Bitcoin Forum

Economy => Web Wallets => Topic started by: FasTroy on June 08, 2017, 01:43:57 PM



Title: Xapo fees is too high.
Post by: FasTroy on June 08, 2017, 01:43:57 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.


Title: Re: Xapo fees is too high.
Post by: elite3000 on June 08, 2017, 01:56:29 PM
I don't know. Maybe they want to compensate for the time they offered transactions for free?

Or just got greedy.

There is no reasonable reason for such high fee now


Title: Re: Xapo fees is too high.
Post by: mocacinno on June 08, 2017, 02:02:37 PM
This is only a guess, but AFAIK, xapo was popupal amongst faucet users and PTC'ers... Since they didn't have to pay a fee to spend their outputs, i can only imagine a lot of people used xapo to send dust outputs to.
If this is still the case, xapo must have loads and loads of dust outputs, so if they have to combine a bunch of dust to create reasonable sized transaction outputs, the average size of xapo withdrawal transactions would be above-average, explaining the higher fees.

Once again: this is a guess, one of the possible theories...


Title: Re: Xapo fees is too high.
Post by: olushakes on June 08, 2017, 02:03:44 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

For me,  $6 is not too much to pay for a transaction running into above $500 but definitely not for $20 transaction but the issue I will have is the duration for the transaction to confirm and if that is not happening soonest then the fee is too high which I won't subscribe to and aside that, if the amount is too much, all I need to do is to pay the fee once by moving out all my funds to another friendly wallet that can take care of my needs.


Title: Re: Xapo fees is too high.
Post by: Yakamoto on June 08, 2017, 02:05:27 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.
No idea why they're making it that high, but chances are it doesn't have any correlation to the rest of the network fees that are being implemented.

If you don't like their service then you can transfer your funds out and move to someone else, no-one is forcing you to use Xapo and if you think you're being gouged there are other options for users. It's not like we're in a controlled market.


Title: Re: Xapo fees is too high.
Post by: PX-Z on June 08, 2017, 02:15:25 PM
This is only a guess, but AFAIK, xapo was popupal amongst faucet users and PTC'ers... Since they didn't have to pay a fee to spend their outputs, i can only imagine a lot of people used xapo to send dust outputs to.
If this is still the case, xapo must have loads and loads of dust outputs, so if they have to combine a bunch of dust to create reasonable sized transaction outputs, the average size of xapo withdrawal transactions would be above-average, explaining the higher fees.

Once again: this is a guess, one of the possible theories...
This is the most precise answer for all the questions about huge fee from Xapo IMO. That's why all the users of Xapo will be affected by this even the person who's not fan of receiving micro payments and paired by the recommended fee by the network which is pretty high already then the output of the tx fee will be so...


Title: Re: Xapo fees is too high.
Post by: abel1337 on June 08, 2017, 02:20:51 PM
I feel you man , I recently switch wallets because of xapo's fee , But I see that the fee is high too in my wallet right now. We are now suffering from high fee's that we dont experience from before , Low fee's and fast transactions before are slowly fading right now . Hope that in the future we can turn back the old transaction fee's and transaction period.


Title: Re: Xapo fees is too high.
Post by: hendra1988 on June 08, 2017, 02:27:01 PM
Xapo has created a way for our users to be able to select if they would like to pay a standard or high priority fee - thus allowing you to choose how quickly you'd like for your transaction to be processed!

With standard priority fees, your transaction should get mined approximately within the next 6 blocks on the blockchain. If the bitcoin network is congested (you can always check the blockchain's volume here), there can be a delay in the mining of the transaction.

By selecting high priority fees, your transaction should be mined approximately within the next 1-2 blocks on the blockchain. If you choose to pay this higher fee, you will be giving the miners a larger incentive to mine your transaction faster than normal transactions!

(source from : https://support.xapo.com/what-is-the-difference-between-a-standard-or-high-priority-transaction-fee/view=faq)


Title: Re: Xapo fees is too high.
Post by: Juggy777 on June 08, 2017, 02:33:11 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

How much are you transacting and most importantly how fast do you wish the transaction to be done, if it's a low cost transactions better not do it, if it's a big transaction and it needs to get confirmed quickly then do it, it feels strange but ya they are charging you a lot. Have you left them a support ticket as to why are you being charged so high? Or send by normal fee but then your transaction may take a while to confirm. These days fees are just ridiculous.


Title: Re: Xapo fees is too high.
Post by: Kprawn on June 08, 2017, 03:35:56 PM
Did you choose high priority fees? They inflate that option with extra high fees for people who wants quick confirmations. The Xapo to Xapo

transactions are still free and instant.  ;) ....I think this method of determining the fees are something that are done by lazy developers. They can

have a automated system that queries external sources like https://bitcoinfees.21.co/ to check for the most appropriate fee.  >:(


Title: Re: Xapo fees is too high.
Post by: cruz49 on June 08, 2017, 03:47:59 PM
Well yea almost all the wallet that holds bitcoin increase their fee as far as i know they don't know what is the prediction of bitcoin so that they increase their fee's.,,, xapo is good enough but here in our place the fee is too high as inn super.


Title: Re: Xapo fees is too high.
Post by: The Sceptical Chymist on June 08, 2017, 03:48:50 PM
Xapo is a shitty online wallet anyway,  so why not switch to a better one?  The fee you described is pretty ridiculous,  but even mycelium requires that much even for the 'economic' option,  which works just fine.  This whole argument is why altcoins are starting to look better every day.


Title: Re: Xapo fees is too high.
Post by: bitcoindusts on June 08, 2017, 03:52:54 PM
That is really expensive.  $6 per withdrawal, probably they also charged the previous transaction that they have not charged.  Or probably they have seen that there are lots of dust transaction being deposit in their web wallet so they have to compute it and take the average so that they won't have to move these transaction at a lost.


Title: Re: Xapo fees is too high.
Post by: chaser15 on June 08, 2017, 04:12:37 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

For me,  $6 is not too much to pay for a transaction running into above $500 but definitely not for $20 transaction but the issue I will have is the duration for the transaction to confirm and if that is not happening soonest then the fee is too high which I won't subscribe to and aside that, if the amount is too much, all I need to do is to pay the fee once by moving out all my funds to another friendly wallet that can take care of my needs.

Yes $6 fee is not too much but depends on the amount that will placed on transaction. That is too much if it's around $100 transaction like I did recently. I send around $200 and it cost me around the OP's mentioned fee and that is a standard fee. The high priority fee is around 330,000 satoshis. Compare to other exchanges, the average is around 120,000 satoshis as a standard fee (like Coinbase).

But the good thing here is, I have seen some changes. Last week IIRC, I send from XAPO with a standard fee of 150,000 satoshis as standard fees and still it took 8 hours to confirm. My recent transaction that cost 220,000 satoshis only tooks couple of hours before it was confirmed. To overcome this, I will just do sending when it really needs and at least a high amount to avoid so much fees. I need XAPO service that's why no way I will left this exchange.

Xapo is a shitty online wallet anyway,  so why not switch to a better one?  The fee you described is pretty ridiculous,  but even mycelium requires that much even for the 'economic' option,  which works just fine.  This whole argument is why altcoins are starting to look better every day.

It's not about the shitty online wallet but we are talking about the fees. Can you give us some wallet or exchanges with reasonable standard fees that will not take the confirmation time not long? Give us some idea.


Title: Re: Xapo fees is too high.
Post by: BtcKing 1 on June 08, 2017, 04:20:06 PM
Yeah the fees are much higher now and the BTC price is high too  >:( I don't understand why they are doing that.... maybe they are just greedy that's the only explanation i can get   ::)


Title: Re: Xapo fees is too high.
Post by: MRlong on June 08, 2017, 04:35:21 PM
About fees for a transaction BTC now is very hight, but I think 400 sat/byte is not highest, I use Electrum and if I want confirm my transaction after one block, best choice is 500 sat/byte ::)


Title: Re: Xapo fees is too high.
Post by: Dorky on June 08, 2017, 04:59:03 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

Do you own your private key using Xapo (sound like an outright copycat on Zappos, I might as well open up a company called Mikosov or Epol or Emizon)?

Don't use Xapo.

I remember trying to use it back in 2014 and the wallet stop me from withdrawing my savings unless I send them my entire DNA (ID, driver's license, bank statement, utility bill, etc) for verification. Luckily I got only like 80000 satoshi inside. Imagine if I have a much bigger amount saved, I would be screwed. They have no right and no obligation to collect any personal information by law. And their service is just 3rd party, which means you don't own what you have saved in its wallet. Don't be stupid. Stay away from Xapo.


Title: Re: Xapo fees is too high.
Post by: gentlemand on June 08, 2017, 05:07:26 PM
Cheaper withdrawals fees than Kraken now, which is the equivalent of $7. I can't tell whether these services are trying to pay off fees they've eaten in the past or are just price gouging.


Title: Re: Xapo fees is too high.
Post by: xhienigat on June 08, 2017, 05:35:37 PM
Most probably they are also taking advantage of bitcoins current price, I used Xapo before and now I can't even withdraw the money I have their because it cost half of what I was about to withdraw. They are paying a lot for miners fee, so sad.


Title: Re: Xapo fees is too high.
Post by: webtricks on June 08, 2017, 05:35:57 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

Case is not alone with Xapo. I have observed many other wallets like BTC.com etc are charging compulsive fees over and above network fees. I guess problem is not with these wallets but with us who are using these web wallets and giving them ultimate power to control our Bitcoin. Better quit web wallets!


Title: Re: Xapo fees is too high.
Post by: Harry Callahan on June 08, 2017, 05:41:28 PM
The main issue is they are charging higher fees but what funny is that they are not using those fees while transferring the amount,the minimum amount of fees they are charging now to send a transaction is over 0.0024 btc but while sending they will only input 0.0012 btc ,they said they will be using those fees for transaction and now they are taking commission too i guess. ::)


Title: Re: Xapo fees is too high.
Post by: goinmerry on June 08, 2017, 05:42:53 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

Do you own your private key using Xapo (sound like an outright copycat on Zappos, I might as well open up a company called Mikosov or Epol or Emizon)?

Don't use Xapo.

I remember trying to use it back in 2014 and the wallet stop me from withdrawing my savings unless I send them my entire DNA (ID, driver's license, bank statement, utility bill, etc) for verification. Luckily I got only like 80000 satoshi inside. Imagine if I have a much bigger amount saved, I would be screwed. They have no right and no obligation to collect any personal information by law. And their service is just 3rd party, which means you don't own what you have saved in its wallet. Don't be stupid. Stay away from Xapo.

Your reply is far away from what OP is concerned.

He is not asking us for our personal experience in XAPO disregarding the transaction fees. OP is talking about the $6 transaction fees applied as standard fee. Honestly most of the exchanges have higher transaction fees and I think it can even goes up to $10 while bitcoin price is increasing due to demand. And I don't think XAPO will benefit to this since if you will look at your transaction id, the fees are really applied. All my transactions are being fair. Just don't know about the others if the fees are really applied to their transactions.

Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

Case is not alone with Xapo. I have observed many other wallets like BTC.com etc are charging compulsive fees over and above network fees. I guess problem is not with these wallets but with us who are using these web wallets and giving them ultimate power to control our Bitcoin. Better quit web wallets!

Even users are not using web wallets, othes wallets are having high fees too (e.g Mycelium) so what's the difference of them about our concern to fees? All users are affected here no matter the wallet is used. If you will setup a low fees then goodluck on how long it will confirmed.


Title: Re: Xapo fees is too high.
Post by: Jantapw on June 08, 2017, 07:18:12 PM
fees are increasing everywhere... kraken having $7 fees on withdrawal


Title: Re: Xapo fees is too high.
Post by: xskl0 on June 08, 2017, 07:37:29 PM
When I used it was free


Title: Re: Xapo fees is too high.
Post by: LTU_btc on June 08, 2017, 07:39:20 PM
Noticed high Xapo fees. Few days ago I sent 0.01 btc from Xapo, I choosed Standard priority fee, which was 0.0018 btc. I had to wait over 6 hours to get confirmations. If I would choose high priority fee, they would charge even more.
Maybe fees are such high, because they want to cover expenses from times, when they had free transactions.


Title: Re: Xapo fees is too high.
Post by: jonpande on June 08, 2017, 07:58:18 PM
all the average increase, so too with some of the exchange market fee withdraw have gone up.
to solve this I switch to my $DOGE #DGB #ETH that is still affordable and cheap in the transaction fee  :)


Title: Re: Xapo fees is too high.
Post by: European Central Bank on June 08, 2017, 08:03:29 PM
all the average increase, so too with some of the exchange market fee withdraw have gone up.
to solve this I switch to my $DOGE #DGB #ETH that is still affordable and cheap in the transaction fee  :)

ethereum fees are catching up fast. check what happens when all these dapps or whatever they are are piling pressure on space.


Title: Re: Xapo fees is too high.
Post by: erikalui on June 08, 2017, 08:13:35 PM
Xapo looks ridiculous now. What are their new terms and conditions for even incoming transactions. The minimum is 0.00141976  else a ridiculous fee of 0.00094651  is charged? And the fee of 0.00223083 is too high to pay as I pay 0.0005 fee for my bitcoin transactions via blockchain which get confirmed within an hour. Xapo is anyways charging a fee and hence why to even charge for incoming transactions? Glad that I left them.


Title: Re: Xapo fees is too high.
Post by: Zadicar on June 08, 2017, 08:27:12 PM
Oh just as i  thought lately that anytime soon they will charge up some fees on making transfers but what the heck on the required fees about 0.002 is too much and i didnt expect that they charge up more than on coinbase which is 0.001 fees which is already too much for me,how about more on xapo..I cant afford to pay up such high fee better to look another wallet or stick to coinbase.


Title: Re: Xapo fees is too high.
Post by: BitHodler on June 08, 2017, 08:45:37 PM
all the average increase, so too with some of the exchange market fee withdraw have gone up.
to solve this I switch to my $DOGE #DGB #ETH that is still affordable and cheap in the transaction fee  :)

ethereum fees are catching up fast. check what happens when all these dapps or whatever they are are piling pressure on space.
Basically that. If you look properly at the altcoin industry, then you'll know that network-wise, there is barely any real usage, and thus all transactions will confirm incredibly fast compared to Bitcoin.

If at some point these networks will start experiencing some heavy usage, they will eventually go through the same obstacles Bitcoin is going through right now ~ that's something people here don't seem to realize.


Title: Re: Xapo fees is too high.
Post by: Vikingr on June 08, 2017, 08:53:49 PM
I was a permanent user of xapo but after they imposed the miners fees I also noticed that their fees is very high than any other wallet or than the normal fees.  think it was their older calculation which they were paying for the members and now they want us to pay the same as they were paying.


Title: Re: Xapo fees is too high.
Post by: mharz on June 08, 2017, 08:54:03 PM
Yeah xapo payment was too high, your earnings was always deductable due to payment. Sometimes your half of your income wasn't come to you because you can prepare it for payment to xapo charges.


Title: Re: Xapo fees is too high.
Post by: Gameroid on June 08, 2017, 08:54:30 PM
Xapo looks ridiculous now. What are their new terms and conditions for even incoming transactions. The minimum is 0.00141976  else a ridiculous fee of 0.00094651  is charged? And the fee of 0.00223083 is too high to pay as I pay 0.0005 fee for my bitcoin transactions via blockchain which get confirmed within an hour. Xapo is anyways charging a fee and hence why to even charge for incoming transactions? Glad that I left them.
their terms and conditions are changing from time to time. in previous days i received a message from them that they are not charging any fee but it is upto you to put the fee according your your own choice and your transaction fee will be depending on the fee you have put on. i personally still not confirm that what is their real strategy either they are collecting fee manually or automatically cutoff at the time of transaction.


Title: Re: Xapo fees is too high.
Post by: chaser15 on June 08, 2017, 08:56:44 PM
When I used it was free

When was the last time you used XAPO? If just recently then maybe you transfer to XAPO user too as transaction are free if between XAPO to XAPO accounts. But today there are respective when sending bitcoin to an outgoing address.

Noticed high Xapo fees. Few days ago I sent 0.01 btc from Xapo, I choosed Standard priority fee, which was 0.0018 btc. I had to wait over 6 hours to get confirmations. If I would choose high priority fee, they would charge even more.
Maybe fees are such high, because they want to cover expenses from times, when they had free transactions.

Same case, around 150,000 sats and it tooks 8 hours to confirm but recently pays 220,000 sats and transaction was confirmed in less than two hours. I see the fees were applied so no argument to XAPO.


Title: Re: Xapo fees is too high.
Post by: andreibi on June 08, 2017, 08:57:11 PM
I said goodbye to Xapo long ago. It was a nice 2016 with zero fees. Great for accepting micro btc transactions.


Title: Re: Xapo fees is too high.
Post by: FLoving on June 08, 2017, 08:58:04 PM
I was a permanent user of xapo but after they imposed the miners fees I also noticed that their fees is very high than any other wallet or than the normal fees.  think it was their older calculation which they were paying for the members and now they want us to pay the same as they were paying.
Maybe they would pay the same fees but they were able to pay that much fees or they may pay lesser and now want the members to pay high to speed up the transactions more. By they way they do not have to decide for the fees but they have to give the members the option to write their own fees while transacting the money.


Title: Re: Xapo fees is too high.
Post by: equator on June 08, 2017, 09:03:56 PM
I was a permanent user of xapo but after they imposed the miners fees I also noticed that their fees is very high than any other wallet or than the normal fees.  think it was their older calculation which they were paying for the members and now they want us to pay the same as they were paying.
Maybe they would pay the same fees but they were able to pay that much fees or they may pay lesser and now want the members to pay high to speed up the transactions more. By they way they do not have to decide for the fees but they have to give the members the option to write their own fees while transacting the money.

I dont think that they will do this because in this case some users who dont know how much to put transaction fees on each transaction. but even the other exchanges are also charging flat 0.0015btc as transaction fees for any volume of transaction. so now they are getting chance to earn back what they use to send in free.


Title: Re: Xapo fees is too high.
Post by: batang_bitcoin on June 08, 2017, 09:30:41 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

I just used them when they started to charged low incoming transactions and now with this type of adjustment this is making me to stop them in using. And there's no way for us to see them again charging no fees for each of our transactions. This will make their users stop and their adjustment of fee is not even deciding for their users instead they are the ones to decide it.


Title: Re: Xapo fees is too high.
Post by: giveen on June 08, 2017, 09:43:04 PM
Totally agree with first the fees was 0.001 which was decent and same as most exchanges so i didn't care much but 0.0023 is actually a lot and i keep all my funds in xapo. I used to coinbase but stopped because of fees i guess this is the right time for me to shift backnto coinbase and would recommend you also to do the same


Title: Re: Xapo fees is too high.
Post by: Shenzou on June 08, 2017, 10:49:11 PM
Is there any way that we can send bitcoin without paying high redicoulis fees, for a while i have been using Xapo wallet and i have never thought that they will reach a point where they take high fees for external transactions, so what is the best wallet out there that doesn't take so much fees, i know that these are not going to the wallet company because they are for miners, but at least is there one that lets you set the fees by yourself


Title: Re: Xapo fees is too high.
Post by: Vikingr on June 08, 2017, 10:57:08 PM
I was a permanent user of xapo but after they imposed the miners fees I also noticed that their fees is very high than any other wallet or than the normal fees.  think it was their older calculation which they were paying for the members and now they want us to pay the same as they were paying.
Maybe they would pay the same fees but they were able to pay that much fees or they may pay lesser and now want the members to pay high to speed up the transactions more. By they way they do not have to decide for the fees but they have to give the members the option to write their own fees while transacting the money.

I dont think that they will do this because in this case some users who dont know how much to put transaction fees on each transaction. but even the other exchanges are also charging flat 0.0015btc as transaction fees for any volume of transaction. so now they are getting chance to earn back what they use to send in free.
I think we can see on the explorer that how much fees is paid for a particular transaction so xapo if will charge any fees then they will pay all of them for the transaction as they say that it is only the miner fees deducted from them and so they will not defame their wallet by getting some money from it.


Title: Re: Xapo fees is too high.
Post by: Bitcoinsummoner on June 08, 2017, 11:38:40 PM
That is why i don't like to use online or web wallet because you dont have fully control about your fee for every transaction and you can not change it every time you are sending.. better to choose desktop wallet like electrum if you want to control the fee..
and just update and follow the good fees here bitcoinfees.21.co and you are in good to go to send with enough fees.


Title: Re: Xapo fees is too high.
Post by: neochiny on June 09, 2017, 01:35:37 AM
About fees for a transaction BTC now is very hight, but I think 400 sat/byte is not highest, I use Electrum and if I want confirm my transaction after one block, best choice is 500 sat/byte ::)
I usually don’t need that much of a high fee when I send transactions with Bitcoin software since I try to use the accelerator from viabtc. Once the transaction is placed into that website, the transaction gets confirmed within a few hours.
Why do people spend so much on their transactions if they don’t really have to?

Maybe because some people would rather pay the appropriate fees rather than use a slot from viabtc which (in my opinion) was meant for those who has mistakenly calculated their tx size and has thus set a low fee.  ;D

Urgent transaction? Use the fastest and cheapest fee from bitcoinfees21
Not so urgent? Use a lower fee.
Mistakenly set a very low fee? Use the accelerator.

As for Xapo's fees, I'd suggest moving to a wallet that let's you set your own fees.


Title: Re: Xapo fees is too high.
Post by: SimmonenY on June 09, 2017, 07:06:50 AM
The lack of control over fees can be frustrating sometimes. Xapo used to be one of my favorite wallets.


Title: Re: Xapo fees is too high.
Post by: coinplus on June 09, 2017, 06:10:32 PM
As for Xapo's fees, I'd suggest moving to a wallet that let's you set your own fees.
I do not think I may not need to switch over to new wallet services. Xapo provides me options to choose high priority and low priority fees. Even with low priority fees they are adding extra fees as per other included out going transactions which leads to more than enough satoshi per byte for medium priority.

Probably directly processing fees as per network demands and not combining other user's tx into one single transactions might have prevented such a topic of complaining against fees.   


Title: Re: Xapo fees is too high.
Post by: LTU_btc on June 10, 2017, 05:09:34 PM
By the way, I noticed one more bad thing about Xapo. I had to receive 0.001 btc, but received only 0.0002. There was attached message:
Since this transaction is is equal to or less than BTC 0.00146979, a fee has been charged to cover the costs of the bitcoin network.
But earlied they charged only transactions smaller than 0.0003 btc and now fee is increased. And transaction fee was already paid by sender, so why Xapo also have to charge fees?
It's enough for me, I'm leaving Xapo and moving bitcoins to other wallet.


Title: Re: Xapo fees is too high.
Post by: khaled0111 on June 13, 2017, 02:23:14 PM
This is the worst decision Xapo made. I am done with this wallet.
Due to high fees, I think am going to use a desktop wallet  :).


Title: Re: Xapo fees is too high.
Post by: ActiveP on June 13, 2017, 02:40:39 PM
Miners are currently having a very good period, with the bitcoin price rising every week, the fees are growing too. The transaction cost chart shows there is a correlation between price rises and transaction fees, that said, $6 quid for a $20 transaction is just too much.


Title: Re: Xapo fees is too high.
Post by: mrcash02 on June 13, 2017, 09:40:43 PM
By the way, I noticed one more bad thing about Xapo. I had to receive 0.001 btc, but received only 0.0002. There was attached message:
Since this transaction is is equal to or less than BTC 0.00146979, a fee has been charged to cover the costs of the bitcoin network.
But earlied they charged only transactions smaller than 0.0003 btc and now fee is increased. And transaction fee was already paid by sender, so why Xapo also have to charge fees?
It's enough for me, I'm leaving Xapo and moving bitcoins to other wallet.


So they are charging fees of lower transactions, but not charging from big transactions? The little transactions are paying the fees for everyone's transactions, it's not a good way to do business... Xapo wanted to be different from other online services, but they became worse than all. It's not a small transaction friendly online wallet.


Title: Re: Xapo fees is too high.
Post by: rozee on June 15, 2017, 10:56:33 PM
yes xapo fees is too high i am also get this experience i sent 0.002 bitcoin to other address but the fees is 0.0014 bitcoin its almost same with the amount i sent, because of that i am not using xapo again and use other wallet with customised fees


Title: Re: Xapo fees is too high.
Post by: SvenBomvolen on June 16, 2017, 01:41:08 PM
I don't know. Maybe they want to compensate for the time they offered transactions for free?

Or just got greedy.

There is no reasonable reason for such high fee now

That's right. Maybe they changed a head of the site and it's their new politic to make as much money on users as it is possible. I think with such temps they will loose users only.


Title: Re: Xapo fees is too high.
Post by: King Sastro on June 21, 2017, 08:51:35 AM
Yes correct, this makes I am redirecting to wallet exchanger such as bittrex, livecoin or poloniex, normal transactions need cost more than 0.0015 and for faster should cost about 0.0025 btc.


Title: Re: Xapo fees is too high.
Post by: Coiner_ on July 07, 2017, 07:54:44 PM
Just discovered they have a BTC0.00113443 transaction fee (http://linkshrink.net/7y8XUS). That's > 15x the amount Moonbitcoin had funneled in there before they switched to Coinpot.

I've pretty much lost my satoshis. Oh well  :'(


Title: Re: Xapo fees is too high.
Post by: ansi on September 02, 2017, 03:43:33 PM
Joined them yesterday just to get paid from a file hosting website
Now i tried to send those btc to blockchain & guess what, the fee was the double of what i wanted to send to blockchain lol

WTF with this stupid XAPO thing, unbelievable ???

So according tho their stupidity small amount shouldn't be used there, what the hell is wrong with them ?
I.E: sending $1.00 will cost you at least $6 BTC (standard) LOl on their stupidity

PS: they are forcing people to download their stupid APP since they ask people the next login to enter that 2nd factor number (even if it's not activated in your profile when you first joined)   which can only be acquired by installing their stupid APP.

Bunch of stupid scammers, if you have small amounts of BTC there, forget about it, you want be able to withdraw them or send them to any other wallet or BTC address.


Title: Re: Xapo fees is too high.
Post by: btccashacc on September 02, 2017, 07:37:59 PM
Joined them yesterday just to get paid from a file hosting website
Now i tried to send those btc to blockchain & guess what, the fee was the double of what i wanted to send to blockchain lol

WTF with this stupid XAPO thing, unbelievable ???

So according tho their stupidity small amount shouldn't be used there, what the hell is wrong with them ?
I.E: sending $1.00 will cost you at least $6 BTC (standard) LOl on their stupidity

PS: they are forcing people to download their stupid APP since they ask people the next login to enter that 2nd factor number (even if it's not activated in your profile when you first joined)   which can only be acquired by installing their stupid APP.

Bunch of stupid scammers, if you have small amounts of BTC there, forget about it, you want be able to withdraw them or send them to any other wallet or BTC address.
This is why so many people migrate from xapo to another wallet service, I was a xapo user but they didn't force me to download the APP I just accessed the site through the browser installing an App seems like annoying, seriously the reason why do people left xapo it was due to the fee that they're charging. I personally have some bitcoins out there but my account has been blocked and i have to upload my document first to get my account back, sorry it's a big no well it doesn't matter since it just a little amount.


Title: Re: Xapo fees is too high.
Post by: carlfebz2 on September 03, 2017, 01:30:00 PM
Joined them yesterday just to get paid from a file hosting website
Now i tried to send those btc to blockchain & guess what, the fee was the double of what i wanted to send to blockchain lol

WTF with this stupid XAPO thing, unbelievable ???

So according tho their stupidity small amount shouldn't be used there, what the hell is wrong with them ?
I.E: sending $1.00 will cost you at least $6 BTC (standard) LOl on their stupidity

PS: they are forcing people to download their stupid APP since they ask people the next login to enter that 2nd factor number (even if it's not activated in your profile when you first joined)   which can only be acquired by installing their stupid APP.

Bunch of stupid scammers, if you have small amounts of BTC there, forget about it, you want be able to withdraw them or send them to any other wallet or BTC address.
This is why so many people migrate from xapo to another wallet service, I was a xapo user but they didn't force me to download the APP I just accessed the site through the browser installing an App seems like annoying, seriously the reason why do people left xapo it was due to the fee that they're charging. I personally have some bitcoins out there but my account has been blocked and i have to upload my document first to get my account back, sorry it's a big no well it doesn't matter since it just a little amount.
Coinbase and Xapo is famous when it comes on having no fees regarding on any transfer that you would made back in the past but when they already charged up.First was coinbase who did make implementations on charging up tx fee from its users and next is Xapo. I can able to say such thing because I'm both user of those coins.This would only be good if you do make transfers on the same wallet since that would really be a free of charge but now fees rose up insanely high reaching out almost $6-$10 when I do make a transaction last time.


Title: Re: Xapo fees is too high.
Post by: felicita on September 03, 2017, 08:08:15 PM
you asking why ??
becourse ey covered fees over years in there starting from users.
many years i had no fees for any btc transaktion outgoing and ingoing from xapo, they allways payed all fees from there users :D
now ey take the fees back :D



kind regards


Title: Re: Xapo fees is too high.
Post by: klf on September 07, 2017, 08:10:28 AM
you asking why ??
becourse ey covered fees over years in there starting from users.
many years i had no fees for any btc transaktion outgoing and ingoing from xapo, they allways payed all fees from there users :D
now ey take the fees back :D



kind regards

Earlier they were paying the fee because they wanted to attract more and more people to use their wallets. Since now fees are high then they started to charge the fee and that should be fine. But I too find that their minimum fee itself is quite compared to other wallet services.

I was using them even though higher fee because of their debit card but from next month they even stop that facility in my country so I will not use this wallet anymore.


Title: Re: Xapo fees is too high.
Post by: mustafizur8400 on September 11, 2017, 08:37:46 AM
Just discovered they have a BTC0.00113443 transaction fee (http://linkshrink.net/7y8XUS). That's > 15x the amount Moonbitcoin had funneled in there before they switched to Coinpot.

I've pretty much lost my satoshis. Oh well  :'(

leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.


Title: Re: Xapo fees is too high.
Post by: sunsilk on September 11, 2017, 12:18:26 PM
leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.


Title: Re: Xapo fees is too high.
Post by: LTU_btc on September 11, 2017, 06:19:02 PM
leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.


Title: Re: Xapo fees is too high.
Post by: sunsilk on September 12, 2017, 09:54:51 AM
leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

Thanks for verifying it. I forgot that thing about xapo, they suck on receiving small transactions.

They are going to charge you with higher fee than the small amount that you are about to receive. And that's why xapo is no longer good.

An update also that they will no longer operate for bitcoin debit card holders outside Europe.


Title: Re: Xapo fees is too high.
Post by: Adbitco on September 13, 2017, 09:32:10 PM
I used to use it in the past a lot and it used to be my favorite wallet but ever since they started charging such high fee for transactions I stopped using it completely. Though their fee structure provides for both standard priority fee and high priority fee and they say the fee doesn't go to them but I doubt if they don't keep some fraction of it plus the fee is applied on incoming transactions too I don't think xapo is worth using now.


Title: Re: Xapo fees is too high.
Post by: crairezx20 on September 13, 2017, 11:38:14 PM
leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

Thanks for verifying it. I forgot that thing about xapo, they suck on receiving small transactions.

They are going to charge you with higher fee than the small amount that you are about to receive. And that's why xapo is no longer good.

An update also that they will no longer operate for bitcoin debit card holders outside Europe.
Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..


Title: Re: Xapo fees is too high.
Post by: Barcode_ on September 14, 2017, 09:09:06 AM
I have stopped using Xapo as a bitcoin wallet because there is no options for the users to customize the transaction fees, since the price surge in bitcoin, miners transaction fees have become extremely expensive because of bitcoin values, so I prefer to use a bitcoin wallet that allows me to set my own transaction fees whenever I send bitcoins out of my wallet.


Title: Re: Xapo fees is too high.
Post by: chaser15 on September 14, 2017, 02:54:55 PM

Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently.

For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees.


Title: Re: Xapo fees is too high.
Post by: dunfida on September 15, 2017, 05:21:28 PM

Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently.

For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees.
I dont know why some people do make use on exchange wallets.They do really charge huge fees which is more than on the regular charge of the network.Just like on my local wallet provider they do really charge up ridiculously high this is why i decide to make use electrum instead on having your own private keys you can anytime adjust your fees according to your own decision.


Title: Re: Xapo fees is too high.
Post by: Pejoh Asu on September 18, 2017, 08:41:45 AM
This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.


Title: Re: Xapo fees is too high.
Post by: Potato Chips on September 18, 2017, 11:54:24 PM

Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently.

For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees.
I dont know why some people do make use on exchange wallets.They do really charge huge fees which is more than on the regular charge of the network.Just like on my local wallet provider they do really charge up ridiculously high this is why i decide to make use electrum instead on having your own private keys you can anytime adjust your fees according to your own decision.

Its because of lack of knowledge most probably. i mean if you know something better and you can literally reach it why won't you go there? this solves the question why most newbies uses exchanges and online wallets as their main wallet. the other reason i could think of is because theay don't have the gadgets for it e.g. pc for windows wallet or mycelium for android/ios

This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

wow, so you're saying its okay to pay large amount of miner fee just to become a loyal user lol? please refer to https://bitcoinfees.21.co/ they state the fastest and cheapest fee real time as of now its 40000 satoshis which is really cheaper than xapo. imagine how much you can save if you are paying cheaper miner fees than xapo in every transaction you made and don't forget to add the fact that bitcoins price is rising


Title: Re: Xapo fees is too high.
Post by: passwordnow on September 19, 2017, 12:24:34 PM
This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

Seriousky 92,000 satoshi's for each transaction that will be prioritized? 70,000 satoshi's is still too big for me. That's why I never use them again, they are charging higher fees, they are business but that's too much. We are into crypto currencies because we are avoiding big fees from centralized transactions. If that makes you a loyal user, wait for some updates for xapo and let's see if you'll stay if they'll asked for another increase.


Title: Re: Xapo fees is too high.
Post by: terrific on September 21, 2017, 09:17:08 AM
This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

That's still high, I will not going to change my web wallet. I'm good with blockchain.info before everyone loved to use xapo but change of their terms and service is killing their business. They are even limiting the usage of their debit card. They should be aware that the fees now are quite lower than before and their customers are starting to leave them. I'll be back to them when they started to lower the fees.


Title: Re: Xapo fees is too high.
Post by: Sate Jamu on September 23, 2017, 04:22:03 AM
Almost all bitcoin transaction costs are expensive, this is not just happening in xapo but coinbase and blocktrail too, I expect the bitcoin transaction fee as it used to be for free.


Title: Re: Xapo fees is too high.
Post by: sunsilk on September 25, 2017, 10:28:53 AM
leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

Thanks for verifying it. I forgot that thing about xapo, they suck on receiving small transactions.

They are going to charge you with higher fee than the small amount that you are about to receive. And that's why xapo is no longer good.

An update also that they will no longer operate for bitcoin debit card holders outside Europe.
Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

I know about that and I'm one of those people that are using them before when I started on claiming with faucets because they are friendly with people who are earning low amount.

And the changes made everyone stop them to use especially those small amount claimers because the fees are even higher rather than their sending amount.

Almost all bitcoin transaction costs are expensive, this is not just happening in xapo but coinbase and blocktrail too, I expect the bitcoin transaction fee as it used to be for free.

I disagree, I have transactions for now and they aren't really expensive.


Title: Re: Xapo fees is too high.
Post by: Senja Kemuning on September 26, 2017, 10:14:18 AM
Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.


Title: Re: Xapo fees is too high.
Post by: eagleman on September 27, 2017, 12:10:37 AM
Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

Xapo is becoming to lose their popularity because of that changed of rule that they made. It's not even applicable because they can just simply get a smaller fees just like what blockchain.info is doing. But it looks like they want to make profit out of the transaction of people even with smaller volumes and doesn't want to offer anymore a free transaction or help for small time bitcoiners or traders. I wish that they will change this regulation and will be back again for free or if not, with lowered fees.


Title: Re: Xapo fees is too high.
Post by: 1Referee on October 02, 2017, 03:21:26 PM
Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

Sorry, but in todays standards, even at current levels, that's nothing more than dust. In general, it's pointless to transact with such insignificant amounts due to the fees that are equally as high, or mostly even higher. Another thing is that miners tend to ignore such transactions for a good while, till there is nothing better to include in their blocks, financially speaking. I support any wallet service that is following such measures in order to prevent the network from being choked by such insignificant transactions. Every wallet service is suited for daily use, but there are too many people looking to save a few satoshis here and there, and thus write down these services as being 'not suited for frequent use'.


Title: Re: Xapo fees is too high.
Post by: btcpt on October 03, 2017, 02:46:04 AM
they can just simply get a smaller fees don't worth using this wallet have much better options on the market


Title: Re: Xapo fees is too high.
Post by: boyptc on October 03, 2017, 05:46:59 PM
they can just simply get a smaller fees don't worth using this wallet have much better options on the market

It's their decision of increasing the fees, most of the web wallets now aren't free and they are not offering a service that's for free now.

Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

They don't want to accept lower amount of satoshi's now as they are into bigger transactions but still they have their cold storage which is also a good service from them.


Title: Re: Xapo fees is too high.
Post by: richardsNY on October 03, 2017, 08:49:44 PM
they can just simply get a smaller fees don't worth using this wallet have much better options on the market

It's pointless for any service to lower and then to increase its fees constantly -- it will result in confusion and a lot of unhappy customers. People have been spoiled previously with free external transactions, and now act like something very precious has been taken away from them. People should understand that wallet services are businesses looking to make profit, and thus aren't charities to help the cheapskates here to move their faucet pennies. It is it really that difficult to place yourself in the shoes of the business in question?


Title: Re: Xapo fees is too high.
Post by: BitcoinCommodor on October 10, 2017, 03:27:35 PM
Yeah the fees are much higher now and the BTC price is high too  >:( I don't understand why they are doing that.... maybe they are just greedy that's the only explanation i can get   ::)
This is still a general thing and not just xapo alone. However, apart from the fees being high, I do not know why I have never really fancied xapo wallet. If I were to use an online wallet for any of my transaction, I had rather make use of blockchain.info ... the service that could have made me consider them which is the xapo card is even going to be stopped soon anyway.


Title: Re: Xapo fees is too high.
Post by: Bonakid on October 11, 2017, 10:37:33 AM
Agree i notice that too, the transactio was too high and that is the reason why i stop using this wallet, this is not good to those users who earn small amount of bitcoin like me big portion of our income will goes to fee and i hate that.


Title: Re: Xapo fees is too high.
Post by: Cindy1983 on October 11, 2017, 03:54:12 PM
Agree i notice that too, the transactio was too high and that is the reason why i stop using this wallet, this is not good to those users who earn small amount of bitcoin like me big portion of our income will goes to fee and i hate that.
LOL. The same with you. I've used Xapo about 1 weeks before then I changed to Coinbase cause when I used Xapo online wallet I had to pay too much kind of fee, both Deposit and withdrawal fee, so when I do some small task and earned about 0.0003 - 0.0005 BTC it only enough to pay for the deposit fee on Xapo :))) But now I'm using Coinbase and it's quite good, the transaction fee is changed everyday and it's not too high.


Title: Re: Xapo fees is too high.
Post by: eagleman on October 11, 2017, 07:41:21 PM
Agree i notice that too, the transactio was too high and that is the reason why i stop using this wallet, this is not good to those users who earn small amount of bitcoin like me big portion of our income will goes to fee and i hate that.

Their update is something that killed their entire business and their service also with their debit card now is limited to a certain area. You know what guys, I love xapo and it's one of the best web wallet for me and even until now I just really hate their fees and it's killing my small transactions especially when I was in mood to claim some satoshi's to different faucets. The sats that I'll be claiming their isn't enough just to pay the fee of each transactions, nothing is really free on this world.


Title: Re: Xapo fees is too high.
Post by: gentlemand on October 11, 2017, 08:18:30 PM
I just emptied my Xapo balance The fee was the equivalent of $2.5 which is far, far more than it needs to be. However services like this are really stuck between a rock and a hard place. Many users are too stupid, others are too advanced and often the service is marooned somewhere in the middle trying to please everyone and failing everyone.

I'd prefer it if they gave the option for fee control along with a huge button to press excluding you from ever whining to them about it. As long as you voluntarily take the responsibility it's no skin off their nose and their users will be happier.


Title: Re: Xapo fees is too high.
Post by: blockman on October 11, 2017, 08:32:29 PM
I just emptied my Xapo balance The fee was the equivalent of $2.5 which is far, far more than it needs to be. However services like this are really stuck between a rock and a hard place. Many users are too stupid, others are too advanced and often the service is marooned somewhere in the middle trying to please everyone and failing everyone.

I'd prefer it if they gave the option for fee control along with a huge button to press excluding you from ever whining to them about it. As long as you voluntarily take the responsibility it's no skin off their nose and their users will be happier.

I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.


Title: Re: Xapo fees is too high.
Post by: richardsNY on October 11, 2017, 10:25:45 PM
I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.

Instead of relying on online wallet services that people only complain about, why don't you just use a mobile wallet such as the Mycelium Bitcoin wallet? It doesn't require you to download the entire block chain, and you are the only entity in control of your private keys. It gives you all the convenience and security you are looking for. Xapo and other online wallet services will not change the way they set up their fee structure so easily, so there is no point into waiting for that to ever happen.


Title: Re: Xapo fees is too high.
Post by: jossiel on October 11, 2017, 10:46:08 PM
I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.

Instead of relying on online wallet services that people only complain about, why don't you just use a mobile wallet such as the Mycelium Bitcoin wallet? It doesn't require you to download the entire block chain, and you are the only entity in control of your private keys. It gives you all the convenience and security you are looking for. Xapo and other online wallet services will not change the way they set up their fee structure so easily, so there is no point into waiting for that to ever happen.

Don't forget about electrum, you don't have to download the whole blockchain network too as it's a normal desktop wallet where you can use it as your cold storage.

I don't use xapo anymore too and it's just the same with your reasons so I tried to find another good wallet where I can store most of my bitcoins and electrum is a good choice for me.

For me a web wallet blockchain.info is a good one but still it's a web wallet and it's still at risk. Mycelium is a good wallet but I never used it since I'm satisfied with electrum.


Title: Re: Xapo fees is too high.
Post by: john2231 on October 11, 2017, 11:10:37 PM
I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.

Instead of relying on online wallet services that people only complain about, why don't you just use a mobile wallet such as the Mycelium Bitcoin wallet? It doesn't require you to download the entire block chain, and you are the only entity in control of your private keys. It gives you all the convenience and security you are looking for. Xapo and other online wallet services will not change the way they set up their fee structure so easily, so there is no point into waiting for that to ever happen.

Don't forget about electrum, you don't have to download the whole blockchain network too as it's a normal desktop wallet where you can use it as your cold storage.

I don't use xapo anymore too and it's just the same with your reasons so I tried to find another good wallet where I can store most of my bitcoins and electrum is a good choice for me.

For me a web wallet blockchain.info is a good one but still it's a web wallet and it's still at risk. Mycelium is a good wallet but I never used it since I'm satisfied with electrum.
I have remaining blance in xapo i think around 0.007 something but since the fee is really high its not worth it to withdraw it..
I was using it before even xapo wallet when logging in is  really buggy wallet that i was experience it before since faucets before without fee when receiving and xapo is the only site that you can instantly receive from your faucet earnings that is why i use them and for debit card.. So i stop using this and only use mycelium and electrum for now because i wanted to control my wallet and can backup private keys like the other said you should backup this so that you can recover it in other wallet..


Title: Re: Xapo fees is too high.
Post by: Potato Chips on October 12, 2017, 02:26:59 AM
I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.

Instead of relying on online wallet services that people only complain about, why don't you just use a mobile wallet such as the Mycelium Bitcoin wallet? It doesn't require you to download the entire block chain, and you are the only entity in control of your private keys. It gives you all the convenience and security you are looking for. Xapo and other online wallet services will not change the way they set up their fee structure so easily, so there is no point into waiting for that to ever happen.

Don't forget about electrum, you don't have to download the whole blockchain network too as it's a normal desktop wallet where you can use it as your cold storage.

I don't use xapo anymore too and it's just the same with your reasons so I tried to find another good wallet where I can store most of my bitcoins and electrum is a good choice for me.

For me a web wallet blockchain.info is a good one but still it's a web wallet and it's still at risk. Mycelium is a good wallet but I never used it since I'm satisfied with electrum.
I have remaining blance in xapo i think around 0.007 something but since the fee is really high its not worth it to withdraw it..
I was using it before even xapo wallet when logging in is  really buggy wallet that i was experience it before since faucets before without fee when receiving and xapo is the only site that you can instantly receive from your faucet earnings that is why i use them and for debit card.. So i stop using this and only use mycelium and electrum for now because i wanted to control my wallet and can backup private keys like the other said you should backup this so that you can recover it in other wallet..

.007 btc is not a small amount to me therefore you should certainly move it to a more safer wallet since i think xapo might follow coinbase steps. Don't worry when sending from xapo to an external wallet the fees they charge will go through your transactions miner fee unlike when receiving a certain amount which you can check from this https://in.xapo.com/fees/. You should pick the lowest amount of miner fee which is 63K sats since i assume that you're not in a hurry. You're practically giving it on them, If you don't withdraw your balance on xapo. Losing 63K sats is certainly worth it to gain 600Ksats+

@Jossiel, mycelium is an android/IOS wallet--the best so far-- so its very handy on urgent payments. It's quite a hassle turning on windows to open electrum and off again since i don't use my desktop always unlike my phone which is always available 24/7


Title: Re: Xapo fees is too high.
Post by: jossiel on October 12, 2017, 07:54:50 AM
I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.

Instead of relying on online wallet services that people only complain about, why don't you just use a mobile wallet such as the Mycelium Bitcoin wallet? It doesn't require you to download the entire block chain, and you are the only entity in control of your private keys. It gives you all the convenience and security you are looking for. Xapo and other online wallet services will not change the way they set up their fee structure so easily, so there is no point into waiting for that to ever happen.

Don't forget about electrum, you don't have to download the whole blockchain network too as it's a normal desktop wallet where you can use it as your cold storage.

I don't use xapo anymore too and it's just the same with your reasons so I tried to find another good wallet where I can store most of my bitcoins and electrum is a good choice for me.

For me a web wallet blockchain.info is a good one but still it's a web wallet and it's still at risk. Mycelium is a good wallet but I never used it since I'm satisfied with electrum.
I have remaining blance in xapo i think around 0.007 something but since the fee is really high its not worth it to withdraw it..
I was using it before even xapo wallet when logging in is  really buggy wallet that i was experience it before since faucets before without fee when receiving and xapo is the only site that you can instantly receive from your faucet earnings that is why i use them and for debit card.. So i stop using this and only use mycelium and electrum for now because i wanted to control my wallet and can backup private keys like the other said you should backup this so that you can recover it in other wallet..

.007 btc is not a small amount to me therefore you should certainly move it to a more safer wallet since i think xapo might follow coinbase steps. Don't worry when sending from xapo to an external wallet the fees they charge will go through your transactions miner fee unlike when receiving a certain amount which you can check from this https://in.xapo.com/fees/. You should pick the lowest amount of miner fee which is 63K sats since i assume that you're not in a hurry. You're practically giving it on them, If you don't withdraw your balance on xapo. Losing 63K sats is certainly worth it to gain 600Ksats+

@Jossiel, mycelium is an android/IOS wallet--the best so far-- so its very handy on urgent payments. It's quite a hassle turning on windows to open electrum and off again since i don't use my desktop always unlike my phone which is always available 24/7

Yeah 0.007 BTC isn't a small amount compare before when the price of bitcoin was quite lower but now it's a total different thing as the price keeps on pumping.

I haven't used mycelium just like what I said and I don't want to get into mobile wallets since I'm not too confident with myself holding up my smart phone that has my bitcoin assets on it.

I would still prefer a desktop wallet or a web wallet for storing sum of it. Well we just do have our own likes and dislikes, if you don't like destop/windows wallet it's you and me, I really don't prefer mobile wallet but what's the most important is where we are confident of using it since both has good background and rating.


Title: Re: Xapo fees is too high.
Post by: blockman on October 12, 2017, 10:21:02 AM
I did withdraw most of my funds also in xapo though it hurts me to stop using their service but I just can't help myself and I can't endure to be blinded by their fees. It's really their problem that they are not giving the users of that option about low - high priority of our transactions. If ever they'll be starting to be in that position then possibly that I'm going to use them again but for now, I would stick into web wallets that are good for low and has adjustable fees.

Instead of relying on online wallet services that people only complain about, why don't you just use a mobile wallet such as the Mycelium Bitcoin wallet? It doesn't require you to download the entire block chain, and you are the only entity in control of your private keys. It gives you all the convenience and security you are looking for. Xapo and other online wallet services will not change the way they set up their fee structure so easily, so there is no point into waiting for that to ever happen.

Yes I'm complaining about the fees of this online wallet because I used to their free service before but I just can't help myself of telling people that I like them because of it but not anymore now. Even those mobile wallets does have their fees too. I know that they won't change their decision as they are into business and it's final for them but we don't know if there will be some sort of changes in the future if they'll base their sales report on how many active users they've got.


Title: Re: Xapo fees is too high.
Post by: 1Referee on October 12, 2017, 10:58:42 AM
Even those mobile wallets does have their fees too.

Difference is that dedicated wallet clients, whether they are desktop clients or mobile clients, charge you purely the network fees, and not whatever speculative fees like what online wallets are doing. You shouldn't forget that online wallet services (exchanges too) happen to 'tumble/mix' their coins all the time, and this moving coins back and forth costs them fees too, and thus have to charge people a higher than average fee for external transactions. I think it's time for people to get used to paying fees like all other users are doing, being stingy doesn't bring you anywhere. I get it that as per the coin to $ ratio the fees look high, but there is nothing that you can do to stop this. It's either you making use of a dedicated wallet client that lets you use lower fees, which results in lower priority transactions, or you have to keep searching for whatever alternative, which I'm not sure if there is in this case.


Title: Re: Xapo fees is too high.
Post by: 949miner on October 12, 2017, 09:16:45 PM
Has any of you noticed that Xapo has recently lowered their fees for moving funds? I tried to send some funds that i had on there (and i did not even noticed of that) and fees are less than $4 at the moment, and they were upto $12 a few weeks ago, is there a new feature in xapo? or this is just the changes that the first SegWit made? (that were not implemented on xapo i guess)
So i transfered my funds from xapo to another wallet for only $4


Title: Re: Xapo fees is too high.
Post by: tabas on October 12, 2017, 10:27:48 PM
Has any of you noticed that Xapo has recently lowered their fees for moving funds? I tried to send some funds that i had on there (and i did not even noticed of that) and fees are less than $4 at the moment, and they were upto $12 a few weeks ago, is there a new feature in xapo? or this is just the changes that the first SegWit made? (that were not implemented on xapo i guess)
So i transfered my funds from xapo to another wallet for only $4

I never noticed this and $4 is still quite high for us, that fee is still not applicable for lower transactions since it's quite crazy. Many they are changing their terms of fee because they noticed it then that many of their customers are backing out and just forgetting them like that they are no longer existing. Hoping for more changes in the future with xapo, I'm only against with their fees but their service is great.


Title: Re: Xapo fees is too high.
Post by: richardsNY on October 12, 2017, 10:52:58 PM
Hoping for more changes in the future with xapo, I'm only against with their fees but their service is great.

You have to understand that the services charging whatever fees are not in control of this. Ultimately, it's the demand for block space due legitimate usage, and spam attacks making the fees jump up and down heavily -- from there I wouldn't focus too much on lower Xapo fees. On the other hand, the fees aren't all that bad if you send large amounts. Example -- if you send $10 worth of Bitcoin, and you pay $4 in fees, it looks massive. If you send $1000 worth of Bitcoin, the $4 fee suddenly doesn't look all that bad anymore. That's why it's important to look at the situation from different angles.


Title: Re: Xapo fees is too high.
Post by: tabas on October 12, 2017, 11:00:25 PM
Hoping for more changes in the future with xapo, I'm only against with their fees but their service is great.

You have to understand that the services charging whatever fees are not in control of this. Ultimately, it's the demand for block space due legitimate usage, and spam attacks making the fees jump up and down heavily -- from there I wouldn't focus too much on lower Xapo fees. On the other hand, the fees aren't all that bad if you send large amounts. Example -- if you send $10 worth of Bitcoin, and you pay $4 in fees, it looks massive. If you send $1000 worth of Bitcoin, the $4 fee suddenly doesn't look all that bad anymore. That's why it's important to look at the situation from different angles.

They have the control on this thing look on how other web wallets are charging their users when sending bitcoin to other wallets. Others have choice of setting and adjusting the fee to lower or higher one that makes your transaction prioritize. That's what I'm saying that those fees aren't applicable for lower transactions since I'm not a person that deals with large amounts so that is just my concern.


Title: Re: Xapo fees is too high.
Post by: Hutalar on October 15, 2017, 03:30:10 AM
Agree i notice that too, the transactio was too high and that is the reason why i stop using this wallet, this is not good to those users who earn small amount of bitcoin like me big portion of our income will goes to fee and i hate that.

Their update is something that killed their entire business and their service also with their debit card now is limited to a certain area. You know what guys, I love xapo and it's one of the best web wallet for me and even until now I just really hate their fees and it's killing my small transactions especially when I was in mood to claim some satoshi's to different faucets. The sats that I'll be claiming their isn't enough just to pay the fee of each transactions, nothing is really free on this world.
And the even bad feature of them is that they also charge a fees on that amount which is incoming to xapo and is smaller according to their provided threshold. They are charging double type of fees. I also stopped using xapo for my needs and now I am using blockchain for my needs where I am able to put my own figure in the fees and with a lowest fees I get my transaction confirmed in some time.


Title: Re: Xapo fees is too high.
Post by: miguelmorales85 on October 15, 2017, 10:56:38 AM
I am definitely agians Xapo, I must recognize it was my first Bitcoin wallet back in the days of faucets web site and lotery but they changed. I do not know what happened but they start rising the fee and keeping all those transactions they labeled as "dust"
You know, to cover fees they have to steal form you those bits.
They are a global web site if they rob you satoshis, and they rob satoshis from 1 million more customers they will steal a lot of bitcoins.
I have banned them and now I have a negative opinion about them.
Dont use Xapo!


Title: Re: Xapo fees is too high.
Post by: FireXX on October 15, 2017, 10:01:19 PM
Before proceeding WARNING to all  : Avoid Xapo and Coinbase , they take over 200k satoshi to withdraw 350k satoshi
yes xapo fees is very high here is image of these high fees  i do not recommend xapo and coinbase due to over high fees  the standard fees is over 124000 satoshi which may be collected during a full year i think the industry of bitcoin my be affected by these over  high fees and people who want
to make some extra money well neglect bitcoin forever , please if someone have a solution to this untolerated higher fees to withdraw bitcoins
from any wallets
mage for withdrawal fees from xapo

https://s5.postimg.org/5eo5k6ryf/minerfessfroxapo.png


Title: Re: Xapo fees is too high.
Post by: katinko on October 16, 2017, 01:03:01 AM
Before xapo is one of the best wallet for me, i love this wallet before because it is very easy to used and the confirmation is very fast, and i do not experience any problem on this wallet, but when the transaction fee is continuous increasing all things getting worst for me and i stop it already because my earnings cut down due to transaction fee. Now i am looking for other wallet as alternative to received income to my other earning method.


Title: Re: Xapo fees is too high.
Post by: wuvdoll on October 18, 2017, 09:57:58 AM
Before xapo is one of the best wallet for me, i love this wallet before because it is very easy to used and the confirmation is very fast, and i do not experience any problem on this wallet, but when the transaction fee is continuous increasing all things getting worst for me and i stop it already because my earnings cut down due to transaction fee. Now i am looking for other wallet as alternative to received income to my other earning method.
It really was, they started out nice and all of a sudden they just lost it. And I can't really say the same any more. If you are looking for a very good wallet, I will advise you just move straight to a desktop wallet like exodus or electrum as they are decentralized.

However for online wallets, bolckchain.info really do have a good reputation. Now they provide 2 options for setting fees for out going tx. I choose "normal fee" (another one is high priority fee) most of the time and getting confirmations within 1 to 2 hours.


Title: Re: Xapo fees is too high.
Post by: carlfebz2 on October 18, 2017, 04:11:15 PM
Before xapo is one of the best wallet for me, i love this wallet before because it is very easy to used and the confirmation is very fast, and i do not experience any problem on this wallet, but when the transaction fee is continuous increasing all things getting worst for me and i stop it already because my earnings cut down due to transaction fee. Now i am looking for other wallet as alternative to received income to my other earning method.
It really was, they started out nice and all of a sudden they just lost it. And I can't really say the same any more. If you are looking for a very good wallet, I will advise you just move straight to a desktop wallet like exodus or electrum as they are decentralized.

However for online wallets, bolckchain.info really do have a good reputation. Now they provide 2 options for setting fees for out going tx. I choose "normal fee" (another one is high priority fee) most of the time and getting confirmations within 1 to 2 hours.
This is what I like on those lite wallets like electrum because you can set out a particular fee which would really suits you in depending on the situation on how fast you would like to be confirmed on such transactions. Coinbase and xapo now do really charged way too high and cant really be changed at all which if you do make micro transactions then you would really feel the pain on sending because fees are way too high.


Title: Re: Xapo fees is too high.
Post by: terrific on October 19, 2017, 07:03:44 AM
Before xapo is one of the best wallet for me, i love this wallet before because it is very easy to used and the confirmation is very fast, and i do not experience any problem on this wallet, but when the transaction fee is continuous increasing all things getting worst for me and i stop it already because my earnings cut down due to transaction fee. Now i am looking for other wallet as alternative to received income to my other earning method.

It surely was the best web wallet for me either, they are shouldering the fees so we are enjoying the free service coming from them. But everything has changed very quick, I never had any single problem with them too but we have to accept that they has the most fees right now. Blockchain.info is even cheaper today so most of us shift to it already, there's no other wallet that are cheaper with blockchain.info when it comes to the miners fee. If someone knows that has lower fee or has a fee lower than 0.00001-0.0001 BTC let us know.


Title: Re: Xapo fees is too high.
Post by: qubix on December 14, 2017, 02:13:16 AM
I just tried to send 0.00675585 BTC from XAPO over to some other wallet and they really want 0.00227715 BTC as a fee... wtf, that's a third!?!


Title: Re: Xapo fees is too high.
Post by: Hamaber on December 14, 2017, 10:56:29 AM
I just tried to send 0.00675585 BTC from XAPO over to some other wallet and they really want 0.00227715 BTC as a fee... wtf, that's a third!?!
Yes these are really high prices. Now you have only one chance that if you want to not to pay that much price in fees then wait for a time when the fees come to lower value.


Title: Re: Xapo fees is too high.
Post by: solarion on December 14, 2017, 04:36:15 PM
I just tried to send 0.00675585 BTC from XAPO over to some other wallet and they really want 0.00227715 BTC as a fee... wtf, that's a third!?!
Yes these are really high prices. Now you have only one chance that if you want to not to pay that much price in fees then wait for a time when the fees come to lower value.

Not only xapo you will find the fees as high price in every online wallet. That is the situation now and in blockchain wallet we finds the wallet fees is around 20 USD for each transaction.
You do not need to maintain your fund in the same wallet for long time instead of that you can transfer it desktop wallet or import the private key to the wallet to reduce the fees another transaction in these wallets.


Title: Re: Xapo fees is too high.
Post by: dustboy on December 14, 2017, 06:06:24 PM
I just tried to send 0.00675585 BTC from XAPO over to some other wallet and they really want 0.00227715 BTC as a fee... wtf, that's a third!?!

Which priority you take for this 0.0022xxx fee? Afaik there are two options on xapo that you can choose to send your transaction (standard and high). If it is the high priority then I think it is normal as most online wallet will ask around that amount for the transaction fee. I just tried to send my btc from mycelium wallet with high priority and it charges me 0.001btc for the fee but it charges 80k satoshi if I choose the normal/standard priority.
I think you should stop using xapo and move to other wallet.


Title: Re: Xapo fees is too high.
Post by: lossy on December 14, 2017, 06:17:01 PM
Why xapo transaction fees are too high? The current standard fee is around 0.00222938 BTC which it mean 6$. https://in.xapo.com/fees/
I don't know why it's too high like that. because according to https://bitcoinfees.21.co/
We can see: The fastest and cheapest transaction fee is currently 400 satoshis/byte, which it mean 90,400 satoshis.

I think it's just norml almost all btc wallet raise transaction fees together with pump of bitcoins but it really disturbing issue.


Title: Re: Xapo fees is too high.
Post by: tabas on December 14, 2017, 09:49:14 PM
I think it's just norml almost all btc wallet raise transaction fees together with pump of bitcoins but it really disturbing issue.

It's now normal for all wallets to have higher fees since the price is increasing so it is also affected. But before xapo is charging high fees even there's no congestion or any problem regarding the transactions. I don't use them anymore but one sure thing that they still charge higher fees now.


Title: Re: Xapo fees is too high.
Post by: richardsNY on December 14, 2017, 10:49:51 PM
But before xapo is charging high fees even there's no congestion or any problem regarding the transactions.

Online wallet services will always face a certain level of resistance when they force through changes. If they keep the lower fees, transactions will get confirmed slowly, resulting in people complaining. If they increase their fees to offer people faster confirmations, people complain that the fees are too high. In easy terms, regardless of what they do, it never gets appreciated by their users. Instead of complaining, people should install a mobile wallet client that only charges the required network fees, and from there save themselves some satoshis if that's so important for people.


Title: Re: Xapo fees is too high.
Post by: tabas on December 14, 2017, 11:26:51 PM
But before xapo is charging high fees even there's no congestion or any problem regarding the transactions.

Online wallet services will always face a certain level of resistance when they force through changes. If they keep the lower fees, transactions will get confirmed slowly, resulting in people complaining. If they increase their fees to offer people faster confirmations, people complain that the fees are too high. In easy terms, regardless of what they do, it never gets appreciated by their users. Instead of complaining, people should install a mobile wallet client that only charges the required network fees, and from there save themselves some satoshis if that's so important for people.

At least they should let their customers use the lower fees or higher priority. But I understand that they are a business and they need to take charges of every change that they are implementing. And to the people that are hoping that xapo will change their terms one day including the lower fees, don't hope for it mates.


Title: Re: Xapo fees is too high.
Post by: chris200x9 on December 17, 2017, 12:15:06 AM
I think it's just norml almost all btc wallet raise transaction fees together with pump of bitcoins but it really disturbing issue.

It's now normal for all wallets to have higher fees since the price is increasing so it is also affected. But before xapo is charging high fees even there's no congestion or any problem regarding the transactions. I don't use them anymore but one sure thing that they still charge higher fees now.

Yes, their charges are quite high compared to other online wallets even now. The sad part is they will give you just two options but you can't customize those options. Even after paying such a high fee you may need to wait for long to get your transactions confirmation. Overall if you're looking for only a wallet then it is better to avoid XAPO and use any desktop or blockchain wallet.


Title: Re: Xapo fees is too high.
Post by: maikama on December 18, 2017, 05:08:35 AM
My wallet xapo have 0.00155786 btc (~30$). Now I only use blockchain Wallet so I want to sale 0.00155786 btc at price 18$ paypal, you know fee to transfer btc go out of xapo is so high. Anyone interested please contact me, my id skype: maikama3 or Facebook https://www.facebook.com/fewwwwwwwwwwwwz


Title: Re: Xapo fees is too high.
Post by: MinerHQ on December 20, 2017, 03:15:48 AM
My wallet xapo have 0.00155786 btc (~30$). Now I only use blockchain Wallet so I want to sale 0.00155786 btc at price 18$ paypal, you know fee to transfer btc go out of xapo is so high. Anyone interested please contact me, my id skype: maikama3 or Facebook https://www.facebook.com/fewwwwwwwwwwwwz

Hello,

If you're interested then I can take your funds into my XAPO account at $18 ($30 bitcoins, if bitcoin price goes down then my price will be different) but you also need to pay the PayPal transaction fee as well because I can't send money as family and friends from PayPal. I don't like to do a deal on skype so I sent you a personal message on this forum so if you're interested then let me know and I can help you on this matter.


Title: Re: Xapo fees is too high.
Post by: maikama on December 20, 2017, 04:38:04 AM
Hi, Thank you for your interest. I will agree with you when the bitcoin price increases again, a bit, now its price is really low. :(


Title: Re: Xapo fees is too high.
Post by: maikama on December 20, 2017, 04:48:43 AM
My wallet xapo have 0.00155786 btc (~30$). Now I only use blockchain Wallet so I want to sale 0.00155786 btc at price 18$ paypal, you know fee to transfer btc go out of xapo is so high. Anyone interested please contact me, my id skype: maikama3 or Facebook https://www.facebook.com/fewwwwwwwwwwwwz

Hello,

If you're interested then I can take your funds into my XAPO account at $18 ($30 bitcoins, if bitcoin price goes down then my price will be different) but you also need to pay the PayPal transaction fee as well because I can't send money as family and friends from PayPal. I don't like to do a deal on skype so I sent you a personal message on this forum so if you're interested then let me know and I can help you on this matter.
Or I can sell it with price 16$ by paypal now. Contact to me if you interested :)


Title: Re: Xapo fees is too high.
Post by: ericmalik on December 21, 2017, 12:02:36 PM
 I have stopped using Xapo as a bitcoin wallet .Though their fee structure provides for both standard priority fee and high priority fee and they say the fee doesn't go to them but I doubt if they don't keep some fraction of it plus the fee is applied on incoming transactions now.


Title: Re: Xapo fees is too high.
Post by: AngelSky on December 21, 2017, 08:14:42 PM
I have stopped using Xapo as a bitcoin wallet .Though their fee structure provides for both standard priority fee and high priority fee and they say the fee doesn't go to them but I doubt if they don't keep some fraction of it plus the fee is applied on incoming transactions now.


Hey use it this is an issue for all the wallet user. You may find comparatively all the wallet providers consumes the same fees for the transaction. So you can get the transaction saved in one wallet.
And then when you want to sell it out that time you will find same fees for the amount you transferred high. After hard fork you may find the bump also in the chart.


Title: Re: Xapo fees is too high.
Post by: sunsilk on December 22, 2017, 05:27:08 AM
I have stopped using Xapo as a bitcoin wallet .Though their fee structure provides for both standard priority fee and high priority fee and they say the fee doesn't go to them but I doubt if they don't keep some fraction of it plus the fee is applied on incoming transactions now.
Maybe they are telling the truth or maybe not. It's their own rule and they can do whatever they want when it comes to ruling out on what's going to be the best for their company.

We can't blame them if they had to implement this early and look on where are we now, every wallet that we use is charging high fees so there's no exemption to this incident.

Still waiting for them to modify their fee structure so that I can enjoy using them again.


Title: Re: Xapo fees is too high.
Post by: Butters on December 24, 2017, 05:00:55 AM
I am completely disgusted with this damned company XAPO

Trying to withdraw  0.02927776 btc, and they are charging me as "mining fee" 0.005376 btc !

Over 75+ U$d  in mining fees, motherfuckers!


Title: Re: Xapo fees is too high.
Post by: chris200x9 on December 24, 2017, 07:30:49 AM
I am completely disgusted with this damned company XAPO

Trying to withdraw  0.02927776 btc, and they are charging me as "mining fee" 0.005376 btc !

Over 75+ U$d  in mining fees, motherfuckers!

Just I checked to withdraw funds and the standard fee has been increased to 0.006675 BTC which is almost equal to $100. If you choose high priority option then you need to pay even higher than that amount. I understood currently a lot of pending transaction in blockchain but these fees are too much and no way it is good for smaller amount transactions.


Title: Re: Xapo fees is too high.
Post by: Pujangga on December 24, 2017, 06:22:38 PM
I am completely disgusted with this damned company XAPO

Trying to withdraw  0.02927776 btc, and they are charging me as "mining fee" 0.005376 btc !

Over 75+ U$d  in mining fees, motherfuckers!

Just I checked to withdraw funds and the standard fee has been increased to 0.006675 BTC which is almost equal to $100. If you choose high priority option then you need to pay even higher than that amount. I understood currently a lot of pending transaction in blockchain but these fees are too much and no way it is good for smaller amount transactions.

Yes it's true, and I think it's unnatural, the transaction costs up to more than $ 100, and I'm happy because I've withdraw all the bitcoins from Xapo a week ago when shipping costs around 0.0025 btc, whereas with blockchain it costs only about 0.0002 btc or only 10%.


Title: Re: Xapo fees is too high.
Post by: drmarcobelli on December 24, 2017, 11:23:19 PM
They'll probably update to segwit in 1st Q of 2018.
So, lower fees, maybe.


Title: Re: Xapo fees is too high.
Post by: massziri on December 26, 2017, 06:07:09 PM
WAW! I have been smaked too, this is not natural, I wanted to buy 0.0032 BTC of NEM from Changelly and XAPO said that they charging me 0.0038 BTC fees, hahahaha, wtf!!!??? Is this a dream or what ? so I should have a lot of Bitcoins to be able to do something here with this scammers ? I didn't know that before and I just have a small amount of 0.05 BTC, I worked so so hard for it within years!!! really Disgusting!!!


Title: Re: Xapo fees is too high.
Post by: greatfariola on December 26, 2017, 10:45:53 PM
I think it's quote common in all wallets. Fees are high because of the high congestion in the mem pool.


Title: Re: Xapo fees is too high.
Post by: Macadonian on December 27, 2017, 07:32:14 PM
I think it's quote common in all wallets. Fees are high because of the high congestion in the mem pool.
It's common to pay a higher fee right now due to the congestion but not as high as xapo is requesting you to send. They aren't giving you the correct fees. You can send much lower and get it confirmed in an acceptable time.


Title: Re: Xapo fees is too high.
Post by: Taki on December 29, 2017, 09:00:08 PM
I have found a way to escape all those high fees. Pay the lowest fee as possible and user bitcoin transaction accelerator for free, there are a lot of suggestions on Services section. In another case the transaction will take few days. ;)


Title: Re: Xapo fees is too high.
Post by: LTU_btc on December 30, 2017, 12:32:26 AM
I have found a way to escape all those high fees. Pay the lowest fee as possible and user bitcoin transaction accelerator for free, there are a lot of suggestions on Services section. In another case the transaction will take few days. ;)
That method wouldn't work on Xapo. You can't customize fees on Xapo, you can only choose between standard fee (which is way to big) and even bigger fee if you need to make high priority transaction.
No I have few bucks still left on Xapo, and I don't have idea how to send it out from Xapo :/
And why people are still using Xapo while there are enough much better wallets???


Title: Re: Xapo fees is too high.
Post by: msmaika1 on January 30, 2018, 09:47:58 AM
fee so high, hope they will fix :(


Title: Re: Xapo fees is too high.
Post by: Sate Jamu on January 30, 2018, 03:36:01 PM
I have found a way to escape all those high fees. Pay the lowest fee as possible and user bitcoin transaction accelerator for free, there are a lot of suggestions on Services section. In another case the transaction will take few days. ;)

I do not find this, when I want to send bitcoin there are only 2 cost options that is standard and priority, and I think Xapo cost is still reasonable, if we send bitcoin in large quantity then better and safer to use fee higher than low fee but need long time.


Title: Re: Xapo fees is too high.
Post by: panjul07 on January 30, 2018, 03:54:26 PM
fee so high, hope they will fix :(

Based on their fees page, the standard fee is around 10k satoshi ($1+) and the high priority is around 35k satoshi ($3.7). I do not think it is so high, it is normal IMO. If we compare it with https://bitcoinfees.info then xapo is a bit cheaper.
You should check their latest fees first here https://in.xapo.com/fees/


Title: Re: Xapo fees is too high.
Post by: bhadz on January 30, 2018, 04:27:26 PM
I do not find this, when I want to send bitcoin there are only 2 cost options that is standard and priority, and I think Xapo cost is still reasonable, if we send bitcoin in large quantity then better and safer to use fee higher than low fee but need long time.
Xapo is still reasonable for those people that has a lot of bitcoins to hold and enjoying their other service not only for being a wallet. What's good news now is that the fees base on https://bitcoinfees.earn.com/ are now down to 200 sats/byte.
Based on their fees page, the standard fee is around 10k satoshi ($1+) and the high priority is around 35k satoshi ($3.7). I do not think it is so high, it is normal IMO. If we compare it with https://bitcoinfees.info then xapo is a bit cheaper.
You should check their latest fees first here https://in.xapo.com/fees/
$1 per transaction at standard priority is an affordable one while with high priority its high at $35.


Title: Re: Xapo fees is too high.
Post by: chris200x9 on January 31, 2018, 10:02:48 AM
fee so high, hope they will fix :(

Based on their fees page, the standard fee is around 10k satoshi ($1+) and the high priority is around 35k satoshi ($3.7). I do not think it is so high, it is normal IMO. If we compare it with https://bitcoinfees.info then xapo is a bit cheaper.
You should check their latest fees first here https://in.xapo.com/fees/


Based on that fee page the standard fee is around 53K+ not 10K. I also logged into my account and verified just now the standard fee is around 55K satoshi and which is around 5.5$. Which is still not that high if you send a big amount.

But last month when bitcoin network was crowded that time their standard fee was around $100. Now bitcoin prices also came down so we see less fee in terms of dollars.


Title: Re: Xapo fees is too high.
Post by: 1Referee on January 31, 2018, 12:38:20 PM
But last month when bitcoin network was crowded that time their standard fee was around $100. Now bitcoin prices also came down so we see less fee in terms of dollars.

Huh? Bitcoin's highest network fee was just over 0.0025BTC which basically means like $50-$60 in fiat at the highest point, so I'm not sure whether you have miscalculated something, or that Xapo itself thought it would need to ask for that much in fees. Either way, good thing is that they make use of dynamic fees that change based on how congested the network is. It should prevent people from having any sort of legitimate complaints towards Xapo regarding network fees. Xapo however is infested with small scale users and faucet/bounty farmers (especially in their free external transactions period), so these unfunded complaints will likely remain chasing after Xapo for ever.


Title: Re: Xapo fees is too high.
Post by: panjul07 on January 31, 2018, 01:33:20 PM
fee so high, hope they will fix :(

Based on their fees page, the standard fee is around 10k satoshi ($1+) and the high priority is around 35k satoshi ($3.7). I do not think it is so high, it is normal IMO. If we compare it with https://bitcoinfees.info then xapo is a bit cheaper.
You should check their latest fees first here https://in.xapo.com/fees/


Based on that fee page the standard fee is around 53K+ not 10K. I also logged into my account and verified just now the standard fee is around 55K satoshi and which is around 5.5$. Which is still not that high if you send a big amount.

But last month when bitcoin network was crowded that time their standard fee was around $100. Now bitcoin prices also came down so we see less fee in terms of dollars.

Dont you know that their fee fluctuates depending on the blockchain network? I said it is 10k sat because at the time I wrote it, that's what I see on their fees page. That's why I ask him to check the fees page to make sure about the amount charged for the fee as it is continuously changing.
Are you sure that it was $100 last month? My biggest amount that I need to pay last month is 0.003btc (around 950sat/byte), if the price was 18k then my fee was around $55.


Title: Re: Xapo fees is too high.
Post by: newwest on January 31, 2018, 03:29:37 PM
I think it's quote common in all wallets. Fees are high because of the high congestion in the mem pool.
It's common to pay a higher fee right now due to the congestion but not as high as xapo is requesting you to send. They aren't giving you the correct fees. You can send much lower and get it confirmed in an acceptable time.

It is now a matter of time where paying high fees for transferring within different wallets will go away now. Once people starts using the lightning network than automatically the network load on mempool will reduce drastically and thus transferring will be done at lower fees.


Title: Re: Xapo fees is too high.
Post by: chris200x9 on February 01, 2018, 02:08:48 AM
fee so high, hope they will fix :(

Based on their fees page, the standard fee is around 10k satoshi ($1+) and the high priority is around 35k satoshi ($3.7). I do not think it is so high, it is normal IMO. If we compare it with https://bitcoinfees.info then xapo is a bit cheaper.
You should check their latest fees first here https://in.xapo.com/fees/


Based on that fee page the standard fee is around 53K+ not 10K. I also logged into my account and verified just now the standard fee is around 55K satoshi and which is around 5.5$. Which is still not that high if you send a big amount.

But last month when bitcoin network was crowded that time their standard fee was around $100. Now bitcoin prices also came down so we see less fee in terms of dollars.

Dont you know that their fee fluctuates depending on the blockchain network? I said it is 10k sat because at the time I wrote it, that's what I see on their fees page. That's why I ask him to check the fees page to make sure about the amount charged for the fee as it is continuously changing.
Are you sure that it was $100 last month? My biggest amount that I need to pay last month is 0.003btc (around 950sat/byte), if the price was 18k then my fee was around $55.

Yes, at one time it was even slightly more than $100.

I know their fee always fluctuates but never expected that their transaction fee will go to so less and that's why I was a bit shocked after looking at 10K sat fee for the transaction from XAPO wallet.


Title: Re: Xapo fees is too high.
Post by: jossiel on February 01, 2018, 03:17:10 PM
It is now a matter of time where paying high fees for transferring within different wallets will go away now. Once people starts using the lightning network than automatically the network load on mempool will reduce drastically and thus transferring will be done at lower fees.
Well see it when lightning network has been implemented but the question is how will xapo take the adoption?

The fees now are quite lowered at 190sats/byte while bitcoin is also getting lower but before when the fees are even cheap xapo did took their initiative of taking up their own fee.

And that can happen too even lightning network is activated.