Bitcoin Forum

Hello,

If I send money from 1 address in my wallet to another address in my wallet, do I still incur fees, or can I send them without any fees and if so, how?

Yes, you will still incur fees to move coins from one address to another address. It does not matter if the addresses are in the same wallet or in different wallets.

The blockchain has no record of what wallet an address belongs to... as technically, an address does not even need to be in a "wallet"... being in the same wallet does not create any sort of link between addresses. The only way to move coins from one address to another is to put a transaction into the blockchain that reflects this movement of coins... and the only way to get a transaction into the blockchain is to pay fees (or be REALLY good friends with a miner :P)

Ok, so if I dont mind waiting a little bit of time, I could make the fees low to save money?

You could try that. Just make sure not to use a fee sooooo low that your transaction never confirms.

You can use the following site to see current "acceptable" fees and how much time each fee will take to confirm your transaction.
https://bitcoinfees.21.co/

Yes, you can. Your fee could confirm even if its extremely low but I would recommend to use at least 0.0002BTC/KB. You can set it in Tools>Preferences and uncheck use dynamic fee and set the max fee to be at 0.0002BTC/KB. At the send page, you have to ensure that the "Replaceable" box is checked. Once you've sent, PM me the TXID and I'll see if I can accelerate it.