Bitcoin Fee

[SiranthiS]

Good conversation got good knowledge about transaction fee as a newbie. Using Alt coins for lower fee to save money.

[RudeeTam]

Yes, altcoins are the way to go if you want smaller transactions. Bitcoin currently is charging a large fee for transactions and it's not worth it to use it for small ones. But in your case, that $25 priority fee is kind of a stretch.

[jonval21]

hope fee, can go low in the future. we need low fee in bitcoin so people can use it with no problem.

[btcCoincart]

Try to buy another crypto by that btc, then send to receiver. And transfer to btc again. This works some how

[cryp24x]

Say one has to send 35 dollars to complete a transaction but the priority fee is 25 dollars. Could one send the 25 dollar fee plus add an extra 10 dollars to make it so it all adds up to 35 dollars? This way so one doesn’t have to send a total of 60 dollars?

I believe fees is calculated separately.  The amount to be sent should have extra payment for the transaction in order for the transaction to be processed.  I agree that if you want to save a huge amount, you better persuade the other party to accept altcoin and convert them on the exchange once accepted. 

[Yakamoto]

Say one has to send 35 dollars to complete a transaction but the priority fee is 25 dollars. Could one send the 25 dollar fee plus add an extra 10 dollars to make it so it all adds up to 35 dollars? This way so one doesn’t have to send a total of 60 dollars?

No?

There is no way to circumvent the fee by trying to make the entire transaction the equivalent value of the fee. You'll either have no fee and the transaction will take forever to confirm or it will have no transaction value and there will be a fee of $35 on something that moves, at best, $0.01 of value. You cannot circumvent the fee and you have to choose to either pay the total sum so that you get it done quickly or you can skimp on either portion of the transaction and watch as nothing happens with your transaction.

Welcome to the blockchain, right now we're waiting on a ton of transactions to get confirmed so fees can go down. It'll take a fairly long amount of time considering the transaction rate right now. Sorry for the inconvenience.

[azker]

yes. the fee its extreamly annoying . but if you smart trader you can use any tricks to cover it.
1. use altcoin as optional . in this case i prefer use ETH or BCH or LTC . its most Popular and Big Volume trade in market.
2. use Custom FEE . but i will take a long time to get confirmation in tx . i did fee $3 for send $80 . confirmation 1 after 2 week almost 3 weeks .

Im running a small business sending bitcoin to a merch and for two weeks I had no business because i sent too low of a fee.

I am not sure whether I have understood your concern correctly. But lets take an hypothetical example. If you need to send $100 to a different address and the wallet is asking for $35 fees, then your total expenditure will be $135 for that transaction. The transaction fees are extra which is added with the transaction. So if you are sending $100 to someone, $135 will be your final expense. I hope this helps!

I had a hard time wording it myself so sorry if u didn’t understand. What you said makes helps I just thought there was a loophole.

Then you have no choice but to either use a higher fees to help out your customers or convince them to switch to a good low fees altcoin

[Mohamme]

I have rarely used BTC to transfer money now, which is too big a cost. I use NEO to replace BTC, because NEO is faster, and the cost is almost 0.

[drwhobox]

Say one has to send 35 dollars to complete a transaction but the priority fee is 25 dollars. Could one send the 25 dollar fee plus add an extra 10 dollars to make it so it all adds up to 35 dollars? This way so one doesn’t have to send a total of 60 dollars?

Bitcoin fees are scaling rocket high right now due to more and more transactions with higher fee. I would prefer that you should use altcoins as an alternative to your payment methoods right now like ETH, BCH and BTG.

[UAE Seasider]

Unless you want to send more than 0.5 Bitcoins to somebody I would use alternative currencies with lower tx fees to transfer funds to another party. If you want to send a large amount then at 2 or 3 Bitcoins the fee becomes negligible as part of the whole transaction.

[michellee]

I think you can use low fees if you want but you might not get fast confirmation. using the altcoin as a solution to send bitcoin is a good idea but we need to choose which altcoin have fast confirmed. but I think if you want to send a big amount of bitcoin, you don't have to think about the fee because you still get the big part of the money in your account or other people account. but I realize that the fees now are too big depends on a few months ago.

[CryptoCreature]

bitcoin fees are expensive because the price of bitcoin is getting more expensive, to reduce the bitcoin fee I usually exchange bitcoin with other altcoins, I usually exchange bitcoin with dogecoin because the fee is smaller.

[sfr2017]

The fee of bitcoin is high this days and to reduce the fee in exchanger you can  convert it to dogecoin
and from dogecoin you can recover your bitcoin with minimum fee it's a solution for who hasn't many bitcoin.

[piter66]

Do not use FEE too small For Large Transaction comrades I do not go in for 1 month.   

I’ve learnt that the really hard way lmao, sent a transaction with too low of a fees when mempool was choked and that shit took AGES to confirm for me

[corpice]

How to bitcoin free... ??
whether to use capital first ...?!