POST
/
788f110831fe13808302bd79796d55e8
curl --request POST \
  --url https://nd-202-842-353.p2pify.com/788f110831fe13808302bd79796d55e8 \
  --header 'Content-Type: application/json' \
  --data '{
  "jsonrpc": "1.0",
  "method": "estimatesmartfee",
  "params": [
    6
  ],
  "id": 1
}'
{
  "result": {
    "feerate": 123,
    "blocks": 123
  },
  "error": {},
  "id": 123
}

The estimatesmartfee method estimates the fee per kilobyte required for a transaction to be confirmed within a certain number of blocks. This is useful for dynamically adjusting transaction fees based on current network conditions.

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Parameters

  • conf_target (required): The number of blocks within which the transaction should be confirmed.

Response

  • result — an object containing the estimated fee rate (feerate) in BTC per kilobyte and the target number of blocks (blocks) for confirmation.
  • error — an object containing an error message if an error occurred, otherwise null.
  • id — an integer representing the ID of the request.

Use case

The estimatesmartfee method is crucial for wallet applications and services that need to adjust transaction fees dynamically. It helps ensure transactions are confirmed in a timely manner without overpaying.

Body

application/json

Response

200 - application/json

The estimated fee per kilobyte for a transaction to be confirmed within the specified number of blocks.

The response is of type object.