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Author Topic: Xapo will start charging a fee to receive transactions  (Read 3471 times)
sayyedraza
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May 20, 2017, 05:10:49 PM
 #61

SO which other bitcoin wallet dont have Network Fee ? can anyone name it ?

Thanks
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iMaster
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July 11, 2017, 01:34:47 PM
 #62


I tried to send 0.0016 BTC but..


Is this a joke?

DeepOnion it is SCAM
And fuck this coin Smiley
Dhimas Kanjeng
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July 15, 2017, 04:00:27 AM
 #63

Is xapo a safe wallet when there is issue segwit 1 august later? I was curious and there was a bit of balance so I had to find a safe wallet.
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July 15, 2017, 10:12:41 PM
 #64

Is xapo a safe wallet when there is issue segwit 1 august later? I was curious and there was a bit of balance so I had to find a safe wallet.
Xapo isn't safe in this case. You have to use wallet which gives you full control of your private keys. You need to move your bitcoins somewhere else to secure it.

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July 16, 2017, 09:24:24 PM
 #65

Is xapo a safe wallet when there is issue segwit 1 august later? I was curious and there was a bit of balance so I had to find a safe wallet.
Xapo isn't safe in this case. You have to use wallet which gives you full control of your private keys. You need to move your bitcoins somewhere else to secure it.
In other words, every coin you own, should at all times be stored offline. I would recommend anyone to use the Core client for that.

Yes, it may require some decent time to download all block data, but in the meantime you can generate an address within Core to store all your coins properly.

Before encrypting the wallet file, make sure you extract the private key with the dumpprivkey line followed by a space and then the address you want to extract the private key from.

From there you can use that private key to create a paper wallet for proper offline storage. Obviously, your PC or laptop should be clean from viruses and other garbage.

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July 17, 2017, 12:54:02 PM
 #66


I tried to send 0.0016 BTC but..


Is this a joke?

I just took a look at their fees and ... I just have to change wallets . It is to much . If I want to sent to sent someone I have to pay a big fees . Time to move on .
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July 17, 2017, 03:04:57 PM
 #67

Is xapo a safe wallet when there is issue segwit 1 august later? I was curious and there was a bit of balance so I had to find a safe wallet.
Xapo isn't safe in this case. You have to use wallet which gives you full control of your private keys. You need to move your bitcoins somewhere else to secure it.
Thank you for giving some advice since i do really have the same question as him regarding about storing up my bitcoin in xapo wallet but as you said better to put into a wallet which you do have the private keys which are only possible on desktop and blockchain wallets. Ive been using Xapo way back before and as far as i remember and the thing i do like the most that they do have free tx but for now they end up on charging again but what the heck about tx fee on incoming transaction?

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LegendOF45
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July 17, 2017, 09:47:57 PM
 #68

SO which other bitcoin wallet dont have Network Fee ? can anyone name it ?

Thanks

I was curious about this, and some web wallet I tried, and nothing to network free.
Most of them reasoned because of the increasing network and mining costs.
fluturash
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July 17, 2017, 10:00:28 PM
 #69

I have nothing against paying fees but Xapo fee is to much . If I want to sent they charge like 0.001 or more . Other wallets have less fees . Oh well
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October 21, 2017, 05:46:38 AM
 #70

Sending fee is already unreasonably high plus this receiving fee? Using this wallet will be unprofitable for small time bitcoin users.

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October 21, 2017, 07:55:23 AM
 #71


I tried to send 0.0016 BTC but..


Is this a joke?

The problem is that within 6 blocks is to "fast" for most of transactions.

Even within 25 (like one bitcoin core) is very fast.

Xapo is still interesting if you send satoshi within xapo.

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rjbtc2017
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October 23, 2017, 05:22:25 AM
 #72

My concern here is, This move of Xapo about transaction fees might inspire other web wallets just like my another web wallet provider which is coins.ph sending within coins.ph to another coins.ph email address is FREE(using the PESO wallet) /Receiving is also free but not the sending from Bitcoin Wallet.
If this is the way Xapo can generate their profit and to retain their business then this is justifiable, but if other web wallet like coins.ph which generates their profit from their online exchange this will be questionable and unacceptable.

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October 23, 2017, 09:00:45 AM
 #73

Charging user a fees to receive bitcoin transaction is just way too bad in my opinion, Xapo is not the only company that provides users a bitcoin wallet to receive bitcoin transactions, if the users are willing to spend some time researching bitcoin wallets, they could always find a better and more secure bitcoin wallet easily.

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October 23, 2017, 11:30:26 AM
 #74

Charging user a fees to receive bitcoin transaction is just way too bad in my opinion, Xapo is not the only company that provides users a bitcoin wallet to receive bitcoin transactions, if the users are willing to spend some time researching bitcoin wallets, they could always find a better and more secure bitcoin wallet easily.

The problem is that if you get to small amount,you get dust and it is somewhere right to charge "dusters"...
Who has to pay the dust fees?
why only the xapo sender and not the receiver?

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