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Author Topic: Bitcoin Wallet without transaction fee  (Read 9414 times)
novemberwoah
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July 18, 2017, 02:49:44 PM
 #21

I have never heard of a bitcoin wallet without transaction fees, to my knowledge all bitcoin wallets have transaction fees. If a bitcoin wallet with a low transaction fee might be there, but if the bitcoin wallet is without transaction fees I do not know about it. No wallet developer will make a wallet with no transaction fees because I'm sure they want to take profit from the wallet that has been developed. If there is a bitcoin wallet with no transaction fee, maybe the transaction will take a very very long time.
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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July 18, 2017, 02:53:11 PM
 #22

Have you looked into using Xapo with it's off-chain options yet? Only thing is, the merchant or friend also need to be registered with Xapo to

transfer coins to them, without fees. The transactions is also instant, but once you withdraw the bitcoins from Xapo, the miners fees are then

applicable. They also have a debit card with fees, if you need that.  Wink

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giveen
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July 18, 2017, 02:55:50 PM
 #23

It's over those days are gone now in the coming future we may not see any wallet which offers us to send transactions without charging fees , even if you come across one don't just blindly go and deposit all your coins in it as they may want to take the advantage of the current situation and earn profit.
Just pay the fees man if your sending amount is high fees is nothing or use alts if you have so much problem with fees.
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July 18, 2017, 03:08:22 PM
 #24

try coin base.it has no transaction fees.
dillpicklechips
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July 18, 2017, 04:43:51 PM
 #25

the bitcoin transactions fees have always been very low for the past 8+ years except for a couple of months this year. and currently we have been back to the low fees again since the mempool is empty.

any bitcoin wallet only does the network fee thing, they don't take fees for themselves! that means there is no difference unless they suggest high fees because of broken code (which is not common).

the only case you don't pay fees is when you don't use a bitcoin wallet and instead give up control over your funds to a third party and get an account with them in return and put all your trust in their service. example: coinbase. in this case when you make transactions between accounts (off-chain and only to another coinbase account) you don't pay any fees.

Like you said, there are wallets that offer no transaction fees if you send bitcoins to another in the same wallet but if you talk about sending it to external wallet then there will be a fee. In our country, we have this kind of wallet which is trusted and registered officially as a business also it is the leading local wallet that's why it is used better in trading locally with no fees.

If you are talking about sending bitcoins from a wallet to another wallet then unfortunately there is none.

try coin base.it has no transaction fees.
Only applicable from coinbase wallet to coinbase wallet but if you send it to another wallet then there will be a fee.
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July 18, 2017, 04:49:34 PM
 #26

You are probably newer than me in this, currently there is no such wallet because someone has to pay the TX fee (to get confirmed by the miners, you can send a no-fee transaction but it take days for it to get confirmed).
There are few gambling sites covering the TX fees but you have to use the funds, as they don't endorse using them as wallets.
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July 18, 2017, 06:18:38 PM
 #27

Its impossible to find a wallet without transaction fee or even there are some site that accept no fee for every transaction they are scam..
Before i was using xapo and coinbase they are not asking for the fee before but right now they are asking for the fee unlike before..
I recommend to use electrum instead if you want to control your transaction fee or use blockchain wallet as alternative you can put cheaper transaction fee but you should check it in https://bitcoinfees.21.co
And choose the cheaper fee and edit your transaction fee because in other wallet you can only pay fee with their estimation unlike other wallet that you can choose how much you want to pay..



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izza123
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July 18, 2017, 06:50:11 PM
 #28

You cannot complete transactions on the network without fees, they will never confirm. The fees is what you use to pay the miners to confirm your transaction.
Drnice
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July 18, 2017, 07:29:34 PM
 #29

Hi,

Can anyone suggest me best Bitcoin Wallet without transaction fee

Thanks

I really don't think there is any Bitcoin wallet that is of "transaction free" cause am sure through the fee they use it for maintenance of their systems an other things like that.
aeternus
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July 18, 2017, 09:20:55 PM
 #30

Hi,

Can anyone suggest me best Bitcoin Wallet without transaction fee

Thanks
There is not such a thing, you can send a transaction without a fee if that is what you are referring to, but the transaction is probably never going to be confirmed, the fees are necessary to maintain the miners that secure the network watch a video or two on youtube so you get a better understanding about the way bitcoin works.
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July 18, 2017, 09:30:56 PM
Last edit: July 20, 2017, 03:47:53 PM by LeGaulois
 #31

Cryptopay was not deducting any fees on outgoing transfers until recently, 2-3 weeks ago. Now there isn't any except Paymium (but it's not a wallet, it's an exchange) There is a wallet with low transactions fees but I don't remember the name...Airbitz or a name similar (and possibly it's a Mobil wallet) I saw a lady on twitter showing us she needed to pay something like $0.15 to make the transaction. Another cheap alternative is Bitwala that let you choose the fees you agree to pay. But in this case, there are lot of wallets that let you choose the fees

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July 18, 2017, 09:34:19 PM
 #32

It is impossible to make bitcoin transactions without the fee. Simply they aren't going to be accepted.
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July 19, 2017, 06:11:22 AM
 #33

I don't think there is any Bitcoin wallet which accepts zero fees. Even if you manage to send transactions with zero fees, the chances of them confirming are very very low.
That's correct. Don't know why you even need such wallet. There is some online wallets with very low transaction fees, don't be too greedy, at least you are going to be sure that your transactions will be provided and approved and I think that's the main point.

You can use most wallets. Just set the transaction fee to 0. It will probably never confirm. Why don't you want to pay any fees ?
You can't get something for nothing and the fees have become less expensive recently.
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July 26, 2017, 08:41:15 AM
 #34

The sad thing is that for newer adopters, they will probably never know how its like to pay a 0.05cents for a Bitcoin transaction. I have not been in btc for a long time, I bought my first btc 2015 and transaction fees were extremely low. Those days are long gone. Bitcoin Core developers don't care if we pay $100 per transaction.
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August 18, 2017, 09:00:54 AM
 #35

Hi, newbie  & I'm a London black cab driver.. I currently take credit cards & pay 3% fee.. the passenger pays none only the metered fare..
The high % transaction fee for me to accept bitcoin makes it uneconomical to accept it over c/c...My average fare is £10-15....
Will or can that % fee ever change ?..
How can mass adoption of bitcoin (or any other crypto ) ever occur ? If that is a goal..

Ive just got breadwallet on iPhone, signs in the cab  and will accept bitcoin from next week...but more for discussion & interest ...if I get a £100 fare I wouldn't accept bitcoin if the fee is over 5%





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August 18, 2017, 09:06:14 AM
 #36

Take transaction fee as your guarantee that your transaction is confirmed and safe. Nothing is for free these days, and I have never heard of wallets with zero fees. It is just something that has to be paid.
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August 18, 2017, 09:10:02 AM
 #37

Coinbase is the world’s most popular way to buy and sell bitcoin and ethereum. Coinbase is the world’s most popular bitcoin and ethereum wallet. We make it easy to securely buy, use, store, and accept bitcoin, and ethereum. Coinbase for iOS has been designed from the ground up to to provide the best possible
Send and request bitcoin and, send bitcoin, and ether via email, QR code, with zero transaction fees.Bank level security means your bitcoins and ether are safe.

That's funny. There is no transaction fee because that's not a BTC transaction at all. It's just a transfer of IOU.
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August 18, 2017, 09:15:58 AM
 #38

Thanks for reply..
Of course & as a merchant I would expect to pay some kind of fee..
so is the mass adoption of bitcoin into everyday life a goal ?
Or just a store of value ?..
Sorry if these questions are a little nieve...
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August 18, 2017, 11:01:32 AM
 #39

Hi,

Can anyone suggest me best Bitcoin Wallet without transaction fee

Thanks

Transaction fee is essential to bitcoin transactions, it works as an incentive for the miners for their work. Looking for a way where you don't have to pay any fee for the transactions at all means you don't want any transactions to take place. It would be better op if you tried to look for wallets charging low fee instead of no fee at all. Blockchain.info wallet has incorporated dynamic fee structure in their wallet which sets fee for your transactions as per network traffic, if there's too much congestion you will be required to add some extra fee to the normal transactions for it to get confirmed and during the time when there's less network congestion you will be charged much less fee. I don't know if there exists any wallet where you don't have to pay any fee but I would advise you to try to find a wallet with low fee instead of no fee at all

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August 18, 2017, 11:19:21 AM
 #40

Bitcoin wallet without transaction fee is impossible because by the transaction fees that we are paying, we also giving some of those fees to the company of the wallet so they can earn profits and sustain their service for us. Transaction fees are also being paid to the miners who consistently confirm the transactions and also support the network.
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