Bitcoin Forum

Other => Beginners & Help => Topic started by: bitnug333 on October 14, 2014, 01:14:59 AM



Title: About having several wallets and the transfer fees
Post by: bitnug333 on October 14, 2014, 01:14:59 AM
Site X will make small transactions of bitcoins to several of my wallets, these wallets have to be different, cannot be the same.
The thing is, once i recieve this amounts i'll have bitcoins scaterred in several wallets, but if i send them to my main wallet, the fees will be too high, so its pointless.
So the bottom line is, is there a way or service that will allow me to collect this small amounts from these wallets without losing too much with fees?
Maybe there is somo sort of proxy wallet or service that im not aware off?
Thanks in advance!


Title: Re: About having several wallets and the transfer fees
Post by: Foxpup on October 14, 2014, 01:50:24 AM
Site X will make small transactions of bitcoins to several of my wallets, these wallets have to be different, cannot be the same.
Why? I smell an X-Y Problem (http://mywiki.wooledge.org/XyProblem).


Title: Re: About having several wallets and the transfer fees
Post by: szmarco on October 14, 2014, 02:31:07 AM
It's easy ,my friend.
Input all your several address to blockchain.info or any wallet software. Then you make a tx to trasfer all coins in these address to your main wallet with very few fee as you like. the fee can defined by youself.


Title: Re: About having several wallets and the transfer fees
Post by: bitnug333 on October 14, 2014, 02:57:54 AM
It's easy ,my friend.
Input all your several address to blockchain.info or any wallet software. Then you make a tx to trasfer all coins in these address to your main wallet with very few fee as you like. the fee can defined by youself.

Thank you, i had no idea you could do that, im still very ignorant with bitcoin. I created several input adresses in multibit now, its solved.
=)


Title: Re: About having several wallets and the transfer fees
Post by: bitnug333 on October 14, 2014, 05:12:47 AM
Site X will make small transactions of bitcoins to several of my wallets, these wallets have to be different, cannot be the same.
The thing is, once i recieve this amounts i'll have bitcoins scaterred in several wallets, but if i send them to my main wallet, the fees will be too high, so its pointless.
So the bottom line is, is there a way or service that will allow me to collect this small amounts from these wallets without losing too much with fees?
Maybe there is somo sort of proxy wallet or service that im not aware off?
Thanks in advance!

When you write "wallet", I assume you mean "address" because site X can't tell if two addresses are in the same wallet.

If that is true then there is no issue. You don't have to store all of your bitcoins in one address. A wallet can have many addresses and a transaction can send and receive using many addresses. Your wallet handles the details for you. All you need to do is create extra addresses in your wallet.


Yes, i meant to say adress, at first i thought you could only have 1 adress per wallet, but fortunatelly i was wrong, its all clear now!