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Author Topic: Coinsbank / Xapo  (Read 442 times)
speedup-faucet.com (OP)
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July 20, 2017, 07:18:37 PM
 #1

Anyone here is using Coinsbank or Xapo wallets?
I have 0.00175727 BTC in Coinsbank and 0.00172555 BTC in Xapo.
The thing is I don't use these wallet anymore but it's just a waste if I keep the small amount there.
I'm willing to trade it for 0.001 BTC each.
Means I will transfer the full amount to your Coinsbank / Xapo wallet and you can use other wallet (which can manually set transaction fee) to send me 0.001 BTC.
I don't mind if the transaction fee is low (e.g 20 sat / byte).
Let me know if you are interested.

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dhamijad
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July 21, 2017, 12:49:07 PM
Last edit: July 21, 2017, 01:07:29 PM by dhamijad
 #2

I am looking for something similar. I used to collect faucet from moonbit.co.in, and they sent my BTC to XAPO.

I'm looking for someone who has a XAPO account. I'll send you all my BTC from my XAPO account, so I don't have to worry about XAPO going out of business or future forks (August 1 fork isn't going to happen. phew). I have 0.00101301 BTC in there currently.

The ideal scenario would be if someone had a freebitco.in or coinpot.co wallet. These services also allow you to send BTC between users for free. If you have a XAPO account and a freebitco.in/coinpot.co account, we could do this transaction with no fees for either party. I send you BTC in XAPO, you send me BTC in freebitco.in.

I am not in any rush, so we can keep fees minimal if it comes to that. freebitco.in and coinpot.co offer free BTC withdrawals once a week, so we could do that too.

Sorry for hijacking your thread, but I'm sure there are countless users in the same situation. We should all band together and withdraw one big large sum from XAPO, so the fee is next to nothing for all of us collectively.

Current XAPO fees

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BitcoinMarshal
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July 21, 2017, 10:27:59 PM
 #3

This topic is not belong to this section for better response from members and relative support section please move Service Discussion hope you have positive reply about your issue
dhamijad
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July 21, 2017, 10:44:03 PM
 #4

This topic is not belong to this section for better response from members and relative support section please move Service Discussion hope you have positive reply about your issue

Good idea. Thanks for your feedback. May a moderator please move this thread to "Bitcoin Forum > Economy > Marketplace > Service Discussion" please?

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speedup-faucet.com (OP)
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July 22, 2017, 02:12:43 AM
 #5

This topic is not belong to this section for better response from members and relative support section please move Service Discussion hope you have positive reply about your issue

Good idea. Thanks for your feedback. May a moderator please move this thread to "Bitcoin Forum > Economy > Marketplace > Service Discussion" please?

Thanks for the advise.
I have moved the topic to "Bitcoin Forum > Economy > Marketplace > Service Discussion > Web Wallets" instead.

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July 22, 2017, 05:01:20 PM
 #6

What will be the point to trade such small amounts to a coinbase/xapo wallet when they will charge an equivalent or even a higher fee than this amount? I can understand why you want to move the funds but basically it won't be beneficial for anyone else as well when 0.001 is considered the basic fee for transactions now. May be later it can reduce after Segwit.

Xapo had given sometime to withdraw the funds before they started charging a fee. I withdraw all my funds then and similarly you should have done it but now I guess it's too late. Many have even stopped using this wallet and now since August1st is approaching, people will stop using 3rd part wallets. Still hope you find a buyer.

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July 22, 2017, 06:27:41 PM
 #7

What will be the point to trade such small amounts to a coinbase/xapo wallet when they will charge an equivalent or even a higher fee than this amount? I can understand why you want to move the funds but basically it won't be beneficial for anyone else as well when 0.001 is considered the basic fee for transactions now. May be later it can reduce after Segwit.

Xapo had given sometime to withdraw the funds before they started charging a fee. I withdraw all my funds then and similarly you should have done it but now I guess it's too late. Many have even stopped using this wallet and now since August1st is approaching, people will stop using 3rd part wallets. Still hope you find a buyer.

If you read my post, I mention that nobody will have to pay any fees, if you go through my route. Basically, you will get one free XAPO withdrawal later, when you decide to withdraw.

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July 28, 2017, 11:43:08 PM
 #8

What will be the point to trade such small amounts to a coinbase/xapo wallet when they will charge an equivalent or even a higher fee than this amount? I can understand why you want to move the funds but basically it won't be beneficial for anyone else as well when 0.001 is considered the basic fee for transactions now. May be later it can reduce after Segwit.

Xapo had given sometime to withdraw the funds before they started charging a fee. I withdraw all my funds then and similarly you should have done it but now I guess it's too late. Many have even stopped using this wallet and now since August1st is approaching, people will stop using 3rd part wallets. Still hope you find a buyer.

If you read my post, I mention that nobody will have to pay any fees, if you go through my route. Basically, you will get one free XAPO withdrawal later, when you decide to withdraw.

I can understand your issue but the main issue very small amount. Can you explain how he will get free transaction?

He already paid you either from freebitco.in or coinpot.co wallet or in some other ways then how sender will get a free transaction. They already paid you the full amount from some other site right?
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July 28, 2017, 11:48:25 PM
 #9

What will be the point to trade such small amounts to a coinbase/xapo wallet when they will charge an equivalent or even a higher fee than this amount? I can understand why you want to move the funds but basically it won't be beneficial for anyone else as well when 0.001 is considered the basic fee for transactions now. May be later it can reduce after Segwit.

Xapo had given sometime to withdraw the funds before they started charging a fee. I withdraw all my funds then and similarly you should have done it but now I guess it's too late. Many have even stopped using this wallet and now since August1st is approaching, people will stop using 3rd part wallets. Still hope you find a buyer.

If you read my post, I mention that nobody will have to pay any fees, if you go through my route. Basically, you will get one free XAPO withdrawal later, when you decide to withdraw.

I can understand your issue but the main issue very small amount. Can you explain how he will get free transaction?

He already paid you either from freebitco.in or coinpot.co wallet or in some other ways then how sender will get a free transaction. They already paid you the full amount from some other site right?

Good question. I'll go through it again, and make it a little clearer. So, 1 mBTC is about the same as one withdrawal fee. If you send me 1 mBTC via freebitco.in (no transaction fee), I will send you 1 mBTC via XAPO-to-XAPO (no transaction fee). So, there's an even exchange. Done. The one extra free transaction is a bit of a stretch, but basically here is how it goes. The freebitco.in transaction could take up to two weeks to process (I am in no hurry, so I don't care), but I will be sending you the XAPO now. So, you have 1 mBTC in your XAPO account that you can use for your "free" withdrawal fee without having to deposit into XAPO in the first place (assuming transaction fee of 1 mBTC for depositing 1 mBTC or any other amount here).

I hope that made it clearer. If not, please don't hesitate to ask more questions.

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Pejoh Asu
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July 29, 2017, 04:30:58 AM
 #10

I think the xapo is better, even the latest features of the xapo include 2FA highly secure, that we have to install the application via XAPO playstore and every transaction delivery we have to insert the numbers available in our profile tab.


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