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Title: Question about Bitcoin network fees (Sending BitPay BTC to another exchange) Post by: goatapple on December 02, 2017, 03:02:02 PM I plan to use BitPay to process bitcoin payments from customers and I have my BitPay account set to automatically send Bitcoin to my wallet on an exchange called "quadrigacx.com" which will then automatically sell the Bitcoin for fiat.
I am wondering if I will have Bitcoin network fees during this process that reflects in my balance when it arrives at the quadrigacx.com exchange. Thanks for any info! Title: Re: Question about Bitcoin network fees (Sending BitPay BTC to another exchange) Post by: European Central Bank on December 02, 2017, 03:05:10 PM yes. and bitpay will load some hefty ass fees on you too. they're not being helpful when it comes to implementing segwit and they're slow to react to fee changes, but staying on top of them would be a full time job.
if bitpay aren't handling the fiat end of things then there must be better options out there with more control over fees. fiat is the main reason to use them. Title: Re: Question about Bitcoin network fees (Sending BitPay BTC to another exchange) Post by: goatapple on December 02, 2017, 03:18:20 PM yes. and bitpay will load some hefty ass fees on you too. they're not being helpful when it comes to implementing segwit and they're slow to react to fee changes, but staying on top of them would be a full time job. if bitpay aren't handling the fiat end of things then there must be better options out there with more control over fees. fiat is the main reason to use them. Wow really. I didn't know they hit their merchants THAT hard.. I was looking at Coinpayments.net their fee is 0.50% + TX Fee of 0.00070000 BTC Do you know of any other payment processors? |