maryvale
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August 14, 2017, 12:24:33 AM |
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I think you can always choose a less fee, it will take longer to get confirmed, but if it is not a big amount, you should be ok with it.
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Pasutinmeur
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August 14, 2017, 12:35:07 AM |
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and whyy btc is so slow/// when the sigwit will be activated the segwit will be activated in the september, but i don't know about the exact date of segwit activation but it already locked in. Too many people are using bitcoin right now that makes the traffic in the bitcoin blockchain is really high. i think that makes the bitcoin slow.
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CrewKitten
Member
Offline
Activity: 84
Merit: 10
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August 14, 2017, 01:01:03 AM |
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When Segwit is activated the fees will decrease dramatically, not to mention increasing the blocksize and the addition of the lightning network.
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michellee
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August 14, 2017, 05:12:06 AM |
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i think in bittrex, the fee is 0.001 btc too because the last time I am trying to withdraw in early of august, I see the fee is 0.001 btc but I don't know how much the fee now. I am not to active for withdraw because I only withdraw if I need money so I think you need to make sure the fee first. I think the other exchanges is different than bittrex but I am not sure about this.
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szpalata
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August 14, 2017, 05:26:01 AM |
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I think you can always choose a less fee, it will take longer to get confirmed, but if it is not a big amount, you should be ok with it.
Even with that you'll loose some fees in between which is equivalent to that same amount so it's better you ignore and pay. There's no cheap way to bypass the transaction fees.
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seattletu
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August 14, 2017, 07:06:27 AM |
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I think you can always choose a less fee, it will take longer to get confirmed, but if it is not a big amount, you should be ok with it.
Even with that you'll loose some fees in between which is equivalent to that same amount so it's better you ignore and pay. There's no cheap way to bypass the transaction fees. previously wallets like xapo, has no transaction charges at all due to mass payments in order to reduce the fees to zero.But I am not understanding now why they are not following the same.
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Mkmanik (OP)
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August 14, 2017, 12:39:12 PM |
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When Segwit is activated the fees will decrease dramatically, not to mention increasing the blocksize and the addition of the lightning network.
I am also waiting for activated segwit, hope it will decrease the fees of transaaction ob bitcoin. i think in bittrex, the fee is 0.001 btc too because the last time I am trying to withdraw in early of august, I see the fee is 0.001 btc but I don't know how much the fee now. I am not to active for withdraw because I only withdraw if I need money so I think you need to make sure the fee first. I think the other exchanges is different than bittrex but I am not sure about this.
I am a regular user of Bittrex exchange.But not yet withdraw btc from bittrex.I only withdraw Ethereum from my bittrex wallet.but i dont think that bittrex also charge like bitgrail.bitgrail is fucking shit exchange ever i have used. bitgrail is othe then other exchange platfrom and its dedicated for XRB coin.
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Noore Najjar
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August 14, 2017, 12:44:16 PM |
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also happen to me , using coinomi wallet i got 3$ fees for 120$ transaction dont know if that high or low but im sure this is above normal , and transaction goes quickly like some people say higher fast mean faster confirmation , i hope its reduced a little bit tho
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Carlsen
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August 14, 2017, 12:48:55 PM |
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I have already paid a similar sum at exchanges. But I think that is something we have to live with at the moment. Maybe segwit will change that. I suppose a normal transaction will be cheaper then. The fees for withdrawl at exchanges, I would be surprised if they go down. But's that is something that concernes mainly the traders.
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Adbitco
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August 14, 2017, 12:55:34 PM |
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A good tips is don't use This exchanges (Bitgtrail) anymore as they provide some bad service such as what you've found out. My last transaction (just few minutes ago); sent BTC0.0705 and paid BTC0.00061468 fees around $2.4, pretty expensive I guess but still less than yours which even sent fewer bitcoins. And you have to read this https://bitcointalk.org/index.php?topic=1966566.0, so much problems about this exchanges. I agree maybe it's the exchange which charges that much fee, there's another one novaexchange where even if you withdraw 0.002 btc they charge 0.001 btc as fee. I had this experience with them last time when I tried to withdraw some of my btc there so maybe it's different and low on other exchanges
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PacePay
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August 14, 2017, 10:40:45 PM |
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I think you can always choose a less fee, it will take longer to get confirmed, but if it is not a big amount, you should be ok with it.
Even with that you'll loose some fees in between which is equivalent to that same amount so it's better you ignore and pay. There's no cheap way to bypass the transaction fees. It could be true but you all want is just to see the priority can see while you are going for transaction if you want a fast transaction of the time 10 mints you will have to pay the high fees decide for it no cutting will happen in it but in the past the transaction was nearly equal to the free but you can do it only if you are patient enough then because if you want free transaction then it will take some hours or may be the day so I think it will be free for you it depends on your priority of transaction.
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Moneroman88
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August 14, 2017, 10:47:21 PM |
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I usually choose a smaller fee than suggested but I have to say I'm impressed by fast or near-instant transactions of other cryptos. Bitcoin is definitely too slow.
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Mumbeeptind1963
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August 14, 2017, 10:54:47 PM |
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it's normal for an exchanger site to use fee 0.001+ btc if you feel it's expensive you have to sell bitcoin to eth then send to your wallet or maybe direct you sell to fiat.
Yes its kinda big for me. Last time i have been widrawned and the total fee is about that .001 and i dont have any issues with that we must accept the fact that bitcoin has been fully growned now so we need to accept that thing too.
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Rahar02
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August 14, 2017, 11:15:58 PM |
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When Segwit is activated the fees will decrease dramatically, not to mention increasing the blocksize and the addition of the lightning network.
I am also waiting for activated segwit, hope it will decrease the fees of transaaction ob bitcoin. i think in bittrex, the fee is 0.001 btc too because the last time I am trying to withdraw in early of august, I see the fee is 0.001 btc but I don't know how much the fee now. I am not to active for withdraw because I only withdraw if I need money so I think you need to make sure the fee first. I think the other exchanges is different than bittrex but I am not sure about this.
I am a regular user of Bittrex exchange.But not yet withdraw btc from bittrex.I only withdraw Ethereum from my bittrex wallet.but i dont think that bittrex also charge like bitgrail.bitgrail is fucking shit exchange ever i have used. bitgrail is othe then other exchange platfrom and its dedicated for XRB coin. Indeed, bittrex fees.for bitcoin withdrawal is BTC0.001 as well even though my last withdraw in this month was just BTC0.01. Anda exchanges always want a share from their users whether you want to withdraw coins or fiat currency in order to make their site goes well, so make sure you have made enough profits to cover those expenses That's why segwit implementation expected to solve bitcoin fees and confirmation time problems, but it's not work for trading exchanges as they have set certain fees for withdrawal.
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Rizky Aditya
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August 15, 2017, 04:54:10 AM |
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Lmao…you haven’t seen nothing. Seems like all exchangers are charging the same.fee. I also made a withdrawal from Xapo yesterday, and got charged about the same $5 for withdrawal, lol. I don’t really how much other wallets might be charging, but Xapo makes things quite easy for, due to some of the things I had to do.
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lixer
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August 15, 2017, 09:20:18 PM |
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I think you can always choose a less fee, it will take longer to get confirmed, but if it is not a big amount, you should be ok with it.
Even with that you'll loose some fees in between which is equivalent to that same amount so it's better you ignore and pay. There's no cheap way to bypass the transaction fees. previously wallets like xapo, has no transaction charges at all due to mass payments in order to reduce the fees to zero.But I am not understanding now why they are not following the same. Transaction fees are really becoming a problem now. It should be low. If we choose less fee than we have to wait but what if I do not have that much time and I want it instantly. Everyone is trying to make their own profits. Xapo must be doing the same. They know people will not give up on their asset whatever comes in their way.
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marcuslong
Legendary
Offline
Activity: 1036
Merit: 1002
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August 15, 2017, 09:37:18 PM |
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Everytime the bitcoin lrice increases i think the bitcoin fees increase too not unlike before that its free or less fee it wouldn't hurt that much nut now fees kills me its better to hold and withdraw our bitcoin for once its hard to send and send this could be a problem in the future but im thankful that im using our based country wallet
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grermezter
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August 15, 2017, 09:48:28 PM |
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Everytime the bitcoin lrice increases i think the bitcoin fees increase too not unlike before that its free or less fee it wouldn't hurt that much nut now fees kills me its better to hold and withdraw our bitcoin for once its hard to send and send this could be a problem in the future but im thankful that im using our based country wallet
There has been a surge of transaction fees ever since the value of bitcoins surged to new heights, I really thought that after the August 1, the transaction fees are going to reduce significantly but it seems that's not the case at all, I think we should just get used to it now that prices is skyrocketing.
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The_Dark_Knight
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August 16, 2017, 02:29:16 AM |
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You should check what priority you chosen while proceeding the transaction. If you had highest priority of transaction meaning your transaction should be processed within 10 minutes then you have to pay high fees for that. Also note that your transaction fees are x percentage of your transacted amount, so higher the amount of transaction higher are the fees also. So just check those parameter first and then recalculate it.
Unless exchanges manage themselves in a different matter the amount you are sending should be irrelevant to the cost of the fee, the size of the transaction and the speed of confirmation is what determines how much of a fee is what you are going to pay.
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metalbean
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August 16, 2017, 02:51:29 AM |
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I am paying for about 4 USD for my transaction using Electrum.
I am getting 2 confirmations after 10 minutes (~about one block created). Is this normal?
Note: I rebroadcasted the fees so maybe for rebroadcast there is a "double spend" warning, not sure if this causing any delay.
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