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    Author Topic: How to set the transaction fee using bitcoind?  (Read 3365 times)
    jondecker76 (OP)
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    May 10, 2011, 02:03:40 AM
     #1

    I've searched everywhere, how do I set my transaction fee to 0.01?

    bitcoind --rpcconnect=127.0.0.1 --help
    does not list an option to set it

    I have also tried:
    bitcoind --rpcconnect=127.0.0.1 -paytxfee=0.01 sendtoaddress *************** 0.05

    but I get the following error:
    Code:
    error: {"code":-4,"message":"Error: This transaction requires a transaction fee of at least 0.01 because of its amount, complexity, or use of recently received funds  "}


    what am I doing wrong?  I'm trying to send the funds I received about 2 weeks ago from bitcoin faucet to my new install that I will be using from here on out.

    RollerBot Advanced Trading Platform
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