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Author Topic: Is there any wallet which is free for transactions  (Read 790 times)
BitcoinzB
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May 30, 2017, 02:23:53 PM
 #21

As I know xapo was the one which was fee free wallet. I didn't use it, I prefer Bolckchain, mostly because of I use this wallet from the most beginning and about xapo I have found only couple months ago.
My BTC earnings also are not so high, but I'm satisfied with that fee value that Blockchsin wallet takes.
Yes xapo used to cover all the fees until some time ago, now not anymore (unless you're moving bitcoin within their platform so from xapo wallet to xapo wallet). same applies for coinbase.
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BitMaxz
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May 31, 2017, 02:10:26 AM
 #22

After xapo is there any other wallet or any exchange wallet which will not charge any fees from me for my transactions. I mean which will pay the miners fees from themselves and we will get all of the bitcoin without any deduction.

Xapo was free, Coinbase was free too, this has been changed because the transaction fees has been increased because of the high number of unconfirmed transactions.

But one thing that I have noticed is that if you make transactions inside xapo or inside coinbase then you dont have to pay fees and the transaction is instant.
If its coinbase to coinbase no fee but if you are transaction outside in coinbase or xapo they will ask for the fee.
This is the same as our local wallet here in my country but we have an option here that we can pay without fee but the problem it takes hours before it can be process well sometimes i use them just to save for miners fee..

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May 31, 2017, 03:22:14 AM
 #23

I think there is no wallet offering such service (paying the fees for on behalf of its users) . Coinbase and Xapo offered this feature but not anymore yet because the bitcoin's price is increasing highly, and so the fee's value increased as well.

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May 31, 2017, 04:09:27 AM
 #24

Does anybody read the thread? Only the last 5 posts alone are almost exactly the same; that message was said over a dozen times already - in this thread.

So if anybody didn't find out:
Xapo and Coinbase used to be free, but aren't free anymore. Only Xapo-Xapo or Coinbase-Coinbase transactions are free. And no, there are no other wallets with free transactions.

Oh, this was already mentioned a few times...


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June 02, 2017, 03:44:36 PM
 #25

Why you are looking for transaction fees free wallet? Without fees (miner fees)you cant able to send bitcoin. coinbase was a wallet of fees free.but nowadays its taking fees. but coinbase to coinbase transaction are still free of charge.

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June 02, 2017, 05:42:38 PM
 #26

A word of explanation: bitcoin transactions were never free. The fee is designed to be tip for people who keep it alive - miners.
Online wallets like Xapo or Coinbase used to pay fees for your BTC transaction - we can say that it was their promo offer,
designed to bait people into using their services. When bitcoin tx fee started to become ridiculously high, it is no longer possible to pay tx fee for every user.

The only way to have tx fee-free transaction is to use off-chain method to transfer coins. There are no on-chain wallets which will pay tx fee for you anymore.


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June 05, 2017, 04:20:37 AM
 #27

Xapo to Xapo and Coinbase to Coinbase is totally free, because their transactions are off-chain, totally on their site. Another reason why you technically shouldn't trust them. You don't have access to your own private keys, and your bitcoins aren't even in the same wallet most of the time. They are just numbers that their server moves around, like credit. You don't have a specific wallet assigned to you. It's ugly.

The problem with super high fees nowadays I'd getting worse and worse. Its understandable that Coinbase and Xapo have to stop paying fees because they're getting horrendously expensive.
I am quite sure that Coinbase to any other wallet is free too. I have used Coinbase and it has paid the transaction fees for all my transactions other than the ones that I have physically added a fee to improve the transaction times.

Moreover, another problem with using a 'wallet which is free for transactions' is that the confirmation times can vary incredibly. It can increase incredulously. I would not suggest you use such a wallet. If you are using a wallet, like Coinbase, make sure to add an appropriate transaction fee.
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