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How the priority parameter works

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The priority parameter is available for Bitcoin, Ethereum, ERC-20 tokens and Litecoin. You can use it in both the create and estimate endpoints.

As the name suggests, it makes transactions faster, but the higher the priority, the higher the network fee.

Each cryptocurrency or network has its own set of priorities.

Bitcoin

For Bitcoin, the priority is a confirmation target: we work out the fee from current network fees so the transaction confirms within a given number of blocks.

PriorityBlocks
fast10
default25
economic75
x-economic125
xx-economic200
xxx-economic300
xxxx-economic500
xxxxx-economic1000

Ethereum

For Ethereum, the values are based on the estimated gas price:

PriorityGas price
fast100%
default100%
economic95%
x-economic90%
xx-economic85%
xxx-economic80%
xxxx-economic75%

ERC-20 Tokens

As with Ethereum, the values for ERC-20 tokens are based on the estimated gas price:

PriorityGas price
fast120%
default100%
economic95%
x-economic90%
xx-economic85%
xxx-economic80%
xxxx-economic75%

Litecoin

As with Bitcoin, the priority is a confirmation target in blocks:

PriorityBlocks
fast10
default25
economic50