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Title: Localbitcoins serving the bitcoin community Post by: farhaan on December 25, 2017, 12:54:57 PM Hi, today i sent 0.01 btc from my electrum wallet to localbitcoin wallet.I was only able to send it when i set a fee of 0.0004 BTC.Then localbitcoins charged me an incoming fee :o :o :o of 0.00162 BTC.I was shocked to see the fee.So,totally i have spent 0.002 BTC for transferring 0.02 BTC.
That's almost 10% :o :o :o of the total amount sent. I think that if satoshi is still alive and see this,he would even die out of a cardiac arrest. :( :( :( Title: Re: Localbitcoins serving the bitcoin community Post by: Laregrell on December 25, 2017, 02:04:16 PM Hi, today i sent 0.01 btc from my electrum wallet to localbitcoin wallet.I was only able to send it when i set a fee of 0.0004 BTC.Then localbitcoins charged me an incoming fee :o :o :o of 0.00162 BTC.I was shocked to see the fee.So,totally i have spent 0.002 BTC for transferring 0.02 BTC. That's almost 10% :o :o :o of the total amount sent. I think that if satoshi is still alive and see this,he would even die out of a cardiac arrest. :( :( :( they use high fee to make sure transaction will confirmed before 24 hour end. good fee is 910 satoshis/byte so that you find it high. source https://bitcoinfees.earn.com (https://bitcoinfees.earn.com) Title: Re: Localbitcoins serving the bitcoin community Post by: niotib on December 25, 2017, 02:19:11 PM There's no fee between localbitcoins accounts... take advantages of that. Last day, I paid to lbc account holder in dogecoins (transaction fee was 2 doges :-*) and got back in Bitcoins. You need to use gimmicks like this when it using btc for small transaction.
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