diff --git a/docs/release-notes/release-notes-0.18.0.md b/docs/release-notes/release-notes-0.18.0.md
index a601123cf..b12f35c88 100644
--- a/docs/release-notes/release-notes-0.18.0.md
+++ b/docs/release-notes/release-notes-0.18.0.md
@@ -136,7 +136,10 @@
   through [mempool acceptance
   check](https://github.com/lightningnetwork/lnd/pull/8345) before being
   broadcast. This means when a transaction has failed the `testmempoolaccept`
-  check by bitcoind or btcd, the broadcast won't be attempted.
+  check by bitcoind or btcd, the broadcast won't be attempted. This check will
+  be performed if the version of the chain backend supports it - for bitcoind
+  it's v22.0.0 and above, for btcd it's v0.24.1 and above. Otherwise, the check
+  will be [skipped](https://github.com/lightningnetwork/lnd/pull/8505)
 
 * The `coin-selection-strategy` config option [now also applies to channel
   funding operations and the new `PsbtCoinSelect` option of the `FundPsbt`
diff --git a/go.mod b/go.mod
index ebbd24ba8..6a33f3221 100644
--- a/go.mod
+++ b/go.mod
@@ -4,13 +4,13 @@ require (
 	github.com/NebulousLabs/go-upnp v0.0.0-20180202185039-29b680b06c82
 	github.com/Yawning/aez v0.0.0-20211027044916-e49e68abd344
 	github.com/andybalholm/brotli v1.0.3
-	github.com/btcsuite/btcd v0.24.1-0.20240123000108-62e6af035ec5
+	github.com/btcsuite/btcd v0.24.1-0.20240301210420-1a2b599bf1af
 	github.com/btcsuite/btcd/btcec/v2 v2.3.2
 	github.com/btcsuite/btcd/btcutil v1.1.5
 	github.com/btcsuite/btcd/btcutil/psbt v1.1.8
 	github.com/btcsuite/btcd/chaincfg/chainhash v1.1.0
 	github.com/btcsuite/btclog v0.0.0-20170628155309-84c8d2346e9f
-	github.com/btcsuite/btcwallet v0.16.10-0.20240206195028-1f3534b00d14
+	github.com/btcsuite/btcwallet v0.16.10-0.20240305014015-f7c216e78ee8
 	github.com/btcsuite/btcwallet/wallet/txauthor v1.3.4
 	github.com/btcsuite/btcwallet/wallet/txrules v1.2.1
 	github.com/btcsuite/btcwallet/walletdb v1.4.1
diff --git a/go.sum b/go.sum
index 99d183cba..ccfd72772 100644
--- a/go.sum
+++ b/go.sum
@@ -71,8 +71,8 @@ github.com/beorn7/perks v1.0.1/go.mod h1:G2ZrVWU2WbWT9wwq4/hrbKbnv/1ERSJQ0ibhJ6r
 github.com/btcsuite/btcd v0.20.1-beta/go.mod h1:wVuoA8VJLEcwgqHBwHmzLRazpKxTv13Px/pDuV7OomQ=
 github.com/btcsuite/btcd v0.22.0-beta.0.20220111032746-97732e52810c/go.mod h1:tjmYdS6MLJ5/s0Fj4DbLgSbDHbEqLJrtnHecBFkdz5M=
 github.com/btcsuite/btcd v0.23.5-0.20231215221805-96c9fd8078fd/go.mod h1:nm3Bko6zh6bWP60UxwoT5LzdGJsQJaPo6HjduXq9p6A=
-github.com/btcsuite/btcd v0.24.1-0.20240123000108-62e6af035ec5 h1:8BHBWvtP6kkzvmCpyWEznq4eS0gfLOSVuXLesv413Xs=
-github.com/btcsuite/btcd v0.24.1-0.20240123000108-62e6af035ec5/go.mod h1:5C8ChTkl5ejr3WHj8tkQSCmydiMEPB0ZhQhehpq7Dgg=
+github.com/btcsuite/btcd v0.24.1-0.20240301210420-1a2b599bf1af h1:F60A3wst4/fy9Yr1Vn8MYmFlfn7DNLxp8o8UTvhqgBE=
+github.com/btcsuite/btcd v0.24.1-0.20240301210420-1a2b599bf1af/go.mod h1:5C8ChTkl5ejr3WHj8tkQSCmydiMEPB0ZhQhehpq7Dgg=
 github.com/btcsuite/btcd/btcec/v2 v2.1.0/go.mod h1:2VzYrv4Gm4apmbVVsSq5bqf1Ec8v56E48Vt0Y/umPgA=
 github.com/btcsuite/btcd/btcec/v2 v2.1.3/go.mod h1:ctjw4H1kknNJmRN4iP1R7bTQ+v3GJkZBd6mui8ZsAZE=
 github.com/btcsuite/btcd/btcec/v2 v2.3.2 h1:5n0X6hX0Zk+6omWcihdYvdAlGf2DfasC0GMf7DClJ3U=
@@ -90,8 +90,8 @@ github.com/btcsuite/btcd/chaincfg/chainhash v1.1.0/go.mod h1:7SFka0XMvUgj3hfZtyd
 github.com/btcsuite/btclog v0.0.0-20170628155309-84c8d2346e9f h1:bAs4lUbRJpnnkd9VhRV3jjAVU7DJVjMaK+IsvSeZvFo=
 github.com/btcsuite/btclog v0.0.0-20170628155309-84c8d2346e9f/go.mod h1:TdznJufoqS23FtqVCzL0ZqgP5MqXbb4fg/WgDys70nA=
 github.com/btcsuite/btcutil v0.0.0-20190425235716-9e5f4b9a998d/go.mod h1:+5NJ2+qvTyV9exUAL/rxXi3DcLg2Ts+ymUAY5y4NvMg=
-github.com/btcsuite/btcwallet v0.16.10-0.20240206195028-1f3534b00d14 h1:GnTInK5UIkDJw9alXR4JeOmKmodJu/5qYknZWqp1Sk0=
-github.com/btcsuite/btcwallet v0.16.10-0.20240206195028-1f3534b00d14/go.mod h1:3EItwIQcrXGkcQlO1OginQ3Ab8YgE8kxka9hjgFuWxM=
+github.com/btcsuite/btcwallet v0.16.10-0.20240305014015-f7c216e78ee8 h1:fkPZ7LfOCm3Nn0Y/56LOqwooYaw9cV/4jZkdHw7XGik=
+github.com/btcsuite/btcwallet v0.16.10-0.20240305014015-f7c216e78ee8/go.mod h1:q+J5AzV+ymzUaBXkP099uuVh18yzCyHHXPc4rxi55mk=
 github.com/btcsuite/btcwallet/wallet/txauthor v1.3.4 h1:poyHFf7+5+RdxNp5r2T6IBRD7RyraUsYARYbp/7t4D8=
 github.com/btcsuite/btcwallet/wallet/txauthor v1.3.4/go.mod h1:GETGDQuyq+VFfH1S/+/7slLM/9aNa4l7P4ejX6dJfb0=
 github.com/btcsuite/btcwallet/wallet/txrules v1.2.1 h1:UZo7YRzdHbwhK7Rhv3PO9bXgTxiOH45edK5qdsdiatk=
diff --git a/lnwallet/btcwallet/btcwallet.go b/lnwallet/btcwallet/btcwallet.go
index 364953be4..fd4683509 100644
--- a/lnwallet/btcwallet/btcwallet.go
+++ b/lnwallet/btcwallet/btcwallet.go
@@ -14,6 +14,7 @@ import (
 	"github.com/btcsuite/btcd/btcutil/hdkeychain"
 	"github.com/btcsuite/btcd/chaincfg"
 	"github.com/btcsuite/btcd/chaincfg/chainhash"
+	"github.com/btcsuite/btcd/rpcclient"
 	"github.com/btcsuite/btcd/txscript"
 	"github.com/btcsuite/btcd/wire"
 	"github.com/btcsuite/btcwallet/chain"
@@ -1262,6 +1263,18 @@ func (b *BtcWallet) PublishTransaction(tx *wire.MsgTx, label string) error {
 	// or 10,000 sat/vb.
 	results, err := b.chain.TestMempoolAccept([]*wire.MsgTx{tx}, 0)
 	if err != nil {
+		// If the chain backend doesn't support the mempool acceptance
+		// test RPC, we'll just attempt to publish the transaction.
+		if errors.Is(err, rpcclient.ErrBackendVersion) {
+			log.Warnf("TestMempoolAccept not supported by "+
+				"backend, consider upgrading %s to a newer "+
+				"version", b.chain.BackEnd())
+
+			err := b.wallet.PublishTransaction(tx, label)
+
+			return handleErr(err)
+		}
+
 		return err
 	}