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Author Topic: what best place to open bitcoins wallet with low fee  (Read 1379 times)
angmau751 (OP)
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April 12, 2017, 11:10:26 AM
 #1

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks
iqlimasyadiqa
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April 12, 2017, 11:24:25 AM
 #2

if you want a web wallet then you can choose xapo. but for me an online wallet like blockchain remains to be the best at this time.
the most important is the security features which are owned by the wallet.
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April 12, 2017, 12:47:11 PM
 #3

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks

You have an option to use jaxx a multicoin wallet or the more secured electrum,where you have control of everything including fee about low fee I doubt if you can expect a much lower fee that you want to give miners unless the core developers solve this issue

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April 12, 2017, 01:04:21 PM
 #4

transaction fee for bitcoin is determined by the network not by your wallet. you only set a different fee there. but you have to pay the fee that the network demands (meaning a high enough fee to have a high priority if you want fast confirmation).

your other options that others mentioned are wallets like Xapo but you will lose your control over private keys and will be left with an account on these sites.

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April 12, 2017, 01:49:11 PM
 #5

if you are looking for a wallet with low fee, I suggest you use coinbase he did not have fee on withdrawals. Cheesy

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April 12, 2017, 02:14:23 PM
 #6

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks
Why change the wallet? you can click on advance and set custom fees! if you don't add recommended fees your transaction might get stuck for long time.

if you are looking for a wallet with low fee, I suggest you use coinbase he did not have fee on withdrawals. Cheesy
users have to pay fees now, coinbase stopped paying for user's withdrawals fees.
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April 12, 2017, 02:28:33 PM
 #7

I suggest you can try learning how to generate transaction using Coinb.in. You can actually decide how much fee you want to include. 100 bits should be sufficient for usual transaction to get confirmed quite quickly. The lowest fee I tried was about 0.25Sat/byte, which got confirmed in 15 hours.
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April 12, 2017, 02:33:36 PM
 #8

There are many options to open a bitcoin wallet for low fees transactions. If you are planning hold a small amount of bitcoin and the source is not from gambling, then I would recommend you to use CoinBase. They have no fees for sending bitcoin to other addresses. So they are best for small amounts.

Blockchain remains the best because of the usability and security features. But it has normal fees for every transaction. You can also choose Electrum wallet if you want to send money to more than one recipient at a time. It would help you to consolidate all the fees together and send money to more than one address. Choose as per your requirement.

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April 12, 2017, 02:34:03 PM
 #9

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks
How much is the current fee on blockchain wallet today? In mycelium you can set your own fee from very low to priority fee. Lowest fee in it the last time I sent was around 22k satoshi.

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April 12, 2017, 02:36:37 PM
 #10

I think xapo it's a great wallet with the low fee. I use it for very long time and am very happy with it. It's very safe ( not complete) and it is regarding fast in transactions. Smiley
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April 12, 2017, 02:46:51 PM
 #11

if you are looking for a wallet with low fee, I suggest you use coinbase he did not have fee on withdrawals. Cheesy
Coinbase has fees these days, I think even Xapo has started static fees on payments to external wallets.

Since the fees are set by the network not by your wallet, I would either stick with Blockchain or move offline.  Blockchain has had bugs and hacking problems in the past, Coinbase is in trouble with the IRS, Xapo's customer support doesn't respond to anyone - online wallet providers are never ideal. 

I would argue that Blockchain is the closest to a decent online wallet there is, but you still don't technically own the Bitcoin and these services are never completely reliable, so it doesn't matter what fees you have, either stay on Blockchain if you need convenience or move offline if you care about your security.

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April 12, 2017, 02:51:05 PM
 #12

As network demands you should comply transactions fee while others do this. Like blockchain remains to be the best and most popular Bitcoin web wallet at this time where chance to control of funds and lower fees. Others web wallet especially Xapo, coinbase might be recommended, anyone you can choose. But little fee must be applied.

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April 12, 2017, 02:54:37 PM
 #13

if you are looking for a wallet with low fee, I suggest you use coinbase he did not have fee on withdrawals. Cheesy
Coinbase has fees these days, I think even Xapo has started static fees on payments to external wallets.

Since the fees are set by the network not by your wallet, I would either stick with Blockchain or move offline.  Blockchain has had bugs and hacking problems in the past, Coinbase is in trouble with the IRS, Xapo's customer support doesn't respond to anyone - online wallet providers are never ideal. 

I would argue that Blockchain is the closest to a decent online wallet there is, but you still don't technically own the Bitcoin and these services are never completely reliable, so it doesn't matter what fees you have, either stay on Blockchain if you need convenience or move offline if you care about your security.
i completely agree with you mate blockhain do have a lots of risk since its really prone to hackers and with xapo and Coinbase they already start collecting fees too, if OP wanted to make low transaction fee better to have an offline wallet where he can set it up depending to the time frame that he needed his btc being send.

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April 12, 2017, 02:56:10 PM
 #14

Never use 3rd-party wallet.


     
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April 12, 2017, 03:10:14 PM
 #15

you can use a desk wallet,then you transfer fee is freedom set by yourself.
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April 12, 2017, 03:10:25 PM
Last edit: April 12, 2017, 03:21:50 PM by JeffBrad12
 #16

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks
All of the wallets will not charge you any more, You can download it for free. The fees just applied to the transaction that you've made and sent to the other wallets. The desktop wallet is a suitable wallet for you. The transaction fees depend on the transaction demand, I mean, if there will more demands using the faster transaction and put higher fees rather than other micro-transaction and it makes the transaction fees will increase. Bitcoin is not charging anything except the transaction fees.

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April 14, 2017, 05:32:04 PM
 #17

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks
You can try coinbase and xapo for feeless internal transaction but i personally don't prefer them as they are not a true bitcoin wallet. All internal transactions they have are off chain transactions which is recorded only in their database.

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April 14, 2017, 06:05:15 PM
 #18

You can try electrum which allows you to set your custom fee but if you like to collect lots of small amount of bitcoin like from faucets try xapo.

 
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April 15, 2017, 12:40:56 AM
 #19

hello
i ask if there any place can open bitcoins wallet on it
with low fee then blockchain
thanks
You can try coinbase and xapo for feeless internal transaction but i personally don't prefer them as they are not a true bitcoin wallet. All internal transactions they have are off chain transactions which is recorded only in their database.

Exactly, OP should prioritize security over miner fees . Online wallets don't give the private key of their users wallet and if you don't have the private key of your wallet, it is technically not yours . Coinbase and xapo don't offer free miner fees for external transactions and trust me most of your transactions are external so just use a more secure wallet like armory for windows and mycelium for android .

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April 16, 2017, 03:16:54 PM
 #20

if you are looking for a wallet with low fee, I suggest you use coinbase he did not have fee on withdrawals. Cheesy
coinbase to coinbase transaction free bt coinbase to other wallet trnsasction fee is 50k satoshi. i am a coinbase user,now itss a great problem for me.
Definitely a great problem to everyone. Now we almost end to paid version at every single transactions. Coming days all web wallet users will pay 100% transactions fee, though right now coinbase to coinbase transaction free. We should ready that time.
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