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Author Topic: Bitcoin transaction cost is too high  (Read 3123 times)
AliMan
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September 24, 2018, 04:20:13 PM
Last edit: September 24, 2018, 04:37:24 PM by AliMan
 #381

Use segwit addresses in holding these coins especially when you're up to trading since you're gonna have a continuous flow of coins in your day-trade and you might want to maximize all of those away from the miner fee. There are various tutorial in the internet on how can you provide yourself a segwit addresses in different BTC desktop wallet.

bech32 isn't mostly accepted in known sites to accept Bitcoin payments so go with this one that will provide you the p2sh segwit wallet instead.

https://bitcoinelectrum.com/creating-a-p2sh-segwit-wallet-with-electrum/
Bitcoin fee is the only problem of lot of us because it too high, so some people convert their Bitcoin to Altcoin like Ethereum everytime they do transaction. And I think it should be do some action because possible it will increase it fee much nore. So far higher fee of Bitcoin is one of the problem of many Bitcoin users, I hope it change I'm hoping for lower fee transaction.

Malam90
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September 24, 2018, 04:21:14 PM
 #382

I don't agree with your explanation. It is possible when you have wrote this post but now transations fee is very low as i have done few transactions recently with small fees like 0.0001 btc. Is it high fee? Actually this isn't so.
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