Sending a transaction to multiple people with the same fees

[erpbridge]

I have never sent the same transaction to multiple people. When I send money to a single person, say I pay 0.0004 in fees. Can I send money to multiple people in the same transaction and pay just one fees for the entire transaction ? 

If so, then is there an online wallet which supports this feature ?

[1714831071]

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[1714831071]

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[MadGamer]

I can't tell you much about online wallets but I know that this is possible using Electrum, Its not a newbie friendly method really but It works just fine. I suggest checking this post to have a better understanding.

[erpbridge]

I can't tell you much about online wallets but I know that this is possible using Electrum, Its not a newbie friendly method really but It works just fine. I suggest checking this post to have a better understanding.

Thanks for that post. It seems to be an year old post and says since its not too common, hence GUI doesn't support it. I am imagining it to be much common now, or atleast some online wallet site supporting it. Also is Electrum the only wallet which offers it as of now ?

[mmo4me.2016]

You can send that way, but have to use the wallet app to allow that, currently I know, with  Blockchain.info you can transfer so.

[FlamingFingers]

I have never sent the same transaction to multiple people. When I send money to a single person, say I pay 0.0004 in fees. Can I send money to multiple people in the same transaction and pay just one fees for the entire transaction ? 

If so, then is there an online wallet which supports this feature ?

No, you can't send Bitcoin to multiple addresses with the same fees used for a single transaction, because your inputs and outputs data size would be bigger (obviously), but paying in a bulk reduces the fees drastically rather than paying one at a time.
Also, I don't think there is an online wallet that would support such feature. There are four wallets that I know support this feature: Electrum; Bitcoin Core; Armory; and Blockchain.info.

[HCP]

Thanks for that post. It seems to be an year old post and says since its not too common, hence GUI doesn't support it. I am imagining it to be much common now, or atleast some online wallet site supporting it. Also is Electrum the only wallet which offers it as of now ?

The Electrum GUI does support it... and it is almost as easy to do as doing a normal send...



As the little popup says, you just type the addresses in the "Pay To" box put a comma and then the amount you want to send. Check this post from the Electrum Docs for an example: http://docs.electrum.org/en/latest/faq.html#can-i-do-bulk-payments-with-electrum

NOTE: the amount will be in the units that you're set in your "Tools->Preferences->Appearance"... BTC, mBTC or bits.

[erpbridge]

Thank you so much for the answer. That looks perfect for my usecase. Onto downloading it now.

If anyone here knows of a website which would allow it as well, please let me know. I am always on the go, and like to have my bitcoins available online.