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how to lower the transaction fee?
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Topic: how to lower the transaction fee? (Read 1679 times)
kalner123456
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how to lower the transaction fee?
March 23, 2013, 04:26:54 PM
Last edit: March 23, 2013, 04:49:12 PM by kalner123456
#1
Is there anyway to lower the transaction fee in multibit?
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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.
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jim618
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Re: how to lower the transaction fee?
March 23, 2013, 11:17:40 PM
#2
If you go into 'View | Preferences' you can change the default value of 0.001 BTC. There is a minimum value of 0.0001 BTC (mainly in there to stop transactions getting stuck unconfirmed).
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shkiser
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Re: how to lower the transaction fee?
April 06, 2013, 04:37:32 PM
#3
I found this option recently and thought about lowering the fee. Does this cause any issues?
Free Litecoin Faucet --->
http://ltc4you.com/?r=6840
jim618
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Re: how to lower the transaction fee?
April 06, 2013, 06:18:14 PM
#4
The main thing is that with a lower fee your transaction is less attractive to the miners so may/ will take longer to confirm.
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