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Update bitcoin.md and litecoin.md
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tuxpizza committed May 1, 2024
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14 changes: 13 additions & 1 deletion docs/cryptos/bitcoin.md
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Expand Up @@ -16,7 +16,9 @@ We use the same derivation scheme as Electrum: `m/0/x` for receive addresses, an

## Seed format

We use the Electrum seed format. We support restoring seeds generated in the Electrum seed format, not the BIP39 format or other formats.
Bitcoin wallets only currently support being created using the Electrum seed format. We support restoring seeds generated in the Electrum and BIP-39 seed format.

BIP-39 restoring will check for multiple derivation paths, and ask you which one you would like to use if transactions are detected on multiple paths.

## Bitcoin fee levels

Expand All @@ -27,3 +29,13 @@ We recommend leaving your Cake Wallet fee for Bitcoin as `Medium`.
| Slow ~24hrs | 100 | Save on fees if you can wait a full day for the transaction to be confirmed. |
| Medium | 5 | The best blend of speed and cost. You'll usually get a confirmation within 3 blocks. |
| Fast | 1 | Aggressively pursues inclusion in the next block, usually overpaying. |

## RBF (Replace-By-Fee)

As of Cake Wallet version `4.15.4`, the Bitcoin wallet supports using RBF (Replace-by-fee), and is enabled by default for every transaction.

RBF allows you to modify the fee after you have already sent a transaction. You can do this by going to the Transactions screen, clicking on the desired transaction, the clicking `Bump fee`. Once you are in the `Bump fee` page, you can set your fee and click `Send`.

[![Click "Bump fee"](./rbf.png){:width="32%"}](./rbf.png)
[![Modify fee](./rbf2.png){:width="32%"}](./rbf2.png)

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2 changes: 1 addition & 1 deletion docs/cryptos/litecoin.md
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Expand Up @@ -16,4 +16,4 @@ We use the same derivation scheme as Electrum: `m/0/x` for receive addresses, an

## Seed format

We use the Electrum seed format. We support restoring seeds generated in the Electrum seed format, not the BIP39 format or other formats.
Litecoin wallets only currently support being created using the Electrum seed format. We support restoring seeds generated in the Electrum and BIP-39 seed format.

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