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Author Topic: cryptocurrency wallet to wallet transfer fees?  (Read 812 times)
azywzy
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November 20, 2016, 06:39:13 PM
Last edit: November 20, 2016, 07:17:54 PM by azywzy
 #1

Hi,

if i am sending cryptocurrency from one BTC blockchain wallet website to an another BTC blockchain wallet website what is % of fee ? and same question applied to other cryptocurrencies blow.

Bitcoin (BTC)
Ethereum (ETH)
Ethereum Classic (ETC)
Ripple (XRP)
Litecoin (LTC)
Monero (XMR)
Dash (DASH)

any website i can find this ?

thank you in advance
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Jhanzo
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November 20, 2016, 06:42:43 PM
 #2

You mean like transferring BTC to ETH wallet?  That's not possible without using a 3rd party website because you're basically selling the former for the later.  And the fee varies depending on what website you're using.
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November 20, 2016, 07:29:33 PM
 #3



For bitcoin you can check this for the fee https://bitcoinfees.21.co/
You can use this for your chart if what fee you should pay for faster or medium priority..

And for other altcoin you can  use their default fee already you can choose it in their wallet software..

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November 20, 2016, 10:56:47 PM
 #4

If you're asking for the fee structure of various wallets, then maybe this link can help you out.

http://cryptorials.io/bitcoin-wallets-comparison/

Most pay a network fee but some bear the cost but have different pros and cons.

A search for "eth wallet fee comparison " should bring out similar results for eth and so on.


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November 21, 2016, 07:13:00 AM
 #5

I don't think there is any webpage that suggest fees for alternative coins along with bitcoin. For bitcoin there is https://bitcoinfees.21.co/ but for other alts no similar site can be found. However there is one reddit post comparing transaction fees for few coins here https://www.reddit.com/r/CryptoCurrency/comments/48zd7t/which_coin_has_the_cheapest_transaction_fees_atm/
Don't know how accurate are those calculations.

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November 21, 2016, 07:45:34 AM
 #6

if i am sending cryptocurrency from one BTC blockchain wallet website to an another BTC blockchain wallet website what is % of fee ?
You do not need to send and receive your own bitcoins. Instead, you can export and import private-keys so that you will have your own bitcoins in single wallet unless you want to have all your bitcoins in single address.
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November 21, 2016, 07:48:23 AM
 #7

if i am sending cryptocurrency from one BTC blockchain wallet website to an another BTC blockchain wallet website what is % of fee ?
You do not need to send and receive your own bitcoins. Instead, you can export and import private-keys so that you will have your own bitcoins in single wallet unless you want to have all your bitcoins in single address.

Altough, technically, you are correct, but i personally feel there are several reasons to have more than 1 wallet.

For example: spreading the risk, having a big chunk of your coins in cold storage, better privacy protection, the fact that it might not be a good idear to have your unencrypted private key stored somewhere,...

Personally, i have an electrum wallet on my desktop for day-to-day use, bitcoin core on my server, a ledger HW.1 for longer term storage and a paper wallet for cold storage
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November 21, 2016, 11:35:40 AM
 #8

You mean like transferring BTC to ETH wallet?  That's not possible without using a 3rd party website because you're basically selling the former for the later.  And the fee varies depending on what website you're using.

no i mean BTC to BTC and so on...

According to bitcoin wiki: https://en.bitcoin.it/wiki/Transaction_fees pay a fee of at least 0.00001 BTC/kb for added to block. this site: https://bitcoinfees.21.co/ is can useful too, but i'm not sure 100% accurate, just make sure you use default fees from your bitcoin wallet to make a smooth transactions.
If you want to use 0 fees there are have a condition to make it, you can check bitcoin wiki link i've mentioned.

Use default fees for every cryptocurrency for a smooth transactions.
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November 21, 2016, 11:45:32 AM
 #9

so far didn't found the website which showing the amount needed as a fee for every transaction in various coins but hey you can just checking it out one by one, just go with the specific altcoins blockchain explorer,pick one transaction as an example and you can get the information about the fees,
the fees for every transaction may vary

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November 21, 2016, 12:20:40 PM
 #10

The question doesn't arise, as you are using the blockchain wallet. There is a "custom" option, and you can set the transaction fee there. Normally, the default transaction fee will be calculated on the basis of file size. But if you think it is too high, then you can use "custom" option to enter a smaller amount.
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November 21, 2016, 12:36:13 PM
 #11

The question doesn't arise, as you are using the blockchain wallet. There is a "custom" option, and you can set the transaction fee there. Normally, the default transaction fee will be calculated on the basis of file size. But if you think it is too high, then you can use "custom" option to enter a smaller amount.

Indeed the default fee is calculated  base on file size. But some exchanges has already increased their charges. If you want to be prioritize in processing transaction you can increase or set the fees to a higher amount.


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