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Author Topic: Xapo fees is too high.  (Read 3500 times)
sunsilk
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September 11, 2017, 12:18:26 PM
 #61

leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.



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September 11, 2017, 06:19:02 PM
 #62

leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

sunsilk
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September 12, 2017, 09:54:51 AM
 #63

leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

Thanks for verifying it. I forgot that thing about xapo, they suck on receiving small transactions.

They are going to charge you with higher fee than the small amount that you are about to receive. And that's why xapo is no longer good.

An update also that they will no longer operate for bitcoin debit card holders outside Europe.



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Adbitco
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September 13, 2017, 09:32:10 PM
 #64

I used to use it in the past a lot and it used to be my favorite wallet but ever since they started charging such high fee for transactions I stopped using it completely. Though their fee structure provides for both standard priority fee and high priority fee and they say the fee doesn't go to them but I doubt if they don't keep some fraction of it plus the fee is applied on incoming transactions too I don't think xapo is worth using now.

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September 13, 2017, 11:38:14 PM
 #65

leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

Thanks for verifying it. I forgot that thing about xapo, they suck on receiving small transactions.

They are going to charge you with higher fee than the small amount that you are about to receive. And that's why xapo is no longer good.

An update also that they will no longer operate for bitcoin debit card holders outside Europe.
Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..



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September 14, 2017, 09:09:06 AM
 #66

I have stopped using Xapo as a bitcoin wallet because there is no options for the users to customize the transaction fees, since the price surge in bitcoin, miners transaction fees have become extremely expensive because of bitcoin values, so I prefer to use a bitcoin wallet that allows me to set my own transaction fees whenever I send bitcoins out of my wallet.
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September 14, 2017, 02:54:55 PM
 #67


Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently.

For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees.

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September 15, 2017, 05:21:28 PM
 #68


Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently.

For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees.
I dont know why some people do make use on exchange wallets.They do really charge huge fees which is more than on the regular charge of the network.Just like on my local wallet provider they do really charge up ridiculously high this is why i decide to make use electrum instead on having your own private keys you can anytime adjust your fees according to your own decision.



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Pejoh Asu
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September 18, 2017, 08:41:45 AM
 #69

This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

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Potato Chips
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September 18, 2017, 11:54:24 PM
 #70


Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

Im agree that sometimes it was having a difficulty loading the login page eventhough I have a good internet speed. But it's not always happen and overall my login is smooth. By the way, you can withdraw all your bitcoins there I just did it recently.

For people who don't want exchanges fees, use a wallet where you can your own fees so you won't be bothered anymore about dealing with the high fees.
I dont know why some people do make use on exchange wallets.They do really charge huge fees which is more than on the regular charge of the network.Just like on my local wallet provider they do really charge up ridiculously high this is why i decide to make use electrum instead on having your own private keys you can anytime adjust your fees according to your own decision.

Its because of lack of knowledge most probably. i mean if you know something better and you can literally reach it why won't you go there? this solves the question why most newbies uses exchanges and online wallets as their main wallet. the other reason i could think of is because theay don't have the gadgets for it e.g. pc for windows wallet or mycelium for android/ios

This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

wow, so you're saying its okay to pay large amount of miner fee just to become a loyal user lol? please refer to https://bitcoinfees.21.co/ they state the fastest and cheapest fee real time as of now its 40000 satoshis which is really cheaper than xapo. imagine how much you can save if you are paying cheaper miner fees than xapo in every transaction you made and don't forget to add the fact that bitcoins price is rising


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passwordnow
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September 19, 2017, 12:24:34 PM
 #71

This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

Seriousky 92,000 satoshi's for each transaction that will be prioritized? 70,000 satoshi's is still too big for me. That's why I never use them again, they are charging higher fees, they are business but that's too much. We are into crypto currencies because we are avoiding big fees from centralized transactions. If that makes you a loyal user, wait for some updates for xapo and let's see if you'll stay if they'll asked for another increase.



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September 21, 2017, 09:17:08 AM
 #72

This might be a good input for the XAPO team, now their priority fee being around 92k satosi, some time ago I sent bitcoin using XAPO for a normal fee of around 70k and a priority of about 92k, I'm happy with all of this, because it makes me a user the loyal.

That's still high, I will not going to change my web wallet. I'm good with blockchain.info before everyone loved to use xapo but change of their terms and service is killing their business. They are even limiting the usage of their debit card. They should be aware that the fees now are quite lower than before and their customers are starting to leave them. I'll be back to them when they started to lower the fees.


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September 23, 2017, 04:22:03 AM
 #73

Almost all bitcoin transaction costs are expensive, this is not just happening in xapo but coinbase and blocktrail too, I expect the bitcoin transaction fee as it used to be for free.

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September 25, 2017, 10:28:53 AM
 #74

leave it and use coinbase wallet.its free from charge when you make transaction coinbase to coinbase wallet.

I'm not a xapo user anymore and correct me if I'm saying it wrong that xapo is the same with coinbase that xapo to xapo wallet is for free.

And some other exchanges does have this feature to their users. Better to use blockchain.info they are now neutralized in terms of the fees.

Their fee is quite very low now.
You are correct. Xapo to Xapo transfers are free, same like Coinbase off-chain transfers.
But Coinbase is better at one aspect - they don't charge fees for receiving small transactions.
Blockchain.info isn't a perfect wallet, but they are better than these centralized wallets.

Thanks for verifying it. I forgot that thing about xapo, they suck on receiving small transactions.

They are going to charge you with higher fee than the small amount that you are about to receive. And that's why xapo is no longer good.

An update also that they will no longer operate for bitcoin debit card holders outside Europe.
Xapo is honestly good in faucet before but right now if you receive faucet earnings its not worth it to withdraw because of the fee..
I stop using it not only about the fee also i am always having hard to login in their website even i clear browser and cache.. and you can not withdraw all your bitcoins there you need to leave few bitcoins..
If you really wanted to control your fee better to choose a wallet like electrum as a good wallet since before never had any issue when using it..

I know about that and I'm one of those people that are using them before when I started on claiming with faucets because they are friendly with people who are earning low amount.

And the changes made everyone stop them to use especially those small amount claimers because the fees are even higher rather than their sending amount.

Almost all bitcoin transaction costs are expensive, this is not just happening in xapo but coinbase and blocktrail too, I expect the bitcoin transaction fee as it used to be for free.

I disagree, I have transactions for now and they aren't really expensive.



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September 26, 2017, 10:14:18 AM
 #75

Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

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September 27, 2017, 12:10:37 AM
 #76

Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

Xapo is becoming to lose their popularity because of that changed of rule that they made. It's not even applicable because they can just simply get a smaller fees just like what blockchain.info is doing. But it looks like they want to make profit out of the transaction of people even with smaller volumes and doesn't want to offer anymore a free transaction or help for small time bitcoiners or traders. I wish that they will change this regulation and will be back again for free or if not, with lowered fees.



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1Referee
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October 02, 2017, 03:21:26 PM
 #77

Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

Sorry, but in todays standards, even at current levels, that's nothing more than dust. In general, it's pointless to transact with such insignificant amounts due to the fees that are equally as high, or mostly even higher. Another thing is that miners tend to ignore such transactions for a good while, till there is nothing better to include in their blocks, financially speaking. I support any wallet service that is following such measures in order to prevent the network from being choked by such insignificant transactions. Every wallet service is suited for daily use, but there are too many people looking to save a few satoshis here and there, and thus write down these services as being 'not suited for frequent use'.

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October 03, 2017, 02:46:04 AM
 #78

they can just simply get a smaller fees don't worth using this wallet have much better options on the market
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October 03, 2017, 05:46:59 PM
 #79

they can just simply get a smaller fees don't worth using this wallet have much better options on the market

It's their decision of increasing the fees, most of the web wallets now aren't free and they are not offering a service that's for free now.

Yes, and the thing that makes me less happy with xapo is that we can not accept bitcoin in less than 35k satoshi, of course xapo is not suitable for everyday use.

They don't want to accept lower amount of satoshi's now as they are into bigger transactions but still they have their cold storage which is also a good service from them.

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October 03, 2017, 08:49:44 PM
 #80

they can just simply get a smaller fees don't worth using this wallet have much better options on the market

It's pointless for any service to lower and then to increase its fees constantly -- it will result in confusion and a lot of unhappy customers. People have been spoiled previously with free external transactions, and now act like something very precious has been taken away from them. People should understand that wallet services are businesses looking to make profit, and thus aren't charities to help the cheapskates here to move their faucet pennies. It is it really that difficult to place yourself in the shoes of the business in question?

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