Bitcoin Forum

Other => Beginners & Help => Topic started by: bitfever on April 09, 2013, 07:19:05 AM



Title: Mt Gox withdrawal small amounts
Post by: bitfever on April 09, 2013, 07:19:05 AM
I am testing out my wallet (cold storage) and I am trying to figure out how to send small amounts without fees.  I could not find anything in the FAQ regarding transferring small amounts (~0.1 BTC).  How do I transfer small amounts, and is it typical to have transaction fees for transfers in BTC?  I thought a point of BTC is to be able to transfer freely without fees, maybe I am mistaken.


Title: Re: Mt Gox withdrawal small amounts
Post by: n691309 on April 09, 2013, 07:35:11 AM
I am testing out my wallet (cold storage) and I am trying to figure out how to send small amounts without fees.  I could not find anything in the FAQ regarding transferring small amounts (~0.1 BTC).  How do I transfer small amounts, and is it typical to have transaction fees for transfers in BTC?  I thought a point of BTC is to be able to transfer freely without fees, maybe I am mistaken.

I you have in your address 0.1 BTC which you received in one transaction, then you have to wait at least 10 days to be able to send it without transacion fees, in other words x bitcoin days.

https://en.bitcoin.it/wiki/Transaction_fees


Title: Re: Mt Gox withdrawal small amounts
Post by: bitfever on April 09, 2013, 03:38:08 PM
I have sent various amounts to my MtGox account through mining and transfer from bitfloor.  It seems this issue is a policy of MtGox.  Should I just transfer back to Bitfloor?  I am afraid of my wallet getting hacked into online, but I have not transferred to my own wallet yet and want to test it first.