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Author Topic: Online Bitcoin wallet with lowest transaction fees  (Read 2862 times)
crazyivan
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February 28, 2017, 04:16:19 PM
 #1

I keep reading threads about how BTC price will reach $5k in 2 years or $11k in 3 years. If this happens, I know we ll all be very happy. However, if this happens, we should all immediately start collecting every satoshi we can starting with BTC transaction fees.

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.

Please share your experience.

Thx

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February 28, 2017, 04:18:48 PM
 #2

I keep reading threads about how BTC price will reach $5k in 2 years or $11k in 3 years. If this happens, I know we ll all be very happy. However, if this happens, we should all immediately start collecting every satoshi we can starting with BTC transaction fees.

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.

Please share your experience.

Thx
I don't understand what you mean. Why do you want to have any coins in online exchanges anyway? they aren't safe. You should keep your coins in your local wallet. Ideally Bitcoin Core so you are running a node and helping segwit, and you also have coin control, and control the fee, even tho recommended fee is recommended, or you risk it getting stuck.

I dont really understand your question anyway.

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February 28, 2017, 04:26:04 PM
 #3

Well, I don't think you can get both "cheap" and "fast" because the higher the fees are, the faster the transaction will get confirmed. I use btc.com and I'm really satisfied, my transaction always go through fast enough and I consider the fees are not that high (never paid anything more then 0.0005 BTC) but again everything is based on the calculations done on the size of the transaction.

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February 28, 2017, 04:28:48 PM
 #4

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.
Bitgo is not accepted everywhere and they charge standard % fee on transaction so to send bigger amount you will end up paying very high fee than in normal bitcoin transaction of same amount of bitcoin.

I am currently using blockchain.info wallet (both mobile and web) and i can set fees to whatever i want.

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February 28, 2017, 04:29:19 PM
 #5

I think blockchain wallet is the best in my opinion and not too big to make my transaction fee

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February 28, 2017, 04:39:57 PM
 #6

I keep reading threads about how BTC price will reach $5k in 2 years or $11k in 3 years. If this happens, I know we ll all be very happy. However, if this happens, we should all immediately start collecting every satoshi we can starting with BTC transaction fees.

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.

Please share your experience.

Thx

If you search for online wallets then there are some all over the world with more or less same features. You can get the more complete comparison table I found in the web here. In addition I would like to mention that transaction fees are completely independent from you wallet. Inputs and outputs like as network overload are some factors that affect the fees. A very good guide about the calculation of the fees and the frequent problem about unconfirmed transactions can be found in the forum.
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February 28, 2017, 04:47:04 PM
 #7

In Blockchain wallet you can set lower transaction fees, let say 0.0001 BTC in manual, BTC transfer will arive in ~ 24 hours. So this is easy and simple way how to avoid transaction fees.
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February 28, 2017, 04:55:01 PM
 #8

It's not like they are going to pay the fee for you, low transaction fees is a feature of most web wallets, I'm sure when price reaches $5k we'll no longer need to pay any more than 0.00005 or 0.0001 it's not about the data any more and is about the exchange price. blockchain.info is one of the best ones.

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February 28, 2017, 05:09:57 PM
 #9

if bitcoin could reach the price such as you says i think i would not have a problem with the fees even though will more high rather than now but currently my options still for blockchain even not the best online wallet but i felt comfortable using this wallet

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February 28, 2017, 05:13:49 PM
 #10

if bitcoin could reach the price such as you says i think i would not have a problem with the fees even though will more high rather than now but currently my options still for blockchain even not the best online wallet but i felt comfortable using this wallet

I too feel comfortable using blockchain.info wallet. To my view it has got the lowest transaction fee as well the fastest confirmation than other online web wallet. These days bitcoins confirmation is taking place unlike the wallet service provider.

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February 28, 2017, 05:17:55 PM
 #11

I have been using a wallet as of now which charges a flat rate for the month or the year depending on how much you use it, would justify the price and length of the plan you pay for (in bitcoin by the way Wink ).
Do as many transactions as you want for free for $9.95 a month is a pretty sweet deal if you do a crap load of sending with in a month.
I haven't did the yearly thing because it is after a web wallet so as everyone knows you don't hold alot of coins in these things thus do not rely on it and a with in a year from now they could be gone before the subscription term ends. Undecided

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February 28, 2017, 05:21:58 PM
 #12

Ok, blockchain info s been number 1 for most of the people as it seems.

I was talking about my spending wallet, main stash s always offline.


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February 28, 2017, 05:22:31 PM
 #13

I keep reading threads about how BTC price will reach $5k in 2 years or $11k in 3 years. If this happens, I know we ll all be very happy. However, if this happens, we should all immediately start collecting every satoshi we can starting with BTC transaction fees.

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.

Please share your experience.

Thx

For me Coinbase works. You can do entirely free transactions with Coinbase. And the most fascinating part, transactions get confirmed within an hour.
Blockchain is good too. With fees approx. 0.0003~ transactions go on speedy mode. And if btc goes to $10k, we would surely see decrease in fees!

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February 28, 2017, 05:34:51 PM
 #14

I keep reading threads about how BTC price will reach $5k in 2 years or $11k in 3 years. If this happens, I know we ll all be very happy. However, if this happens, we should all immediately start collecting every satoshi we can starting with BTC transaction fees.

So, what do you use that s reliable, cheap and online. I use Bitgo, a very reliable and its online, it s fast but it s NOT cheap.

Please share your experience.

Thx

For me Coinbase works. You can do entirely free transactions with Coinbase. And the most fascinating part, transactions get confirmed within an hour.
Blockchain is good too. With fees approx. 0.0003~ transactions go on speedy mode. And if btc goes to $10k, we would surely see decrease in fees!

I've been using blockchain.info for more than a year now and pretty happy with it. Never tried Coinbase, but it sounds interesting. So you say one can make an entirely free transaction with it, but what are the conditions? Small amount of BTC? And when you say free, you mean no fees at all, no nothing?

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February 28, 2017, 05:36:26 PM
 #15

Coinbase is the one of the fews that doesn't charge any fees. It's supported by them. Never understood why they take the fees in charges. Cryptopay as well.
I prefer to use Coinbase for small transaction and Cryptopay when i want the cash in hands and use the deebt card I own from them
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February 28, 2017, 05:40:58 PM
 #16

I hold my bitcoins on Blickchain online wallet, but all procedure of cashing out my bitcoins takes around 10%. I really loose a lot now and with higher price it's gonna be higher money. So I'm also would like to find a way for myself with lower fees as possible.
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February 28, 2017, 05:47:03 PM
 #17

I hold my bitcoins on Blickchain online wallet, but all procedure of cashing out my bitcoins takes around 10%. I really loose a lot now and with higher price it's gonna be higher money. So I'm also would like to find a way for myself with lower fees as possible.
I know what you're talking about. That's why I always cash out as little as possible. Not only because of the fees, but because BTC price is rising and if you take your money out, you cut yourself of future profits and I don't like that. But if has nothing to do with Blockchain.info and its fees

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February 28, 2017, 05:50:28 PM
 #18

I love https://coinb.in. It gives me full control of whatever I do.
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February 28, 2017, 06:11:11 PM
 #19

I hold my bitcoins on Blickchain online wallet, but all procedure of cashing out my bitcoins takes around 10%. I really loose a lot now and with higher price it's gonna be higher money. So I'm also would like to find a way for myself with lower fees as possible.
I know what you're talking about. That's why I always cash out as little as possible. Not only because of the fees, but because BTC price is rising and if you take your money out, you cut yourself of future profits and I don't like that. But if has nothing to do with Blockchain.info and its fees
Yes, I agree with you. Seems like there nobody who like that cutting out your money, such of this online wallet while we're making transactions. As a digital currency users, it's just annoying but nothing to do in this field. But now BTC price rising and we can't accept the losses of our money.

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Bitcoinsummoner
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February 28, 2017, 06:38:41 PM
 #20

Never heard that crypto wallet well about your question you have a point that every sat for transaction we need to save because the value of fees every transaction can be more valuable in the future..
For me i am doing some little bit tricky if i am paying for something i need to buy in multiple address so that they all are budget.. and we have a wallet here locally that we dont need to pay for a fee..

-Mining is Dead but true miners remain-
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