BitGo Introduced Replace-By-Fee Support for Hot, Custodial & Self-Managed Wallets
"Announcing support for Replace-By-Fee (RBF) for Bitcoin. RBF support allows clients to replace transactions stuck in the mempool and gives users greater control over their transactions. Available for all BitGo Bitcoin wallets," announced BitGo.
- "Clients will have an option to signal for RBF in their withdrawals by enabling Transaction Acceleration in the withdrawal flow. Similarly, they will be able to see if a withdrawal is enabled for Transaction Acceleration in the Transfers detail view."
- "Clients will have an option to accelerate their low-fee stuck transaction in the Stuck Transactions tab using RBF if the client had enabled Transaction Acceleration previously. This is in addition to the already present ability to accelerate the stuck transaction using CPFP."
"For internal management transactions such as consolidations and fanouts, BitGo will, by default, signal for RBF so that later these transactions can be accelerated easily if such transactions get stuck."
- "API users will be able to accelerate the transaction using the APIs by passing the new RBF-related request parameters. See more details in the BitGo Developer Portal."
