cryptocoinplay (OP)
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March 31, 2017, 06:25:33 AM |
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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
With this your analysis its obvious there is no way we can avoid the fees the best is for us to find a way to reduce it to the barest minimum. Even an exchange site that I use with a free transaction all of a sudden start charging a fixed fee if .0002btc but I still think block chain is the best as it apportion the fee according to the transaction intended to carry out... Blockchain is good but charges fees according to your transaction.
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amacar2
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March 31, 2017, 06:31:39 AM |
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Xapo and coinbase are not actually a bitcoin wallet, they are centralized payment processor and their internal transactions are not truly a bitcoin transaction.
I at all cost try to avoid them because we can't have full control over our bitcoin there. They don't share private keys with you and can lock down your account anytime they want.
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LeGaulois
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March 31, 2017, 05:50:24 PM |
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I am more confused now. They say themselves about the fees applied (cf their own website) and the poster above me telling now we can set our own fees
So far i created a wallet there to try, and sent a transaction to another wallet outside their system, and it's ok no fees have been deducted. But from nowhere i have seen a place to decide the fees i want to set
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Victorycoin
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April 01, 2017, 08:02:57 PM |
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I am more confused now. They say themselves about the fees applied (cf their own website) and the poster above me telling now we can set our own fees
So far i created a wallet there to try, and sent a transaction to another wallet outside their system, and it's ok no fees have been deducted. But from nowhere i have seen a place to decide the fees i want to set
The write obviously didn't know what he was saying. I have been using Xapo for well over a year and there transactions have been with zero fee. Recently, they had to introduces a fee, but that is for transactions less than about 0.00035 BTC, every other transaction I have made above that amount went with zero fee. I don't know about the possibility of setting the fees by ourselves.
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cryptocoinplay (OP)
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April 01, 2017, 08:10:46 PM |
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I am more confused now. They say themselves about the fees applied (cf their own website) and the poster above me telling now we can set our own fees
So far i created a wallet there to try, and sent a transaction to another wallet outside their system, and it's ok no fees have been deducted. But from nowhere i have seen a place to decide the fees i want to set
The write obviously didn't know what he was saying. I have been using Xapo for well over a year and there transactions have been with zero fee. Recently, they had to introduces a fee, but that is for transactions less than about 0.00035 BTC, every other transaction I have made above that amount went with zero fee. I don't know about the possibility of setting the fees by ourselves. I do transactions and they don't charge fees. I usually do 0.01-0.05 !!
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shield132
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April 01, 2017, 09:52:20 PM |
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I didn't know if xapo still continues transactions without fee. They are old and good wallet service with card. If anyone has experience, are transactions quickly confirmed? Also how do they cover transaction fees? Maybe fee from buy/sell bitcoins, am I right? For me transaction fee isn't big problem because my bank sends my btc transactions with so high fees ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) minimum fee from their side is 0.001 BTC and I have to pay only 0.0001 BTC for that. Result is nearly immediate confirms.
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BitMaxz
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BTC price road to $80k
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April 01, 2017, 10:06:34 PM |
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I think coinbase is asking for fee's for every transaction right now because of the miners fee increase .. i just send some few bitcoins in other wallet yesterday and they are asking for miners fee.. unlike before that they don't even asking for transaction fee. For xapo. i have problem with xapo i can't login with my account even my pin is correct by always try again to confirm the verification.. I think only here in my country has no fee for every transaction which is coins.ph. and i think they will change this rule in the future because of the miners fee increased.
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megynacuna
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April 02, 2017, 03:49:04 AM |
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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 Since it is free, does it confirm early?
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danherbias07
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April 02, 2017, 04:01:49 AM |
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Coinbase aint free but the good thing is they charge little like 3000 satoshis or up. Xapo? I think they charge whenever you do transactions that are really low. I guess that is their way to avoid people from doing a lot of withdrawal at the same time which makes the heavy traffic of transaction. Actually they did a good thing but what about those who are earning little who are just doing faucets. We must understand them too. When they withdraw like 100k sats only they will be charged.
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iv4n
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April 02, 2017, 06:21:36 AM |
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I use xapo, or better to say that xapo was my first wallet. In beginning xapo was ideal for me for all low amount transactions, from all the faucets and micro earnings. I still use that wallet for some micro transactions, their android app is also very good, I have it on my phone. All in all xapo is good wallet and they are here for a long time.
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noictib
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April 02, 2017, 06:29:33 AM |
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I use xapo, or better to say that xapo was my first wallet. In beginning xapo was ideal for me for all low amount transactions, from all the faucets and micro earnings. I still use that wallet for some micro transactions, their android app is also very good, I have it on my phone. All in all xapo is good wallet and they are here for a long time.
Since usually I never support third party things , I meant party wallet of of bitcoin beside of the official blockchain . But I also used the xapo for the store of the bitcoin for small earning. In the beginning when I started bitcoin with freebitco.in then I used xapo Instead of blockchain Because I found that xapo is best because if I will use blockchain then surely I will lost one week earning of the freebitco faucet . But Currently I like the blockchain instead more bulk Transaction because after the coinbase news I thinking that may be any problem I can face in the future , so avoid big transition in xapo or coinbase .
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Amph
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April 02, 2017, 06:34:00 AM |
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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 Since it is free, does it confirm early? it's not entirely free, in the sense that they pay the fee for you, and yes it's usually confirm fast, it's not different than when you withdrawn your money form any exchange in terms of speed but in that case you pay for fee, now that i think about ti there are exchange that are very fast in sending you the coina nd only spend 20k satoshi...
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Anarchist
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April 06, 2017, 09:18:23 AM |
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It's not new that xapo doesn't charges miners fees for sending a transaction, but good to know for people who did not know about that. i may switch some BTC to xapo in future
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mattermaster
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April 06, 2017, 06:00:30 PM |
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Yeah , off-coarse Xapo is one of the adopted wallet to avoid transaction fee. It is very secure, multi signature wallet. It is most preferred wallet and i recommend everyone to make it your primary bitcoin wallet
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mrcash02
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April 06, 2017, 09:40:39 PM |
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So, is Xapo having losses from transaction fees?
Aren't they charging their users in any other way?
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Bibite
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April 07, 2017, 01:36:40 PM |
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So, is Xapo having losses from transaction fees?
Aren't they charging their users in any other way?
For sending they don't charge any fees, i tested after reading here, but for small transactions there are fees, see their site to see
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cryptocoinplay (OP)
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May 20, 2017, 10:21:58 AM |
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Bitcoin is doing too much now a days. Asking about $2.00 (Less/More) for every wallet for transfers. This is really very bad for users who do small transaction. I need to send someone $3 and have to pay $2 fee? Thats really embarrassing !!
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tendermartin
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Cryptowhiz
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July 20, 2017, 07:10:49 PM |
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for now i can't find any bitcoin wallet service that charges no transaction/network fees for sending bitcoin but please whichever one any of us comes across should be posted here immediately to update this thread... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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tendermartin
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Cryptowhiz
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July 21, 2017, 08:01:59 AM |
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for now i can't find any bitcoin wallet service that charges no transaction/network fees for sending bitcoin but please whichever one any of us comes across should be posted here immediately to update this thread... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Any progress on this matter
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el kaka22
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July 22, 2017, 03:07:22 PM |
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for now i can't find any bitcoin wallet service that charges no transaction/network fees for sending bitcoin but please whichever one any of us comes across should be posted here immediately to update this thread... ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Any progress on this matter As far as I know, no reputed wallet service providers are not supporting no-fee out-transactions for their customers. Probably switching over to off-chian transactions could be a solutions for you if you are deliberately needing zero fee transactions and you are processing some big number of transactions daily. Xapo to Xapo and coinbase to coinbase transactions are coming with zero fees. You can ask what wallet a person is using and when you are paying them, you can use same wallet type as per him and by asking them to switch over to one single wallet type can be a long term solutions for you. C-cex to c-cex (they are exchanges and NOT an wallet service providers) can be done in off-chain mode or by using code also.
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