Send Bitcoins Without Fees [No Miner Fees]

[cryptocoinplay]

Yesterday, I was talking with my friend that he spends a lot for Bitcoin Transfers for fees.
Using BlockChain that cuts a lot of fees which is necessary but unnecessary for me like peoples. who does little transactions and cuts a lot fees.


What is Bitcoin Network Fee?
Bitcoin Network fee is charged by miners who mine the BTC's and they take this fee for confirming the transaction. I didn't found instant confirmation yet anywhere but Coinbase does it faster than Blockchain I guess.
Anyways, you have to give fees if you use BTC.

How to get rid of this fees?
There's no way! Actually you have to pay the fees in order to get your transaction confirmed.
So this is a necessary thing, but some Service Providers pays the fees from their pocket or take it from zero fee confirmation. There was Coinbase before years doing this to gather new customers.

Today... I want to introduce XAPO Service which is same as Blockchain, Coinbase and let you send BTC's without fees.
I started loving it since I use it. The way of their website security is high, they use bitpay api & block.

Note: XAPO is old and I'm newbie, There's nothing to manipulate if you know this already.
        I'm not promoting any affiliate or referral, just came to share what I found.

       
Shearing Is Caring... My New XAPO BTC Wallet: BTC 3JF19reYGAaowUnQa123rRSUNR82axRQU9

[1714815555]

1714815555

[Juggy777]

The information that you have posted is not new at all. And I am sure this would have been discussed before. Yes people are frustrated with the fees and yes xapo is a way to save on the fees. But if both the parties are coin base users, then there is no fees for the same. I wonder are you writing your xapo address so that some one reads this article and sends you money in Bitcoin cause you have written about xapo not taking fees. Good luck with that.

[BrewMaster]

just a couple of things:
- don't add size to your whole topic, it is annoying because it gets unnecessarily big.

- there are two ways to reduce fees:
1. don't reuse addresses to receive a lot of small transactions. try to keep the number of outputs (received transactions) to a minimum. spending 1 output costs about 30K-40K satoshi while spending multiple outputs consts more depending on how many they are.
2. you may already be using this but upgrading to newer wallets will generate new version of private keys (compressed) and that will make your transactions a little smaller.

- use wallets that suggest the appropriate fees such as Electrum or Core

- if you are making a lot of payments, try combining them all into one instead of paying one by one.

- XAPO and Coinbase are third party accounts not bitcoin wallets and they come with their own risks. you can get hacked or they can easily block your account.

[cryptocoinplay]

just a couple of things:
- don't add size to your whole topic, it is annoying because it gets unnecessarily big.

- there are two ways to reduce fees:
1. don't reuse addresses to receive a lot of small transactions. try to keep the number of outputs (received transactions) to a minimum. spending 1 output costs about 30K-40K satoshi while spending multiple outputs consts more depending on how many they are.
2. you may already be using this but upgrading to newer wallets will generate new version of private keys (compressed) and that will make your transactions a little smaller.

- use wallets that suggest the appropriate fees such as Electrum or Core

- if you are making a lot of payments, try combining them all into one instead of paying one by one.

- XAPO and Coinbase are third party accounts not bitcoin wallets and they come with their own risks. you can get hacked or they can easily block your account.

Yes, I agree with you. XAPO and Coinbase is 3rd party and there is always risk included. BlockChain or Bitpay has their own network or block so you can deal directly. But Xapo and Coinbase it working with trustworthy.
I use Coinbase since a long time and I found nothing illegal or bad from them.  XAPO is my best choice from now because I do small transactions and it saves money. And xapo web interface is more secured than other 3rd party Service Providers.

[BitDane]

The information that you have posted is not new at all. And I am sure this would have been discussed before. Yes people are frustrated with the fees and yes xapo is a way to save on the fees. But if both the parties are coin base users, then there is no fees for the same. I wonder are you writing your xapo address so that some one reads this article and sends you money in Bitcoin cause you have written about xapo not taking fees. Good luck with that.

There are lots of exchanges not only xapo that shoulder the transaction fee.  And indeed this is not news at all.  Even some gambling site shoulder the transaction fee which I can name, FortuneJack, as one of them.  With the free transaction fee came the risk because in Xapo you are not holding the private key to your Bitcoin address, same with other online wallet out there.

[Yakamoto]

This isn't anything new though, and I don't know why this seems to be such a shock to OP. It's not like these websites have been doing the same stuff for years or anything, right? :^)

Xapo is a decent choice for an online wallet, but they have their own restrictions as well. Their debit card is a nice touch though, and definitely something that can be useful under the right circumstances.

[digaran]

Can I import my addresses in there and then use private key to spend my coins or not? because even if they don't provide you with your private keys you could import your own addresses. and why would they pay the fees for us are they in love with us or something?

Better use blockchain.info for now since we're getting late confirmations even paying recommended fees.

[bitbunnny]

The information that you have posted is not new at all. And I am sure this would have been discussed before. Yes people are frustrated with the fees and yes xapo is a way to save on the fees. But if both the parties are coin base users, then there is no fees for the same. I wonder are you writing your xapo address so that some one reads this article and sends you money in Bitcoin cause you have written about xapo not taking fees. Good luck with that.

There are lots of exchanges not only xapo that shoulder the transaction fee.  And indeed this is not news at all.  Even some gambling site shoulder the transaction fee which I can name, FortuneJack, as one of them.  With the free transaction fee came the risk because in Xapo you are not holding the private key to your Bitcoin address, same with other online wallet out there.

That is true. I use Xapo and although so far I had no issues and problems there is a risk because of the private key that you don't hold. Seems that fees are quite an issue lately and I don't know how this will be solved. But I know we have the choice. You can use suggested fees and everything will go fine or you can take risk with very low fees.

[hajimasan]

Yesterday, I was talking with my friend that he spends a lot for Bitcoin Transfers for fees.
Using BlockChain that cuts a lot of fees which is necessary but unnecessary for me like peoples. who does little transactions and cuts a lot fees.


What is Bitcoin Network Fee?
Bitcoin Network fee is charged by miners who mine the BTC's and they take this fee for confirming the transaction. I didn't found instant confirmation yet anywhere but Coinbase does it faster than Blockchain I guess.
Anyways, you have to give fees if you use BTC.

How to get rid of this fees?
There's no way! Actually you have to pay the fees in order to get your transaction confirmed.
So this is a necessary thing, but some Service Providers pays the fees from their pocket or take it from zero fee confirmation. There was Coinbase before years doing this to gather new customers.

Today... I want to introduce XAPO Service which is same as Blockchain, Coinbase and let you send BTC's without fees.
I started loving it since I use it. The way of their website security is high, they use bitpay api & block.

Note: XAPO is old and I'm newbie, There's nothing to manipulate if you know this already.
        I'm not promoting any affiliate or referral, just came to share what I found.

       
Shearing Is Caring... My New XAPO BTC Wallet: BTC 3JF19reYGAaowUnQa123rRSUNR82axRQU9

I agree with you but  I will suggest you to look at the new update for such types of wallets that are not charging fee for your transaction .
Here I know the two wallets only which are third party and Secondly cames under many questions recently ( mostly coinbase) .
if you will see at the blog of coinbase and xapo( for xapo not sure ) then you will find that they started to charge for the transactions .
That is good for the development of the coinbase wallet and services because a big amount of earning of the coinbase was losses​ in the paying transaction charges .

[jaceefrost]

It isn't really not paying fee. Technically it is Xapo which is paying the fee for you. Coins.ph ( a local exchange) also have the same feature where they are the ones paying for your transaction fee. Tho it always isn't a very good option nowadays because they are paying the minimum which I think is around 10k to 25k satoshi which sometimes isn't enough to get your confirmation confirm as fast as you want.

[cryptocoinplay]

@hajimasan - I agree with you but  I will suggest you to look at the new update for such types of wallets that are not charging fee for your transaction .
Here I know the two wallets only which are third party and Secondly cames under many questions recently ( mostly coinbase) .
if you will see at the blog of coinbase and xapo( for xapo not sure ) then you will find that they started to charge for the transactions .
That is good for the development of the coinbase wallet and services because a big amount of earning of the coinbase was losses​ in the paying transaction charges .

Yes. I saw Coinbase started charging for transactions from their new update. This is something like business strategy-
"While they're new in market they gives some offers, discounts etc to attract peoples" I know Xapo will also do it in future."
But meanwhile why don't enjoy it 

[cryptocoinplay]

@bitbunnny- That is true. I use Xapo and although so far I had no issues and problems there is a risk because of the private key that you don't hold. Seems that fees are quite an issue lately and I don't know how this will be solved. But I know we have the choice. You can use suggested fees and everything will go fine or you can take risk with very low fees.

Yep! I had also focused their wallet is secured with Mobile Verification too. I mean if you are going to send funds you have to put code.
2nd step verification for login is available on others, but this feature is unique!!!

[lite]

@hajimasan - I agree with you but  I will suggest you to look at the new update for such types of wallets that are not charging fee for your transaction .
Here I know the two wallets only which are third party and Secondly cames under many questions recently ( mostly coinbase) .
if you will see at the blog of coinbase and xapo( for xapo not sure ) then you will find that they started to charge for the transactions .
That is good for the development of the coinbase wallet and services because a big amount of earning of the coinbase was losses​ in the paying transaction charges .

Yes. I saw Coinbase started charging for transactions from their new update. This is something like business strategy-
"While they're new in market they gives some offers, discounts etc to attract peoples" I know Xapo will also do it in future."
But meanwhile why don't enjoy it  

Yes xapo will do the same in future. 20k sat fees isn't that high in my opinion.
you can use viabtc's tx acceleration tool if you set lower fees. https://www.viabtc.com/tools/txaccelerator/

[cryptocoinplay]

@jaceefrost - It isn't really not paying fee. Technically it is Xapo which is paying the fee for you. Coins.ph ( a local exchange) also have the same feature where they are the ones paying for your transaction fee. Tho it always isn't a very good option nowadays because they are paying the minimum which I think is around 10k to 25k satoshi which sometimes isn't enough to get your confirmation confirm as fast as you want.

Yep! I'm aware of that. They do it only for their business spreading nothing else.
Tomorrow or in future they will start charging. Meanwhile we can keep enjoying no fee transactions  
Though, direct block is the best and secured way.

Someone said that Xapo doesn't really pays any fees. They do zero fee confirmations and for that they take long time to process the transaction.
I'm not aware of this already..but I hope this isn't anything illegal.

[Silberman]

Nothing new to see here it has been know for a long time that some of those services allow you to send transactions without fees, besides it is not like many users have not thought about that subject for a long time, so every time there is a way around fees the information is shared almost immediately.

[shamzblueworld]

Yesterday, I was talking with my friend that he spends a lot for Bitcoin Transfers for fees.
Using BlockChain that cuts a lot of fees which is necessary but unnecessary for me like peoples. who does little transactions and cuts a lot fees.


What is Bitcoin Network Fee?
Bitcoin Network fee is charged by miners who mine the BTC's and they take this fee for confirming the transaction. I didn't found instant confirmation yet anywhere but Coinbase does it faster than Blockchain I guess.
Anyways, you have to give fees if you use BTC.

How to get rid of this fees?
There's no way! Actually you have to pay the fees in order to get your transaction confirmed.
So this is a necessary thing, but some Service Providers pays the fees from their pocket or take it from zero fee confirmation. There was Coinbase before years doing this to gather new customers.

Today... I want to introduce XAPO Service which is same as Blockchain, Coinbase and let you send BTC's without fees.
I started loving it since I use it. The way of their website security is high, they use bitpay api & block.

Note: XAPO is old and I'm newbie, There's nothing to manipulate if you know this already.
        I'm not promoting any affiliate or referral, just came to share what I found.

       
Shearing Is Caring... My New XAPO BTC Wallet: BTC 3JF19reYGAaowUnQa123rRSUNR82axRQU9

I didn't knew about this so thanks for sharing. But I would like to know how much time does it take for the transaction to complete? Is it instant?

[cryptocoinplay]

@shamzblueworld- I didn't knew about this so thanks for sharing. But I would like to know how much time does it take for the transaction to complete? Is it instant?

If you send more than 0.01 then the transaction processes fast. Less than that shows a note that it may take upto 24 hours. Tough I got transferred 0.0009 within 1 hour!!
So, I never had to wait for 24 hours actually. But as they are third party providers it may take a while more to receive, send , transfer or pending to confirmed.

[LeGaulois]

Transactions from your Xapo wallet to a btc address outside Xapo will be charged a fee of 0.0003375 (more or less like coinbase) and zero if it is about internal transactions between Xapo accounts. As well, transactions Incoming to your wallet equal to 0.00040095 or less are charged with a fee of BTC 0.0002673 and it is automatically deducted from the respective transaction.
So it is the same, we have to pay the fees.... I heard too about casino sites, but i don't see me, sign up in those sites to have a wallet, it's ridiculous

[cryptocoinplay]

Transactions from your Xapo wallet to a btc address outside Xapo will be charged a fee of 0.0003375 (more or less like coinbase) and zero if it is about internal transactions between Xapo accounts. As well, transactions Incoming to your wallet equal to 0.00040095 or less are charged with a fee of BTC 0.0002673 and it is automatically deducted from the respective transaction.
So it is the same, we have to pay the fees.... I heard too about casino sites, but i don't see me, sign up in those sites to have a wallet, it's ridiculous

No! They didn't charged. I had calculated  
Coinbase Have a fee of 0.0004 (40cents) for every transaction.

[beerlover]

It isn't really not paying fee. Technically it is Xapo which is paying the fee for you. Coins.ph ( a local exchange) also have the same feature where they are the ones paying for your transaction fee. Tho it always isn't a very good option nowadays because they are paying the minimum which I think is around 10k to 25k satoshi which sometimes isn't enough to get your confirmation confirm as fast as you want.

We must understand that even with these fees getting paid for us by Xapo or Coin.ph or even if other wallets start doing so the transactions will not arrive faster, in the transaction core code there is a default value to fees that go to miners which you can modify them, and all that those wallets are doing are paying this default value and if you want to make the transaction faster you are going have to manually change the fee value so it becomes priorities.