Once your transaction is broadcasted to the Bitcoin network, it enters the mempool awaiting confirmation. Occasionally, low-fee transactions can get "stuck." In this situation, the solution is to boost your transaction by changing the fee.
A higher fee increases the likelihood of a miner adding your transaction to a block.
Boosting A Transaction
Navigate to the transaction awaiting its first confirmation.
Click 'Boost Transaction'
Select a new transaction fee.
Select 'Advanced Options' to set your own fee.
After setting a new fee, you will need to sign the transaction again.
Once signed, the new transaction with a higher fee will be broadcasted to the network, effectively replacing the old transaction.
Select "View on Explorer" to monitor your new transaction on Mempool.Space or check the confirmation status on the Theya Vault homepage.
Your vault balance will adjust after 3+ confirmations.
Schedule a free consultation to discuss your specific needs!
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