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Author Topic: Block.io api custom fee?  (Read 1422 times)
btc2double (OP)
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May 22, 2016, 06:19:18 PM
 #1

/api/v2/withdraw_from_addresses/?api_key=API KEY&from_addresses=ADDRESS1,ADDRESS2,...&to_addresses=ADDRESS1,ADDRESS2,...&amounts=AMOUNT1,AMOUNT2,...&pin=SECRET PIN

This is what i use on my website but how do i customize the fee they take automatically 0.0005 Fee for every txid but that is too much fee?

I think 0.0001 - 0.00012  would be enough but i need help with how to use custom fee.

Please someone help ?
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Joel_Jantsen
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May 23, 2016, 02:43:15 PM
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A little reading through the developers documentation would have solved the problem.
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Block.io eases your burden of storing information regarding users' addresses, labels, and user IDs. Below, we provide various methods that allow you to make fine-grained withdrawals from your account(s). You can withdraw from any addresses, from specific addresses, from specific user ids, and from specific labels, and you can send the specified amounts to up to 2500 destination addresses, users, or labels in a single API call.

The amount withdrawn must at least be 2 DOGE, 0.00002 BTC, or 0.002 LTC. Please keep at least 1 DOGE, 0.0001 BTC, or 0.001 LTC for network fees. There are no Block.io fees. Larger transactions (in bytes) will incur larger amounts of network fees as per Bitcoin/Dogecoin/Litecoin specifications. As of 06/09/15, you can now specify an additional parameter priority={low,medium,high} to increase the network fee paid in the given transaction. More specifically, priorities of low, medium, high will pay 1x, 2x, and 5x the minimum network fees possible on the network, respectively. As of 07/07/15, network fees will auto-scale according to network loads if the priority parameter is not provided.

So you can use the code :

/api/v2/withdraw/?api_key=API KEY&amounts=AMOUNT1,AMOUNT2,...&to_addresses=ADDRESS1,ADDRESS2,...&pin=SECRET PIN {additional paramter goes here} priority=Low
btc2double (OP)
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May 23, 2016, 11:43:28 PM
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A little reading through the developers documentation would have solved the problem.
Quote
Block.io eases your burden of storing information regarding users' addresses, labels, and user IDs. Below, we provide various methods that allow you to make fine-grained withdrawals from your account(s). You can withdraw from any addresses, from specific addresses, from specific user ids, and from specific labels, and you can send the specified amounts to up to 2500 destination addresses, users, or labels in a single API call.

The amount withdrawn must at least be 2 DOGE, 0.00002 BTC, or 0.002 LTC. Please keep at least 1 DOGE, 0.0001 BTC, or 0.001 LTC for network fees. There are no Block.io fees. Larger transactions (in bytes) will incur larger amounts of network fees as per Bitcoin/Dogecoin/Litecoin specifications. As of 06/09/15, you can now specify an additional parameter priority={low,medium,high} to increase the network fee paid in the given transaction. More specifically, priorities of low, medium, high will pay 1x, 2x, and 5x the minimum network fees possible on the network, respectively. As of 07/07/15, network fees will auto-scale according to network loads if the priority parameter is not provided.

So you can use the code :

/api/v2/withdraw/?api_key=API KEY&amounts=AMOUNT1,AMOUNT2,...&to_addresses=ADDRESS1,ADDRESS2,...&pin=SECRET PIN {additional paramter goes here} priority=Low


Can you give me an example link please?
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February 28, 2017, 05:09:17 PM
 #4

hi fees are so high now on block.io

i send 150 000 satoshi and they charge me 100 000 sat of fees almost 60 %

i dont understand before it was 30 000 sat not 100 000 sat or 130 000 sat

why the miners dont give better fees to block.io like poloniex its only 10 000 sat

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February 28, 2017, 08:27:39 PM
 #5

You shouldn't change the fees as it is made in order to process the transactions quickly. I recently sent a tx with low fees, it took 4 days to be processed, i had to rebroadcast the transaction as it is forgotezn by memool after 72hours.
You should keep it, or use blockcypher for micropayments.
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