Bitcoin Forum

Hello, i wanted to ask, is there any way to lower the fees on blockchain.info? The fees are really high for me because i dont have much btc its like i have 0.00036 now and the fee is 0.0003 thats way too much i think.. So anyone knows there is a setting or knows an good wallet (no coinbase) ?

simple,just go to/click advance setting below your transaction, and then you can change how much fee you want put it.

Do be carefull tough... If you don't know what you're doing, read up on what fees are, and how you should calculate them BEFORE playing with them.

Otherwise you'll be opening a thread like "transaction stuck for 2 days, how do i get my coins back" in just a couple days, and we'll be forced to explain you'll either have to wait, or how to technically create a RBF/double spend.

Long story short: you should add x satoshi's PER BYTE, so you'll need to calculate how big your transaction will be (in bytes, not in monetary value... this depends on the amount of inputs and outputs used/created and has nothing to do with how many bitcoins you're transfering), then multiply this with the number you can find here: https://bitcoinfees.21.co/

What???

Since when you pay this fee?

I paid 10.000 satoshis fee, sometimes 20.000 satoshis.

I do not know if there is that option you want.

Thanks for your comment! You helped me really much with it!  :D

There is an option for it. If you bothered reading the post janggernaut made.
The fees in transaction differs.

Too risk if you custom transaction fees, because it will be more than one day to arrive.
Here maybe can help:  http://bitcoin.stackexchange.com/questions/11748/how-do-faucets-micropayment-based-services-avoid-minimize-transaction-fees


It's because OP input/output is have big size. Fees is depends on how big transaction (in byte).

I sent it to an adress with fee 1k satoshi, we will see
I will keep you guys updated with the transaction

But not reliable fee with gave an effect of your transaction, nothing give a lower fee for your transaction if you don't need to getting an stuck or unconfirmed transaction.

I cant understand you..

No confirmation yet,
Transaction: https://blockchain.info/tx/cc1130066c7e0f8d783a122c20baa2601b0151b06933739c4a70e717dee6261

The best policy is to keep standard transaction fee - and even though you can set it to anything you like if you lower it too much you risk very late confirmation/no confirmation at all.
I would rather pay normal fee that get nervous because my trasaction is not processing fast enough. Don't be stingy with the fees.

And that link is not working, it shows: "Transaction not found"

And that link is not working, it shows: "Transaction not found"
[/quote]

Sorry i forgot to add 1 letter
New link: https://blockchain.info/tx/cc1130066c7e0f8d783a122c20baa2601b0151b06933739c4a70e717dee6261d

The transaction should get confirmed soon.The soon might be anywhere between 1-5 hours or less.Even though the fees paid are quite less but should do for that amount of transfer.But look at the size of your transaction ,782 (bytes) which is quite more than an average transaction ,leading to a need in increase of the fees.The fees are determined proportionally with the tx size in kb.

That's a medium-sized dust transaction with very low fee.  Most nodes won't even relay that transaction.  It may take a long time for it to get confirmed.

So there is a chance the transaction never confirms?

Yes.  There's a decent chance (not guaranteed) that it will not confirm within 3 days and returns to your blockchain wallet.

Oh so it will return to your wallet, interesting

Anyways thanks for all your comments and taking the time to make me know more from btc!

If you are dealing with dust payments then I would recommend you to try Xapo (https://xapo.com)
You can send even one satoshi through Xapo as they pay the miner's fee for you.

Thank you for your reply! Already had xapo but never thought about i could send to other wallets! I thought i only could send to email adresses! :D

It is always good choice to use recommended fee by blockchain.info as they will look at your input size (this will be really big size if you have gotten many small amount of bitcoin several times). And it seems like that your input size is big so blockchain is recommending enough fee to make your transaction confirmed within first block (10minute time).

But if you are not in hurry than i think transaction may get confirmed after few hours if you halved that recommended fee.


Sorry i forgot to add 1 letter
New link: https://blockchain.info/tx/cc1130066c7e0f8d783a122c20baa2601b0151b06933739c4a70e717dee6261d
[/quote]

with 1000 satoshi only as fee and Size   782 (bytes), i don't think this transaction gonna get confirmed within few weeks or even may get returned back to your sending address (have heard that transaction may get returned if no confirmed for long time)

Looks like you've been lucky, your tx got confirmed pretty fast (agains the odds)... Next time, please re-read my first post... It was the second post in this thread, and it might have saved you the trouble of having to wait several hours before a confirmation occured:

Whether bitcoin What you get is earning of playing faucet if yes why not you find faucet use faucetbox so you can gather balance in your faucetbox account and when the next time you want to send your bitcoin does not happen like this. the high fee of the transaction is likely due to the many transactions in your wallet.

Looks like you are a faucet earner or small earner.. if you really want to have a wallet with low fee.. try electrum you can pay fee 10k sat as minimum fee..
or you can use bit-x wallet or xapo they have no fee for every transaction..

Electrum is a shit wallet for me, i got 1 mbtc in it and when i want to send btc to someone it says insufficient funds

By the way, doesnt it take very long to confirm a transaction with no fee on xapo?

Xapo won't charge anything and will pay the fee for you.  Bit-x (now they're called coinsbank) will deduct 0.0001 from your balance and will pay the rest of the fee for you (iirc).

So you have 0.001BTC in electrum, and when you try to send it, you have insufficient funds.
How much are you trying to send, is there change?
How many inputs?
How many outputs?
How much is the fee?

It's easy to see this info
- open electrum
- go to the addresses-tab
- hold shift while selecting ALL addresses having a positive balance (make sure to look in the change-addresses to)
- right click => send from
- in the From-section: count the number of inputs
- In the Amount-secion: how many BTC are you entering
- in the fee-section: what is the fee