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Bitcoin => Bitcoin Discussion => Topic started by: SHARKOIN on December 19, 2017, 07:02:05 PM



Title: BTC wallet who split fees?
Post by: SHARKOIN on December 19, 2017, 07:02:05 PM
Hello everybody!

A short question, sorry if this was already a posting in the past but I did not found
an answer to this so far.

BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

Is there a BTC wallet who offers that?
Like which would charge the user a % of the overall transfer fee
of a mass payment?

Thank you very much for your help!

Best regards
David


Title: Re: BTC wallet who split fees?
Post by: jlanzago on December 19, 2017, 07:23:42 PM
In Electrum wallet you can do a transaction with several outputs. I think this can be useful for your needs, please do read their documentation for that. You can even import CSV file of addresses if you ned to.


Title: Re: BTC wallet who split fees?
Post by: lite on December 19, 2017, 07:45:22 PM
Hello everybody!

A short question, sorry if this was already a posting in the past but I did not found
an answer to this so far.

BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

Is there a BTC wallet who offers that?
Like which would charge the user a % of the overall transfer fee
of a mass payment?

Thank you very much for your help!

Best regards
David
I think there's no such service or wallet that let's you send mass payment and cut down on your fees. you can do mass payment with electrum(will cost a lot) like the above my post suggests.


Title: Re: BTC wallet who split fees?
Post by: phelbaby on December 19, 2017, 07:57:12 PM
I guest your talking about bulk transactions,i have not have of such,and if the exchange introduce such how will they make there profit.This is business just bear the high fee and know that there is no shot cut this.


Title: Re: BTC wallet who split fees?
Post by: SHARKOIN on December 19, 2017, 08:17:42 PM
Thanks phelbaby

Well, it's super simple to create mass payments with an API.
That's not what I'm looking for.

I know that there are wallet providers like holytransaction
where users have a fixed address but transfers out are made
from an address from holytransaction.

What they then do is offer like a flat fee of 5$ for example for a transfer
Then they send 50 of them in one bulk transfer with a total fee of 250$

That can be especially at current times very beneficial.

So ones again, I'm not looking for a solution for me or us,
I'm looking for a solution for normal users.

Pretty sure there is a solution out there


Title: Re: BTC wallet who split fees?
Post by: AltcoinAuthority on December 20, 2017, 10:49:50 PM
Hello everybody!

A short question, sorry if this was already a posting in the past but I did not found
an answer to this so far.

BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

Is there a BTC wallet who offers that?
Like which would charge the user a % of the overall transfer fee
of a mass payment?

Thank you very much for your help!

Best regards
David
Wait till the lightning network comes available so you can send fast transactions and not get stuck in the 200,000 unconfirmed transaction situation.


Title: Re: BTC wallet who split fees?
Post by: chuckblocker on December 20, 2017, 10:54:24 PM
localbitcoins wallet does that, friend pays 4 @ 500sat/byte vs my 35$ @ 500 sat./byte blockchain.info

his wallet splits fees and sends more payments at once