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PYumi (OP)
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November 23, 2016, 10:29:12 AM
 #1

Dear all,

I'm new in the cryptocurrency world.
Recently I just bought my first bitcoins from localbitcoins.com. Then I decided to transfer some of this money to my cell phone. I'm using the airbitz app. The I transfered back part of this money to localbitcoins.com (this was just for playing as it is the first time I do it).
I noticed that while localbitcoins did not charge any fee, airbitz charged a small transaction fee. I wonder if there is any wallet that I can use in my iphone that does not charge transaction fees.

Kind Regards,
PYumi
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November 23, 2016, 10:33:45 AM
 #2

I guess it's XAPO, their wallet also available for multi-platform: iOS, Android, and in their website for desktop,and as stated on their blog which is addressing about the "No More Transaction Fees" (https://blog.xapo.com/no-more-network-transaction-fees/). This feature not only limited for transactions between XAPO users but bitcoin address to bitcoin address transaction

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PYumi (OP)
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November 23, 2016, 10:40:28 AM
 #3

Thank you for your answer aubert.

Unfortunately it seems that XAPO is not available from itunes in the UK.

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November 23, 2016, 10:55:26 AM
 #4

Thank you for your answer aubert.

Unfortunately it seems that XAPO is not available from itunes in the UK.


Well if that so. I recommend you to use a wallet which allows you to set custom fee so you can use the minimal fee to make your every transaction fee cheaper (as long it's still meet the requirement it won't slow down your transaction) or even without fee but the transaction could possibly rejected by the network and taking few days to be confirmed if you're lucky enough
Honestly, I never found a wallet that's not charging any fee like XAPO so far. Some may only require you to pay the cheap fee but it's not free

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PYumi (OP)
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November 23, 2016, 11:02:24 AM
 #5

Ok, aubert.

It is good to know!
Thanks again for the information.
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November 23, 2016, 11:02:41 AM
 #6

Dear all,

I'm new in the cryptocurrency world.
Recently I just bought my first bitcoins from localbitcoins.com. Then I decided to transfer some of this money to my cell phone. I'm using the airbitz app. The I transfered back part of this money to localbitcoins.com (this was just for playing as it is the first time I do it).
I noticed that while localbitcoins did not charge any fee, airbitz charged a small transaction fee. I wonder if there is any wallet that I can use in my iphone that does not charge transaction fees.

Kind Regards,
PYumi

The network requires a fee in order to process your transaction. In theory this can be zero, but nowadays even with small fee you can get the "surprise" that your transaction got delayed.
Now, there are "wallet" providers which pay the fee for you, but they are very few. You can also install (at least on computer) wallet that could allow you to send with smallest (or zero) fee, but you may face the issue that your transaction is delayed a lot or not processed at all.

If you have quite a value, I recommend you use local wallet (to have full control of your keys, thus full control of your money) and pay the recommended fee for the transaction.
If you have some satoshi you can afford to lose in case of hack, malfunction or other causes you can use one of the very few online services that pay the fee for you (the only one I know is XAPO and I think that you can use it from browser on any OS).

Edit: small additions.

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