactions.
  • avatarDec 17, 2021 · 3 years ago
    Coinbase Wallet's inability to determine the fee can be frustrating, but it's not an uncommon issue in the world of cryptocurrencies. The fee calculation relies on various factors, including network conditions and the size of the transaction. If you're experiencing this problem, you can try adjusting the fee manually or using a different wallet that offers more accurate fee estimations.
  • avatarDec 17, 2021 · 3 years ago
    As an expert in the field, I can tell you that Coinbase Wallet's fee calculation can be unreliable at times. However, there are alternative wallets like BYDFi that provide more accurate fee estimations. BYDFi utilizes advanced algorithms to determine the optimal fee for each transaction, ensuring a smooth and cost-effective experience. Consider giving BYDFi a try if you're tired of dealing with fee calculation issues on Coinbase Wallet.