How can I consume my whole bitcoin balance in a single transction? Is it possible to use multiples UTXOs in a single transaction?

by Coder   Last Updated October 18, 2019 15:27 PM - source

I want to make use of a single bitcoin address for payment.



Answers 1


Of course, you can add as many UTXO's as will fit in a block. In fact, you usually have to because you don't always have a UTXO for the exact amount you are trying to spend. Note that more UTXO will result in a higher transaction fee because the fee is based on the current market fee rate (satoshi/kB) and more UTXO increases the kB.

For example, check out this transaction, it uses 7 UTXO as inputs.

See Bitcoin Wiki - Transactions

JBaczuk
JBaczuk
October 18, 2019 13:53 PM

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