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Author Topic: Which web wallet charges the lesser fees?  (Read 935 times)
Retired (OP)
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September 06, 2017, 09:21:32 PM
 #1

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?
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September 06, 2017, 09:52:42 PM
 #2

You should be using a wallet that allows you to customize your fees. Fees are based on the network load and are required for every transaction, so I woulnd't say that there is any wallet that "charges the lesser fees", since those fees are not paid to the wallet provider.

For a web wallet, I would use Blockchain, since they do allow you to customize fees. See which fees are recommended at the moment of your transaction to avoid paying too much without needing.

https://btc.com/stats/unconfirmed-tx
https://bitcoinfees.21.co/


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September 06, 2017, 09:54:16 PM
 #3

I know that customizing the network fee is possible. I was mainly thinking of flat-fee wallets from exchanges.

I need to have the ability of knowing the transaction fees beforehand.
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September 06, 2017, 09:56:21 PM
 #4

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

Lesser fees isn't the concern here since basically most of the web wallets using these fees to ensure that funds will be received in no time. But if you are fine to set it the way you like, then as suggested above used the one in which you can modify the fees. As far as my web wallets is idea is concerned, I think only Blockchain web wallet allows you do it.

But remember, setting up lower fees might take your transaction to be confirmed so long.

Here are my past transactions last week:

Coinbase: ranging from 80k-100k satoshis

XAPO: 150k satoshis for medium transaction and 200k satoshis for higher priority.

Othen than that, I don't have an idea.

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October 21, 2017, 05:50:00 AM
 #5

If you're just gonna send coins to someone here in Philippines, its better to use coins.ph since coins.ph to coins.ph wallet transaction don't require fee.

If not, then coinbase. They have lower fees than capo.
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October 21, 2017, 07:00:47 AM
 #6

If you're just gonna send coins to someone here in Philippines, its better to use coins.ph since coins.ph to coins.ph wallet transaction don't require fee.

If not, then coinbase. They have lower fees than capo.

The same wallet provider to the same wallet address will cost nothing and it's actually free. And with the coins.ph > coins.ph wallet they are free together with coinbase and xapo. But when it comes to lower fees, the most used wallet is blockchain.info. But sometimes the fees are quite too high for me so I'm just letting a couple of minutes pass and will check it again later on, we can adjust the fees to low priority if you don't want to pay higher and you can wait.

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October 21, 2017, 07:55:28 AM
 #7

And with the coins.ph > coins.ph wallet they are free together with coinbase and xapo. But when it comes to lower fees, the most used wallet is blockchain.info.

Coinbase is also free from one Coinbase user to another. But off-platform, Coinbase and Xapo both have pretty high fees. Last time I transacted it was ~0.001 BTC fee for the former and 0.0015 BTC for the latter. Granted, your transaction gets confirmed in the next block, but your transaction could get confirmed in the next block for much less. You'll pay less on Blockchain.info than either, in my experience.

But regarding the OP, I'd just go with a lightweight wallet -- Electrum. No time to sync the chain, connect to trusted nodes if worried about attack, and you can edit the fee manually. I usually just go to 21co's fee page and choose something in the 0-9 block range. It usually gets confirmed within a couple blocks and I pay 0.000027 in fees instead of 0.001. No brainer. Unfortunately, Electrum's fee estimation isn't great, so it's best to enter fees manually based on current network congestion.

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October 21, 2017, 08:22:54 AM
 #8

I know that customizing the network fee is possible. I was mainly thinking of flat-fee wallets from exchanges.

I need to have the ability of knowing the transaction fees beforehand.

I don't think if there's wallet like that, as a customizable transaction fee, like blockchain.info(suggested above), electrum has that feature also, and mycelium but you can't manually edit it but there's a 1 sat/byte fee option there.

And as what others said and what I posted all over and over, that the same wallet provider like coins.ph and coinbase doesn't require a tx fee in every transaction. And with exchanges that requires a minimum fee, like Bittrex with 0.001 BTC and the same with other exchanges.

And knowing the transaction fee, first you have to know what is the size of your transaction before sending, and in mycelium wallet, you can see the size if you want to send BTC so that you can easily know what fee is suitable for the transaction.
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October 22, 2017, 10:19:10 AM
 #9

you asking for the webWallet with lowest fees then you have to use https://freebitco.in/?r=892945
they changing momentanly TRANSACTION FEES 0.00003715 BTC for slow payments send in 24hours
or you can pick instant withdraw: TRANSACTION FEES 0.00027869 BTC and your tansaction will appear in 15min in blockchain..

so if you dont have to make a payment instant you will have low fees!


kind regards
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October 22, 2017, 10:22:30 AM
 #10

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

Blockchain.info

You can set any fee but after that you will regret why you have paid that less fee because your transaction will take a lot of time to get confirmed, Almost all the wallets uses less fee. But the best online wallet is blockchain.info you can set the fee.
Also, you should know what is the normal fee is going per transaction.


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October 22, 2017, 01:11:01 PM
 #11

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

Blockchain.info

You can set any fee but after that you will regret why you have paid that less fee because your transaction will take a lot of time to get confirmed, Almost all the wallets uses less fee. But the best online wallet is blockchain.info you can set the fee.
Also, you should know what is the normal fee is going per transaction.
On blockchain.info wallet you can really set out range of the fees and as being said above you can actually base your fees here https://bitcoinfees.21.co/ on how much is recommended or preferable depending on how you can accept the confirmation times. You can set out fees on blockchain but using this wallet I do always use the recommended ones which I don't really have problem at all but yet if you do make micro transactions then these fees will surely hurt you in.You can set lesser but expect on what would be the outcome.

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October 23, 2017, 04:49:28 PM
 #12

And with the coins.ph > coins.ph wallet they are free together with coinbase and xapo. But when it comes to lower fees, the most used wallet is blockchain.info.

Coinbase is also free from one Coinbase user to another. But off-platform, Coinbase and Xapo both have pretty high fees. Last time I transacted it was ~0.001 BTC fee for the former and 0.0015 BTC for the latter. Granted, your transaction gets confirmed in the next block, but your transaction could get confirmed in the next block for much less. You'll pay less on Blockchain.info than either, in my experience.

But regarding the OP, I'd just go with a lightweight wallet -- Electrum. No time to sync the chain, connect to trusted nodes if worried about attack, and you can edit the fee manually. I usually just go to 21co's fee page and choose something in the 0-9 block range. It usually gets confirmed within a couple blocks and I pay 0.000027 in fees instead of 0.001. No brainer. Unfortunately, Electrum's fee estimation isn't great, so it's best to enter fees manually based on current network congestion.

Yes they both have higher fees so there's a percentage of people that are using them from coinbase > other wallets when sending. Mostly everyone prefer to use blockchain.info because it has a lesser fees and that's what I used for smaller amount of transactions. With electrum, it's a good wallet and I find it secured but yes, that's the part of it where it's fee is also quite high every time I use it, I'm thinking that it's worth of the payment.

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November 01, 2017, 10:10:06 AM
 #13

Blockchain.info wallet i think has the capabilty to customize the fee for every transaction you are going to do. Or i could be wrong. Some web wallets don't have a feature like that. That's why i never use one in my entire life except xapo. But i stopped using their wallet because their support sucks. Make sure you enter a not too low. So i will not get stucked at the process. Anyway, wallets like Electrum and Mycelium is a good wallet. You should try them. I don't really trust web wallets because you don't have full access to you Bitcoin since they are not allow you to hold or access you privates keys. I usually set my fee to .0008 btc/kb when it's not really urgent. I think the funds will receive after 12 hours to 1 day maximum.
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November 01, 2017, 11:51:11 AM
 #14

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

I think all web wallet has the same fee but you can customize the fee, so you can reduce the fee by yourself but remember your transaction takes more longer to get confirmed. But that's okay, you can use txid accelerator nowdays to get fast confirmed.
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November 02, 2017, 07:17:46 PM
 #15

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

I think all web wallet has the same fee but you can customize the fee, so you can reduce the fee by yourself but remember your transaction takes more longer to get confirmed. But that's okay, you can use txid accelerator nowdays to get fast confirmed.

Not all web wallets has the option to customize your fee. Block.io (online wallet for bitcoin, dogecoin, litecoin) has a fee of minimum 0.001 BTC for all amounts that you want to send. If you want to use high priority it is 0.002 BTC.
When I discovered this, I changed quickly to blockchain.info.



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November 02, 2017, 10:28:04 PM
 #16

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

I think all web wallet has the same fee but you can customize the fee, so you can reduce the fee by yourself but remember your transaction takes more longer to get confirmed. But that's okay, you can use txid accelerator nowdays to get fast confirmed.

Not all web wallets has the option to customize your fee. Block.io (online wallet for bitcoin, dogecoin, litecoin) has a fee of minimum 0.001 BTC for all amounts that you want to send. If you want to use high priority it is 0.002 BTC.
When I discovered this, I changed quickly to blockchain.info.
Look at xapo, they don't have the same fee as frmracc is talking about. It has the highest fee for web wallets I guess since I never used other wallets before. Same wallets from exchanges transactions are even for free so that makes it lesser and free. But it's difficult to find this type of transaction as we've got different taste when it comes to wallets. Most of us here do prefer to stay with blockchain.info as it did changed it rates too from being expensive but reduced it afterwards.

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November 02, 2017, 11:26:59 PM
 #17

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

I think all web wallet has the same fee but you can customize the fee, so you can reduce the fee by yourself but remember your transaction takes more longer to get confirmed. But that's okay, you can use txid accelerator nowdays to get fast confirmed.

Not all web wallets has the option to customize your fee. Block.io (online wallet for bitcoin, dogecoin, litecoin) has a fee of minimum 0.001 BTC for all amounts that you want to send. If you want to use high priority it is 0.002 BTC.
When I discovered this, I changed quickly to blockchain.info.
Look at xapo, they don't have the same fee as frmracc is talking about. It has the highest fee for web wallets I guess since I never used other wallets before. Same wallets from exchanges transactions are even for free so that makes it lesser and free. But it's difficult to find this type of transaction as we've got different taste when it comes to wallets. Most of us here do prefer to stay with blockchain.info as it did changed it rates too from being expensive but reduced it afterwards.
I don't really want to you web wallet anymore because you don't have to manually change your miners fee.. unlike other wallet like electrum this is lite version of bitcoin core that i think can be easily to use.. Online web wallet has more risky because anytime soon they can be hack oir bruteforce unike wallet in desktop that if you disconnect from the internet you are safe or install antivirus cryptocurrency supported that i think you coins are safe the same like mine that my wallet still alive..

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November 03, 2017, 07:06:45 AM
 #18

I think currently the smallest wallet fee is blockchain.info, I've used some wallet like coinbase, xapo, blocktrail, green address and so on, all above 75k, whereas with normal service blockchain.info only 9k while service priority 11k.

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November 03, 2017, 08:31:05 AM
 #19

I am trying to find the best wallet to send transactions.

Which web wallet charges the lesser fees?

I think all web wallet has the same fee but you can customize the fee, so you can reduce the fee by yourself but remember your transaction takes more longer to get confirmed. But that's okay, you can use txid accelerator nowdays to get fast confirmed.

Not all web wallets has the option to customize your fee. Block.io (online wallet for bitcoin, dogecoin, litecoin) has a fee of minimum 0.001 BTC for all amounts that you want to send. If you want to use high priority it is 0.002 BTC.
When I discovered this, I changed quickly to blockchain.info.
Look at xapo, they don't have the same fee as frmracc is talking about. It has the highest fee for web wallets I guess since I never used other wallets before. Same wallets from exchanges transactions are even for free so that makes it lesser and free. But it's difficult to find this type of transaction as we've got different taste when it comes to wallets. Most of us here do prefer to stay with blockchain.info as it did changed it rates too from being expensive but reduced it afterwards.
I don't really want to you web wallet anymore because you don't have to manually change your miners fee.. unlike other wallet like electrum this is lite version of bitcoin core that i think can be easily to use.. Online web wallet has more risky because anytime soon they can be hack oir bruteforce unike wallet in desktop that if you disconnect from the internet you are safe or install antivirus cryptocurrency supported that i think you coins are safe the same like mine that my wallet still alive..
Do you mean use? Electrum has it's adjustable fee but look at it's cheapest suggested fee it's still quite high. We do know about online wallets are vulnerable of hacking and as we use them we must be aware that most of the web wallets that we are using aren't disclosing our own private keys. I tried to transact with blockchain.info today but it's quite the fees are high now unlike before the pump of bitcoin as it enters $7,000.

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November 04, 2017, 08:03:31 AM
 #20

From my point of view blockchain and coinbase wallet charges less charges fee and they are used by many peoples in the world so i would also suggest you to use these wallets for storing your btc and eth and these wallets are also offering to store eth and ltc in them.
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