Bitcoin Forum

I keep reading threads about how BTC price will reach $5k in 2 years or $11k in 3 years. If this happens, I know we ll all be very happy. However, if this happens, we should all immediately start collecting every satoshi we can starting with BTC transaction fees.

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.

Please share your experience.

Thx

I don't understand what you mean. Why do you want to have any coins in online exchanges anyway? they aren't safe. You should keep your coins in your local wallet. Ideally Bitcoin Core so you are running a node and helping segwit, and you also have coin control, and control the fee, even tho recommended fee is recommended, or you risk it getting stuck.

I dont really understand your question anyway.

Well, I don't think you can get both "cheap" and "fast" because the higher the fees are, the faster the transaction will get confirmed. I use btc.com and I'm really satisfied, my transaction always go through fast enough and I consider the fees are not that high (never paid anything more then 0.0005 BTC) but again everything is based on the calculations done on the size of the transaction.

Bitgo is not accepted everywhere and they charge standard % fee on transaction so to send bigger amount you will end up paying very high fee than in normal bitcoin transaction of same amount of bitcoin.

I am currently using blockchain.info wallet (both mobile and web) and i can set fees to whatever i want.

I think blockchain wallet is the best in my opinion and not too big to make my transaction fee

If you search for online wallets then there are some all over the world with more or less same features. You can get the more complete comparison table I found in the web here (https://www.cryptocompare.com/wallets/#/overview). In addition I would like to mention that transaction fees are completely independent from you wallet. Inputs and outputs like as network overload are some factors that affect the fees. A very good guide about the calculation of the fees and the frequent problem about unconfirmed transactions can be found in the forum. (https://bitcointalk.org/index.php?topic=1776194.0)

In Blockchain wallet you can set lower transaction fees, let say 0.0001 BTC in manual, BTC transfer will arive in ~ 24 hours. So this is easy and simple way how to avoid transaction fees.

It's not like they are going to pay the fee for you, low transaction fees is a feature of most web wallets, I'm sure when price reaches $5k we'll no longer need to pay any more than 0.00005 or 0.0001 it's not about the data any more and is about the exchange price. blockchain.info is one of the best ones.

if bitcoin could reach the price such as you says i think i would not have a problem with the fees even though will more high rather than now but currently my options still for blockchain even not the best online wallet but i felt comfortable using this wallet

I too feel comfortable using blockchain.info wallet. To my view it has got the lowest transaction fee as well the fastest confirmation than other online web wallet. These days bitcoins confirmation is taking place unlike the wallet service provider.

I have been using a wallet as of now which charges a flat rate for the month or the year depending on how much you use it, would justify the price and length of the plan you pay for (in bitcoin by the way ;) ).
Do as many transactions as you want for free for $9.95 a month is a pretty sweet deal if you do a crap load of sending with in a month.
I haven't did the yearly thing because it is after a web wallet so as everyone knows you don't hold alot of coins in these things thus do not rely on it and a with in a year from now they could be gone before the subscription term ends. :-\

Ok, blockchain info s been number 1 for most of the people as it seems.

I was talking about my spending wallet, main stash s always offline.

For me Coinbase works. You can do entirely free transactions with Coinbase. And the most fascinating part, transactions get confirmed within an hour.
Blockchain is good too. With fees approx. 0.0003~ transactions go on speedy mode. And if btc goes to $10k, we would surely see decrease in fees!

I've been using blockchain.info for more than a year now and pretty happy with it. Never tried Coinbase, but it sounds interesting. So you say one can make an entirely free transaction with it, but what are the conditions? Small amount of BTC? And when you say free, you mean no fees at all, no nothing?

Coinbase is the one of the fews that doesn't charge any fees. It's supported by them. Never understood why they take the fees in charges. Cryptopay as well.
I prefer to use Coinbase for small transaction and Cryptopay when i want the cash in hands and use the deebt card I own from them

I hold my bitcoins on Blickchain online wallet, but all procedure of cashing out my bitcoins takes around 10%. I really loose a lot now and with higher price it's gonna be higher money. So I'm also would like to find a way for myself with lower fees as possible.

I know what you're talking about. That's why I always cash out as little as possible. Not only because of the fees, but because BTC price is rising and if you take your money out, you cut yourself of future profits and I don't like that. But if has nothing to do with Blockchain.info and its fees

I love https://coinb.in. It gives me full control of whatever I do.

Coinbase is completely free online bitcoin wallet. Yeah, they have many haters because they don't give your private keys, they don't allow gambling related transactions and also may ask for identity verification. Oh, I also forgot to mention Xapo, it works similar like Coinbase, but as I know they allow gambling related transactions. But their support is slow. These wallets are only options if you want to save some btc on transaction fees.
I didn't used many other online bitcoin wallets recently. But mostly of them have quite similar fees.
You have to pay fees if you want fast transaction.

How is it possible there s an online wallet completely without transaction fees? Who pays fees then?

My first wallet was capo, and they still don't have any fees as I know. I recommend xapo to everyone, they are online for years, they don't have issues, they have debit cards if you need that. If you wish online wallet without any fees, and good protection xapo is wallet for you. I dont recommende anyone to store millions there, but for everyday transactions this wallet is alright.

These seevices pays fees for users. They can covee it by their paid services like exchange, debit cards and so on.

What are the fees associated with sending bitcoin from address to address?
Just like blockchain.info?
If you have full control then you should be able to specify what transaction fee you wish to put on each of those sends am I correct?

i think i don't take too much attention with the fees because if we send 1 bitcoin for example, the fees is not much and not big as we can think and we can get fast transaction with that fee. if we send 0.001 btc, i think the fees is not high too and its still in 0.000xxx btc, the low fees that you want to used, then you might get slower confirmation in the network and i think it is better to use normal fees or more than normal fees when you want to send your bitcoin so you don't need to waiting too long to get completed confirmation. with the fee 0.0005 btc, i think you have to waiting an hour or more to gets confirmed transaction in the network so it is still low fees i think.

Coinbase is not asking for fee for every transaction this is what i experience but its not safe because why they are not asking for the fee its very shaddy. well they are profiting in buying bitcoin and selling but i heard before that they are halving problems about transaction before last month..
But fix after february..
And they have bitlicence according to their blog..

You dont take much attention now but what if BTC reaches $10k. In my time using crypto, I ve probably sent thousands of transactions. Have I reached, 0.3 BTC in fees for example? Possible. That ll be $3K, according to that calculation. Would like to waste that kind of money?

Right now I'm using coinbase and the xapo, things that make me happy are free of charge. I have used several web wallet such as blocktrail and coin space but I leaved because the fee is huge for me.

You shouldn't be fooled by this because It's a way to attract users but we all know the consequences later, you won't have control over your private keys, your account can be frozen and not to mention the issues they are facing with the IRS at the moment. It's definitely something to avoid, I prefer paying some fees rather then losing everything I have.

blokchain.info is big sending fee, and blockchain often problem
if sending fee in blockchain you can setting, confimation is very long time and sometime not confirmation, but without setting, sending fee is very big

the best bitcoin wallet if use dekstop wallet, electrum, bitcore or multibit

Yeah, Electrum is good, but we're talking about online wallets here

I too use XAPO wallet and their card to withdraw money from ATM's for the last couple of years, and so far it is quite good and never had any issues. But they limit each maximum withdrawal amount to around $200 USD even after verifying all the documents and feel the charges are slightly higher side to withdraw money from ATM. As you said, it is good for regular usage and now if you want to do a transaction less than 0.01BTC then it takes quite some time to confirm transactions.

I use xapo either and the good thing about xapo is that smaller transactions has the only ones with fees. But if your transaction is higher than 0.001 BTC then you are safe to be deducted. It is what I'm using now and I can say that I'm very satisfied for having no fees. And I can say that this is the one of the best for me because of it.

The best wallet I've used so far is Electrum. I know it's a desktop wallet, but it's just the only one that's got the lowest fees. Why? Because the tx size turns out lower compared to web wallets. I don't really get the specifics on why that is. [1 input, 1 output = 190bytes]

As for web wallets, I've used coinbase for years, but have moved away from it. I just get nervous whenever I use it.
Same with blockchain.info.
The ones that I prefer using now are the blocktrail wallet and greenaddress.
It's safer, but I still end up paying more fees compared to electrum. A transaction that's got 1 input and 1 output is about 300-400 bytes range. Dunno why. :(

blockchain.info for me, we have control on our private keys but it is better if you can use a desktop wallet. It'll give us secure transaction. I prefer Coinbase, Xapo and/or HaoBTC for fees-less as they'll pay the tx fees behalf of us.

But not full control, blockchain is indeed nice, but I never experienced a long transaction up to 100 hours to reach 2 confirmations. I think, a good and quick wallet is coinbase, the speed can not be disputed again and fee is free.

the best online bitcoin wallet about sending fee is still xapo and coinbase

I think Coinbase is the only online wallet not charging any fees. I guess they make their money from people buying and selling. I wonder if it can come too a point where supporting all the fees can be so huge for them. Pretty sure it will change soon or later

They are not the only that doesn't charge fees but xapo is another online wallet that doesn't charge fees only if your transaction is not small. Because their regulation is that they will be charging small transactions but I guess it is just applicable for faucet claimers. It's indicated in their site.
https://in.xapo.com/fees/

It is possible for Xapo as they are processing the out going transactions as staged. Your sending out transaction will get processed immediately as it will be pooled and grouped with other user's transaction and will get processes as one single tx. This way they are saving with tx fees.

I believe that they must be still into their promotion periods. In future they might have plans to show us advertisements like what we have with blockchain.info services.

But now xapo has a limit to the amount of a transaction (about 0.0004 BTC) and you can't earn from faucets anymore as the received amount is zero then. Coinbase too has such a restriction for outgoing transactions. They only pay a higher fee for each transaction but I've faced problems about 3-4 times when my sent transaction was not sent for 2 days. With blockchain.info, it's only the transaction fee that matters but with other wallets, the transactions take a long time to appear on the network.

Just to refresh this list, recently I ve ben using Exodus. Its really great wallet, just waiting for them to add Factom and it ll be 100% what I need.

Please post the site link here also tell me what you found this wallet? why you should use this wallet?

Here is the site's link: https://www.exodus.io, It is a multi-currency wallet tho I don't get why the confirmation of a transaction will be fast if you use their service considering that its one of the online wallets with lowest transaction fees (look at the title of the thread) . To the best of my knowledge, The confirmation time depends on its miner fee so the higher the faster it will confirm . Just like what it says here: http://support.exodus.io/knowledge_base/topics/what-are-mining-or-transaction-fees

I think coinbase and the xapo is the best choice, I've been using about 4 months and all transactions are fast, free coinbase initially, but now there are costs about 40 k satosi.

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