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Author Topic: LocalBitcoins fee's  (Read 1113 times)
Addisonbt
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December 15, 2017, 07:40:13 PM
 #21

Current outgoing bitcoin network: 0.0000981 BTC
                            Current outgoing bitcoin network: 0.00008335 BTC
                            Current outgoing bitcoin network: 0.00008329 BTC
             Current outgoing bitcoin network: 0.00009147 BTC
             Current outgoing bitcoin network: 0.00021447 BTC
             Current outgoing bitcoin network: 0.00021361 BTC
             Current outgoing bitcoin network: 0.00020941 BTC
             Current outgoing bitcoin network: 0.00020538 BTC
             Current outgoing bitcoin network: 0.0002023 BTC
             Current outgoing bitcoin network: 0.00020727 BTC
             Current outgoing bitcoin network: 0.0002198 BTC
today             Current outgoing bitcoin network: 0.00020668 BTC
Wipro
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December 15, 2017, 09:04:17 PM
 #22

Current outgoing bitcoin network: 0.0000981 BTC
                            Current outgoing bitcoin network: 0.00008335 BTC
                            Current outgoing bitcoin network: 0.00008329 BTC
             Current outgoing bitcoin network: 0.00009147 BTC
             Current outgoing bitcoin network: 0.00021447 BTC
             Current outgoing bitcoin network: 0.00021361 BTC
             Current outgoing bitcoin network: 0.00020941 BTC
             Current outgoing bitcoin network: 0.00020538 BTC
             Current outgoing bitcoin network: 0.0002023 BTC
             Current outgoing bitcoin network: 0.00020727 BTC
             Current outgoing bitcoin network: 0.0002198 BTC
today             Current outgoing bitcoin network: 0.00020668 BTC

Explain me this fees is for what. I am also using localbitcoins more than 2.5 years. Now recently they have added the deposit for the every input transaction on depositing the bitcoins to it.
I see bitcoin deposit fees as 0.00061 BTC for every deposit for the transaction. I think you mean here about the transaction fee inside the lbc wallets. Am I right bro?
If there is fee as network for traders alone, that too explain me.
timerland
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December 15, 2017, 10:52:36 PM
 #23

Current outgoing bitcoin network: 0.0000981 BTC
                            Current outgoing bitcoin network: 0.00008335 BTC
                            Current outgoing bitcoin network: 0.00008329 BTC
             Current outgoing bitcoin network: 0.00009147 BTC
             Current outgoing bitcoin network: 0.00021447 BTC
             Current outgoing bitcoin network: 0.00021361 BTC
             Current outgoing bitcoin network: 0.00020941 BTC
             Current outgoing bitcoin network: 0.00020538 BTC
             Current outgoing bitcoin network: 0.0002023 BTC
             Current outgoing bitcoin network: 0.00020727 BTC
             Current outgoing bitcoin network: 0.0002198 BTC
today             Current outgoing bitcoin network: 0.00020668 BTC

Explain me this fees is for what. I am also using localbitcoins more than 2.5 years. Now recently they have added the deposit for the every input transaction on depositing the bitcoins to it.
I see bitcoin deposit fees as 0.00061 BTC for every deposit for the transaction. I think you mean here about the transaction fee inside the lbc wallets. Am I right bro?
If there is fee as network for traders alone, that too explain me.

The fees that he listed is actually for outgoing network fees, which means that if you want to withdraw money from your localbitcoins account to conduct an onchain transaction then you will be expected to be deducting this amount from your withdrawal.

The incoming fee seems to be extremely costly right now, actually more than $10(0.0006+ BTC).

i think that to make this fair perhaps they should make the outgoing and incoming fees even. I get that they want to prevent small inputs from being sent to them, but this isn't balanced. The incoming deposits are paying way too much.

Smiley
rifiuti
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December 19, 2017, 11:02:35 PM
 #24



This is bullshit. %7 deposit fee?
Hhampuz (OP)
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December 19, 2017, 11:09:20 PM
 #25



This is bullshit. %7 deposit fee?

I think it is a fixed amount regardless of how much you deposit but indeed, They are charging me around $15 at current rates for every deposit I make, which sucks.

Can't believe more people are not concerned about this, I mean.. Deposit fee? Makes absolutely no sense to me lol.

rifiuti
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December 20, 2017, 11:31:43 PM
 #26



This is bullshit. %7 deposit fee?

I think it is a fixed amount regardless of how much you deposit but indeed, They are charging me around $15 at current rates for every deposit I make, which sucks.

Can't believe more people are not concerned about this, I mean.. Deposit fee? Makes absolutely no sense to me lol.

Indeed, it's quite absurd.
Hhampuz (OP)
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December 20, 2017, 11:36:30 PM
 #27



This is bullshit. %7 deposit fee?

I think it is a fixed amount regardless of how much you deposit but indeed, They are charging me around $15 at current rates for every deposit I make, which sucks.

Can't believe more people are not concerned about this, I mean.. Deposit fee? Makes absolutely no sense to me lol.

Indeed, it's quite absurd.

Just as a contrast.. Poloniex charges you NOTHING for depositing and they only charge you 0.0002BTC for a withdraw. Ha..

rifiuti
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December 23, 2017, 01:56:48 AM
 #28



This is bullshit. %7 deposit fee?

I think it is a fixed amount regardless of how much you deposit but indeed, They are charging me around $15 at current rates for every deposit I make, which sucks.

Can't believe more people are not concerned about this, I mean.. Deposit fee? Makes absolutely no sense to me lol.

Indeed, it's quite absurd.

Just as a contrast.. Poloniex charges you NOTHING for depositing and they only charge you 0.0002BTC for a withdraw. Ha..

Localbitcoins vs any other exchange comparison is not a healthy one, in my opinion. They are totally different.

Even though I dislike their deposit fee a lot, currently they got the most liquid platform for BTC to Fiat.
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