Bitcoin Forum
July 03, 2024, 02:53:49 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin fee faucet owner  (Read 142 times)
zeus2222 (OP)
Newbie
*
Offline Offline

Activity: 21
Merit: 0


View Profile WWW
February 01, 2018, 01:41:14 AM
 #1

Hello everybody

im working on new bitcoin faucet

there is any idea how to avoid the big fee of transaction, how i can make a deposit on faucethub with minimum fee. exclude coinbase please
Coins4Days
Member
**
Offline Offline

Activity: 294
Merit: 27

bit.ly/Coins4Hash


View Profile WWW
February 01, 2018, 02:46:57 AM
 #2

FaucetHub takes a 1.5% fee off of any coin deposit right off the bat, so there is no getting around that.

People are sending transactions with one satoshi per-byte fees, so that can't get any lower, really. 1 sat/byte fees confirm within 30 minutes - 12 hours. source

However, there are exchanges that cover withdrawal fees. Gemini will cover up to ten withdrawals a month for free. source

Gdax also covers withdrawal fees, but they are a part of Coinbase. They can also take a few hours to send the tx out to the network as well.

Either choice isn't a bad one: either you pay 1 sat per-byte or you don't pay any at all at the expense of an exchange having a record of your identification.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!