diff --git a/lbry/lbry/conf.py b/lbry/lbry/conf.py
index 916d57807..e779e1e43 100644
--- a/lbry/lbry/conf.py
+++ b/lbry/lbry/conf.py
@@ -9,6 +9,7 @@ from contextlib import contextmanager
 from appdirs import user_data_dir, user_config_dir
 from lbry.error import InvalidCurrencyError
 from lbry.dht import constants
+from torba.client.coinselection import STRATEGIES
 
 log = logging.getLogger(__name__)
 
@@ -192,6 +193,21 @@ class MaxKeyFee(Setting[dict]):
         )
 
 
+class OneOfString(String):
+    def __init__(self, valid_values: typing.List[str], *args, **kwargs):
+        super().__init__(*args, **kwargs)
+        self.valid_values = valid_values
+        if not self.valid_values:
+            raise ValueError(f"No valid values provided")
+        if self.default not in self.valid_values:
+            raise ValueError(f"Default value must be one of: " + ', '.join(self.valid_values))
+
+    def validate(self, val):
+        super().validate(val)
+        if val not in self.valid_values:
+            raise ValueError(f"Setting '{self.name}' must be one of: " + ', '.join(self.valid_values))
+
+
 class ListSetting(Setting[list]):
 
     def validate(self, val):
@@ -562,6 +578,9 @@ class Config(CLIConfig):
     streaming_get = Toggle("Enable the /get endpoint for the streaming media server. "
                            "Disable to prevent new streams from being added.", True)
 
+    coin_selection_strategy = OneOfString(STRATEGIES, "Strategy to use when selecting UTXOs for a transaction",
+                                          "branch_and_bound")
+
     @property
     def streaming_host(self):
         return self.streaming_server.split(':')[0]
diff --git a/lbry/lbry/wallet/manager.py b/lbry/lbry/wallet/manager.py
index 593d5fb53..51831fb22 100644
--- a/lbry/lbry/wallet/manager.py
+++ b/lbry/lbry/wallet/manager.py
@@ -13,6 +13,7 @@ from lbry.wallet.account import BaseAccount
 from lbry.wallet.transaction import Transaction
 from lbry.wallet.database import WalletDatabase
 from lbry.wallet.dewies import dewies_to_lbc
+from lbrynet.conf import Config
 
 
 log = logging.getLogger(__name__)
@@ -122,7 +123,7 @@ class LbryWalletManager(BaseWalletManager):
         return receiving_addresses, change_addresses
 
     @classmethod
-    async def from_lbrynet_config(cls, settings):
+    async def from_lbrynet_config(cls, settings: Config):
 
         ledger_id = {
             'lbrycrd_main':    'lbc_mainnet',
@@ -149,6 +150,7 @@ class LbryWalletManager(BaseWalletManager):
             'wallets': [wallet_file_path]
         })
         ledger = manager.get_or_create_ledger(ledger_id)
+        ledger.coin_selection_strategy = settings.coin_selection_strategy
         if manager.default_account is None:
             log.info('Wallet at %s is empty, generating a default account.', wallet_file_path)
             manager.default_wallet.generate_account(ledger)
diff --git a/lbry/tests/unit/test_conf.py b/lbry/tests/unit/test_conf.py
index 7af158bc8..1d8bc290f 100644
--- a/lbry/tests/unit/test_conf.py
+++ b/lbry/tests/unit/test_conf.py
@@ -4,7 +4,7 @@ import types
 import tempfile
 import unittest
 import argparse
-from lbry.conf import Config, BaseConfig, String, Integer, Toggle, Servers, Strings, NOT_SET
+from lbry.conf import Config, BaseConfig, String, Integer, Toggle, Servers, Strings, OneOfString, NOT_SET
 from lbry.error import InvalidCurrencyError
 
 
@@ -15,6 +15,7 @@ class TestConfig(BaseConfig):
     test_true_toggle = Toggle('toggle help', True)
     servers = Servers('servers help', [('localhost', 80)])
     strings = Strings('cheese', ['string'])
+    one_of_string = OneOfString(["a", "b", "c"], "one of string", "a")
 
 
 class ConfigurationTests(unittest.TestCase):
@@ -225,3 +226,32 @@ class ConfigurationTests(unittest.TestCase):
         args = parser.parse_args(['--max-key-fee', '1.0', 'BTC'])
         c = Config.create_from_arguments(args)
         self.assertEqual(c.max_key_fee, {'amount': 1.0, 'currency': 'BTC'})
+
+    def test_one_of_string(self):
+        with self.assertRaises(ValueError):
+            no_vaid_values = OneOfString([], "no valid values", None)
+
+        with self.assertRaises(ValueError):
+            default_none = OneOfString(["a"], "invalid default", None)
+        with self.assertRaises(ValueError):
+            invalid_default = OneOfString(["a"], "invalid default", "b")
+
+        valid_default = OneOfString(["a"], "valid default", "a")
+
+        self.assertEqual("hello", OneOfString(["hello"], "valid default", "hello").default)
+
+        c = TestConfig()
+        with self.assertRaises(ValueError):
+            c.one_of_string = "d"
+
+        parser = argparse.ArgumentParser()
+        TestConfig.contribute_to_argparse(parser)
+
+        args = parser.parse_args(["--one-of-string=b"])
+        c = TestConfig.create_from_arguments(args)
+        self.assertEqual("b", c.one_of_string)
+
+        # with self.assertRaises(ValueError):
+        #     args = parser.parse_args(["--one-of-string=arst"])
+        #     c = TestConfig.create_from_arguments(args)
+        #     print("here")