Bitcoin Forum
May 05, 2024, 07:33:26 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Warning: One or more bitcointalk.org users have reported that they strongly believe that the creator of this topic is a scammer. (Login to see the detailed trust ratings.) While the bitcointalk.org administration does not verify such claims, you should proceed with extreme caution.
Pages: [1]
  Print  
Author Topic: [Help]Way to Reduce Outgoing Transaction Fees!  (Read 474 times)
Hariom (OP)
Newbie
*
Offline Offline

Activity: 56
Merit: 0


View Profile
November 21, 2015, 09:21:00 AM
 #1

Hello Friends,
I have been using Blockchain as my Primary Wallet Because of its simplicity and easy accessibility.
But i dont know why the transaction fees are much ..
Is there any way to reduce or remove such extra transaction fees by any setting in blockchain ?
Please Suggest me your Opinions about it!
Thankyou !
1714894406
Hero Member
*
Offline Offline

Posts: 1714894406

View Profile Personal Message (Offline)

Ignore
1714894406
Reply with quote  #2

1714894406
Report to moderator
1714894406
Hero Member
*
Offline Offline

Posts: 1714894406

View Profile Personal Message (Offline)

Ignore
1714894406
Reply with quote  #2

1714894406
Report to moderator
1714894406
Hero Member
*
Offline Offline

Posts: 1714894406

View Profile Personal Message (Offline)

Ignore
1714894406
Reply with quote  #2

1714894406
Report to moderator
Unlike traditional banking where clients have only a few account numbers, with Bitcoin people can create an unlimited number of accounts (addresses). This can be used to easily track payments, and it improves anonymity.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714894406
Hero Member
*
Offline Offline

Posts: 1714894406

View Profile Personal Message (Offline)

Ignore
1714894406
Reply with quote  #2

1714894406
Report to moderator
1714894406
Hero Member
*
Offline Offline

Posts: 1714894406

View Profile Personal Message (Offline)

Ignore
1714894406
Reply with quote  #2

1714894406
Report to moderator
shorena
Copper Member
Legendary
*
Offline Offline

Activity: 1498
Merit: 1499


No I dont escrow anymore.


View Profile WWW
November 21, 2015, 09:48:20 AM
 #2

Im not entirely sure as I dont use blockchain.info, but AFAIK there is an option to create a custom TX that allows you to set a fee. Keep in mind though that fees make your TX confirm fast. If the fee is too small you might have to wait days for a confirmation. Xapo pays the fee for you, I dont use that either, but maybe check it out and see if it is a wallet of your liking.

Im not really here, its just your imagination.
RustyNomad
Sr. Member
****
Offline Offline

Activity: 336
Merit: 250



View Profile WWW
November 21, 2015, 10:01:16 AM
 #3

Go check out Xapo as shorena suggested. All your transactions fees are paid by them so no fees come off your balance.

Also, they use high fees most of the time meaning that your transactions are almost always in the first block processed after broadcasting the transaction so your transactions go through very fast. They also offer a Vault storage facility which offers some additional security should you have a large number of bitcoins.

Xapo is ideal for payments from faucets and or other small payments but I would recommend that you get one of the other 'desktop' wallets if you have a large number of coins because of security reasons.
Scream
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


U will never know the true answer, before you try


View Profile
November 21, 2015, 10:21:45 AM
 #4

Im use blockchain.info i try custom Tx but the confirmaton very slow
now im Use xapo and coinbase,
xapo android aplication is very good and design very cool but sometimes you must waiting 1-2minute after you send your bitcoin to get "block hash" or to be able to look at block explore,
coinbase is better wallet than xapo for sending bitcoin

the weakness of both is you must waiting 6confirmation to make bitcoin received avaible  on the wallet
wadii33
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
November 21, 2015, 10:53:57 AM
 #5

you can change your transaction fees to minimal in blockchain look for it in the setting
but these will make the transaction goes very slow
lottery248
Legendary
*
Offline Offline

Activity: 1568
Merit: 1005


beware of your keys.


View Profile
November 21, 2015, 11:08:37 AM
 #6

you can change your transaction fees to minimal in blockchain look for it in the setting
but these will make the transaction goes very slow
+1
for those transaction which isn't necessary to be quick.

fun fact: some of the alt coins as i can see like reddcoin, dogecoin allows little fee but confirmation period is always the highest priority.
reddcoin i mentioned, transaction fee of that, no matter how large it would be, it is just .001 reddcoin (worth less than a satoshi) per single large transaction! that's why i would recommend to use some of the alt coins.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
foxkyu
Hero Member
*****
Offline Offline

Activity: 938
Merit: 1000


View Profile
November 21, 2015, 11:20:15 AM
 #7

Go to Send Money tab, and then choose custom. You can reduce transaction fees in 'Miners Fee' form.

But remember, if your fees is too small then you will receive your bitcoin very very long time.
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!