coinplus
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September 18, 2015, 03:19:19 PM |
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Xapo sends transactions in pulse, it means they send many transactions at once. This way they can save more fees than processing one transaction at a time. Because sending fee is not per transaction but on size.
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shane
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September 18, 2015, 03:22:11 PM |
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Xapo sends transactions in pulse, it means they send many transactions at once. This way they can save more fees than processing one transaction at a time. Because sending fee is not per transaction but on size.
you are right xapo do it, that why xapo not take fee to his customer but we must lose something, we can't acces the privekey of xapo bitcoin address
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Kprawn
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September 18, 2015, 03:38:54 PM |
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Xapo sends transactions in pulse, it means they send many transactions at once. This way they can save more fees than processing one transaction at a time. Because sending fee is not per transaction but on size.
you are right xapo do it, that why xapo not take fee to his customer but we must lose something, we can't acces the privekey of xapo bitcoin address The Xapo transactions is off-chain, so they control it, but once you send it from that wallet to a on-chain address, you have full control over the private keys for your address. The secret is to keep it within the Xapo network and then gaining the advantage of the NO fees. It's not always possible because some people do not have Xapo wallets, for those people you transfer it on-chain.
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notiely
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September 21, 2015, 12:26:55 PM |
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Isn't it 0.0001 as minimum?
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7788bitcoin
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September 21, 2015, 12:32:58 PM |
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0.0001 is the usual fee but you can actually go lower.
I recently tried to use the Bitcoin core (Coin control) to send out 0.0018 BTC at a fee of about 0.00003275 BTC, effectively transferred 0.00176725 BTC.
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Herbert2020
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September 21, 2015, 03:56:31 PM |
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people always forget that every transaction fee is determined with the size of the transaction not a fixed amount per one transaction. this means if you have a lot of inputs, then you will have a large transaction which requires a larger fee.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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ranochigo
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September 21, 2015, 04:20:30 PM |
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Isn't it 0.0001 as minimum?
The absolute minimum fee is 0. Some clients enforce a limit of at least 0.0001BTC and some allows users to change it.
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momore
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September 22, 2015, 01:08:58 AM |
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10000 satoshi ?
but no
i send 0,02759 for 0,02819
fee = 60000 satoshi
pffffffff
0.0001 as min fee.
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shane
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September 22, 2015, 06:40:05 AM |
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Isn't it 0.0001 as minimum?
No the mminimum fee is 0satosi I think you can learn more about bitcoiin technology in this forum
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Amph
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September 22, 2015, 07:16:40 AM |
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Isn't it 0.0001 as minimum?
that is the recommended, but usually , it depend on the amount you want to send, you can do good with much lower fee in the range of 0-1k you can use the auto-fee that is embedded in core
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coinplus
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September 22, 2015, 07:25:30 AM |
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Blocktrail has the feature to indicate us the current optimal fees as well as possible lowest fees. This is very much useful data we need to consider before starting bitcoin transactions. Because most of the light weight clients like Multibit or Electrum accepts our transactions with low fees but blocks are not picking our transactions. https://www.blocktrail.com/BTC
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ournem
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September 22, 2015, 12:51:31 PM |
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Isn't it 0.0001 as minimum?
The absolute minimum fee is 0. Some clients enforce a limit of at least 0.0001BTC and some allows users to change it. I have sent out 0 fee transactions. It took almost a day to clear though. That was a long time ago though, not even sure if it would happen now. It is probably better to send the fee.
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Mickeyb
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September 22, 2015, 01:05:53 PM |
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Isn't it 0.0001 as minimum?
The absolute minimum fee is 0. Some clients enforce a limit of at least 0.0001BTC and some allows users to change it. I have sent out 0 fee transactions. It took almost a day to clear though. That was a long time ago though, not even sure if it would happen now. It is probably better to send the fee. It probably would if you waited long enough. It depends on the state of the network, is there a stress test or not, number of outputs in your transaction, etc..
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ranochigo
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September 22, 2015, 01:53:47 PM |
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Isn't it 0.0001 as minimum?
The absolute minimum fee is 0. Some clients enforce a limit of at least 0.0001BTC and some allows users to change it. I have sent out 0 fee transactions. It took almost a day to clear though. That was a long time ago though, not even sure if it would happen now. It is probably better to send the fee. It probably would if you waited long enough. It depends on the state of the network, is there a stress test or not, number of outputs in your transaction, etc.. A great factor would actually be the priority assuming that you fufill all the criteria for sending a free transaction. If the priority is low, ie. the size is large, coin age is low and the input amount is low, it would have a lower priority. It would be less likely to be included in the block if there are lots of other free transactions.
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Echye
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September 22, 2015, 02:01:38 PM |
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For me its always been 10k satoshis
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winspiral
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Free WSPU2 Token or real dollars
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September 22, 2015, 02:06:38 PM |
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I use bitcoin core and xapo... xapo is very interesting if sending is small like 100 satoshi or so because it is fees free.
For my invest system (some here call it my ponzi) I use only xapo so i have no fees,and my investors using as well xapo have no dust effect. Every one who send and receive small amount od satosi shouls use a wallet like xapo or wallet of this kind.
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RGBKey
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September 22, 2015, 03:12:36 PM |
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The fee cost so much to send because you had a lot of inputs into one transaction, increasing the size.
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Blawpaw
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September 23, 2015, 09:07:58 PM |
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10000 satoshi ?
but no
i send 0,02759 for 0,02819
fee = 60000 satoshi
pffffffff
0.0006 is a very high fee. You 'll need to configure the settings in your wallet. the average fee is 0.0001 but some exchanges have risen it to .0005 to guarantee the transaction.
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figmentofmyass
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September 23, 2015, 10:04:58 PM |
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Isn't it 0.0001 as minimum?
that is the recommended, but usually , it depend on the amount you want to send, you can do good with much lower fee in the range of 0-1k you can use the auto-fee that is embedded in core i just send .0002 fee by default. i'm not gonna fret about a couple cents in fees. i've never had a transaction delayed beyond the next block, so this works just fine for me. YMMV, of course, during a stress test.
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TTMNewsMJ
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October 22, 2015, 11:52:44 AM |
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I thought it's just 0.0001 is the normal fee.
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