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Author Topic: Wallet with lowest transcation fee  (Read 28228 times)
Digital_Lord
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March 29, 2016, 10:10:38 AM
 #41

Reading through all the comments I was wondering why nobody mentioned Coinkite. IMO it is one of the best web wallets with lowest transcation fee. If I'm missing something please do tell me.

I heard first time about coinkite wallet from you. I didn't use this wallet before, even I don't know about it. I think xapo is best wallet in the web wallets, and coinbase wallet is number two wallet

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March 29, 2016, 10:12:01 AM
 #42

Reading through all the comments I was wondering why nobody mentioned Coinkite. IMO it is one of the best web wallets with lowest transcation fee. If I'm missing something please do tell me.

Coinkite is closing the wallet: http://blog.coinkite.com/post/141836920461/time-to-be-your-own-bank

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March 29, 2016, 10:26:06 AM
Last edit: May 22, 2016, 05:26:40 AM by geopolisch
 #43

Xapo is the best
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March 29, 2016, 10:27:58 AM
 #44

Xapo and coinbase will pay the fees for you so if you are looking for the cheapest fee, this is your best option. Blockhain wallet has 0.0001 BTC fee while in mycelium you can set your fee from low, economic, normal, high priority. I think lowest fee is 5000 satoshi.


Xapo and coinbase are really the best wallet out there is you are looking for an online wallet but is you want you can use paper wallet too..
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March 29, 2016, 11:52:19 AM
 #45

Ok. Tell me from where we can get paper wallet ?

I heard web wallets are not save.
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March 29, 2016, 12:53:54 PM
 #46

Web Bitcoin wallets are safe, it's the exchanges that usually 'get hacked into' and coins get stolen due to security malpractices. I am now using the BitGo wallet which claims to be the world's most secure Bitcoin wallet  Grin Anyway jokes aside, if you have a unique strong password only used for logging into your online wallet you should be OK.

Since you have asked for information on how to create a paper wallet you can see the creation process being explained here:

http://www.coindesk.com/information/paper-wallet-tutorial/
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March 29, 2016, 03:17:26 PM
 #47

Web Bitcoin wallets are safe, it's the exchanges that usually 'get hacked into' and coins get stolen due to security malpractices. I am now using the BitGo wallet which claims to be the world's most secure Bitcoin wallet  Grin Anyway jokes aside, if you have a unique strong password only used for logging into your online wallet you should be OK.

Since you have asked for information on how to create a paper wallet you can see the creation process being explained here:

http://www.coindesk.com/information/paper-wallet-tutorial/

In Web wallets i have heard XAPO is the greatest.
Haven't heard for BitGo before. Whats its transaction fee ?
Xapo has zero transaction fee.
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March 29, 2016, 04:25:52 PM
 #48

In most wallets, You can set up your own fees i.e you can use a 0 BTC fee, But that is not recommended at all, You would end up having transactions stuck for hours or even days if you do that, Some websites cover the fees for the users but the only ones I came across where gambling sites (And I don't recommend holding your bitcoin in those).
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March 29, 2016, 04:28:22 PM
 #49

Whatever you do don't use MultiBit wallet for anything. The day I dropped them and switched to Electrum was the day they forced me to pay $2.31 in fees to send out ~$17 in BTC.

Gonna sync that wallet real quick and see if I can pull that transaction up, was ridiculous

Here it is, my amounts were off but not by much

https://blockchain.info/tx-index/ac3b962733475b0ec3fc07f73621fe4dfd2b7da6294d678498ac0d9366692082

I sent 0.0435 ($17.95) and the fee was 0.00380083 ($1.57) which is roughly 8.7% fee for that transaction
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March 29, 2016, 05:55:17 PM
 #50

Can anyone tell which Wallet with lowest transaction fee both desktop and web wallet.

Thanks

coinbase,its have low fee transaction,but coinbase applicate automatic fee,so i feel something my transaction delaying so long because the fee very low. and when i use blockchain.info,i can decide my own transaction fee with 3 option.
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March 30, 2016, 12:50:58 AM
 #51

For me I use coins.ph because this wallet are no fees transaction 0% but coins.ph is for only Asia wallet. Correct me if I wrong . second choice for me is a xapo is one of good wallet in the world the transaction fees is low and very transparent transaction. And very beautiful because the chart of bitcoin market are there u can see bitcoin are low or high price.

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March 30, 2016, 07:28:22 AM
 #52

transaction costs are usually are not an issue for international trade, investment or aid.. i prefer and suggest blockchain.info as it provide extremely secure, efficient and low cost remittance transfers..
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March 30, 2016, 07:52:19 AM
 #53

I never thought about using different wallet to save some coins through its transaction fee.
Normally I'm okay with with just 0.0001 fee but if there is lesser i guess it would be great considering I'd be making a lot transactions later.

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March 30, 2016, 10:29:04 AM
 #54

Can anyone tell which Wallet with lowest transaction fee both desktop and web wallet.

Thanks

Should I suggest you the best?
Bitcoin Core or Electrum.

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March 30, 2016, 10:32:28 AM
 #55

Reading through all the comments I was wondering why nobody mentioned Coinkite. IMO it is one of the best web wallets with lowest transcation fee. If I'm missing something please do tell me.

Its new to hear this name. I have never tried this. The wallet always preferred is Blockchain. As suggested will try coinkite too to find is there something new.

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March 30, 2016, 10:33:11 AM
 #56

on blockchain.info wallet there is an option to select tx fee

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March 30, 2016, 10:51:15 AM
 #57

Can anyone tell which Wallet with lowest transaction fee both desktop and web wallet.

Thanks

coinbase,its have low fee transaction,but coinbase applicate automatic fee,so i feel something my transaction delaying so long because the fee very low. and when i use blockchain.info,i can decide my own transaction fee with 3 option.
afaik coinbase doesnt even charge you for fees when sending bitcoins im a coinbase user myself previously but switched to electrum
after knowing other peoples account getting blocked and such
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March 30, 2016, 11:15:16 AM
 #58

Can anyone tell which Wallet with lowest transaction fee both desktop and web wallet.

Thanks

coinbase is almost without fee,i can sent my bitcoin until its empty,i have 0.0001 in my coinbase wallet,and i sent it to exchange,and i got that value,so i think not got fee from that transaction.
.
I also only pay 0,0001 for fees on blockchain, and no problem so far.
so if that's the cheapest, coinbase and blockchain are the cheapest ones then.

OP you can choose one of them.

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March 30, 2016, 11:28:55 AM
 #59

i will choose blockchain if for online wallet because its very flexible because we can set fee as we like ( not recommend under 0.0001 ) but usually i use 0.0001 as fee and it transferred normally   

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March 30, 2016, 01:28:44 PM
 #60

The online wallets are fees free (except blockchain.info wallet). And for other wallets, the transaction fees is not determined by wallet but is set by the blockchain and the miners. If you don't pay any transaction fees then your transaction would take tooooo long or might even get rejected.

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