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estimatesmartfee - Bitcoin

Example code for the estimatesmartfee JSON-RPC method. Complete guide on how to use estimatesmartfee JSON-RPC in GetBlock Web3 documentation.

This method estimates the approximate fee rate per kilobyte needed for a transaction to begin confirmation within a given number of blocks.

Parameters

Parameter
Type
Required
Description

conf_target

number

Yes

Confirmation target in blocks (1 to 1008)

estimate_mode

string

No

Fee estimate mode: "unset", "economical", or "conservative" (default: "conservative")

Request

curl --location --request POST 'https://shared.eu-central-1.getblock.io/<ACCESS-TOKEN>/' \
--header 'Content-Type: application/json' \
--data-raw '{
    "jsonrpc": "2.0",
    "method": "estimatesmartfee",
    "params": [6, "economical"],
    "id": "getblock.io"
}'
example.js
const axios = require('axios');

const response = await axios.post('https://shared.eu-central-1.getblock.io/<ACCESS-TOKEN>/', {
    jsonrpc: '2.0',
    method: 'estimatesmartfee',
    params: [6, "economical"],
    id: 'getblock.io'
}, {
    headers: { 'Content-Type': 'application/json' }
});

console.log(response.data.result);
example.py
import requests

response = requests.post(
    'https://shared.eu-central-1.getblock.io/<ACCESS-TOKEN>/',
    headers={'Content-Type': 'application/json'},
    json={
        'jsonrpc': '2.0',
        'method': 'estimatesmartfee',
        'params': [6, "economical"],
        'id': 'getblock.io'
    }
)

print(response.json())

Response

{
    "jsonrpc": "2.0",
    "id": "getblock.io",
    "result": {
        "feerate": 0.00012345,
        "blocks": 6
    }
}

Response Parameters

Parameter
Type
Description

jsonrpc

string

JSON-RPC protocol version ("2.0")

id

string

Request identifier matching the request

result

object

Fee estimate object

Result Object

Field
Type
Description

feerate

number

Estimated fee rate in BTC/kB (1 kB = 1000 bytes)

blocks

number

The block number the estimate is for

errors

array

Errors encountered during estimation, if any

Use Cases

  • Dynamic Fees: Compute a fee rate for a target confirmation time

  • Fee Selection UX: Offer users fast, medium, and slow options

  • RBF Strategies: Set fees for replaceable transactions

  • Cost Optimization: Minimize fees for a desired confirmation window

Error Handling

Error Code
Message
Description

403

Forbidden

Missing or invalid ACCESS-TOKEN

-1

Insufficient data

Not enough data to produce an estimate

-8

Invalid parameter

The confirmation target is out of range

-32602

Invalid params

A parameter is missing or has the wrong type

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