Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: TitanAI on March 06, 2018, 12:30:52 PM



Title: Bitcoin withdrawals now with 50% Off ?
Post by: TitanAI on March 06, 2018, 12:30:52 PM
Bitcoin is pretty cheap to send right now – cheaper than ethereum in some instances. It’s currently around 10 satoshis per byte to send BTC, which works out at approximately 30 cents for a typical transaction. Many bitcoin users only send cryptocurrency when withdrawing it from an exchange, however, to a wallet they control or to another exchange. And with cryptocurrency exchanges setting their own fees, the recent cost savings haven’t filtered through to users. Can anyone confirm this is true?


Title: Re: Bitcoin withdrawals now with 50% Off ?
Post by: mk4 on March 06, 2018, 12:36:40 PM
Bitcoin transaction fees are definitely a lot cheaper now due to the blockchain now not being congested(currently only at 6900 Unconfirmed Transactions[1]) and due to the increase in segwit adoption[2].

And yes, exchanges have their own withdrawal fees, and we can do nothing about it. Fortunately though, exchanges have been decreasing the withdrawal fees due to the decrease in transaction fees and times.


[1] https://blockchain.info/unconfirmed-transactions
[2] http://segwit.party/charts/


Title: Re: Bitcoin withdrawals now with 50% Off ?
Post by: sashulya7979 on March 06, 2018, 12:42:54 PM
There are on all sites of the birk discount for the output of bitcoin, I saw it but did not check it. Therefore, I will look at the answers of other users a very interesting topic.


Title: Re: Bitcoin withdrawals now with 50% Off ?
Post by: TitanAI on March 08, 2018, 03:30:40 PM
There are on all sites of the birk discount for the output of bitcoin, I saw it but did not check it. Therefore, I will look at the answers of other users a very interesting topic.

It is indeed a very interesting subject, I wish we would get more information from skilled users on this topic.


Title: Re: Bitcoin withdrawals now with 50% Off ?
Post by: Crypdon on March 08, 2018, 05:28:36 PM
That sounds good, there were a lot of complaints late last year about the high cost of transactions fees, i think this was pushing people to use litecoin instead for payments. New lower fees is one step closer to the goal, the next step is to speed up the confirmations - then it will be usable for purchasing