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Author Topic: Wallets with low transfer fees  (Read 272 times)
steven915 (OP)
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October 20, 2017, 01:03:26 AM
 #1

Can anyone recommend me a good and trusted wallet that I can store bitcoin/eth on for a long period of time? Possible one with low transfer fees?

TryNinja
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October 20, 2017, 01:25:14 AM
 #2

Just so you know, fees are the same in every waller in the market. The difference is that some wallets won't let you customize your fees and other will recommend you a fee that is higher than the one required. This means that the best option is to choose a wallet that lets you have full control over your fees.

The best options are: Electrum for Bitcoin, and MyEtherWallet for Ethereum. Both let you choose your fee before sending a transaction and have full access over your private keys. Just remember to save your Electrum seed and your MEW wallet file/private key to avoid losing your funds in the future.

[1] https://electrum.org/
[2] https://www.myetherwallet.com/

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Intensity
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October 20, 2017, 02:43:34 AM
 #3

For mobile, Airbitz for BTC allows the option to adjust fees for sending.
steven915 (OP)
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October 20, 2017, 02:51:13 AM
 #4

Just so you know, fees are the same in every waller in the market. The difference is that some wallets won't let you customize your fees and other will recommend you a fee that is higher than the one required. This means that the best option is to choose a wallet that lets you have full control over your fees.

The best options are: Electrum for Bitcoin, and MyEtherWallet for Ethereum. Both let you choose your fee before sending a transaction and have full access over your private keys. Just remember to save your Electrum seed and your MEW wallet file/private key to avoid losing your funds in the future.

[1] https://electrum.org/
[2] https://www.myetherwallet.com/

Alright thanks, I'm using EXODUS and Mycelium at the moment, I'm kind of curious at mycelium where you're given a choice to pick a low priority transfer or high priority, where you'd choose how many sats/kb you'll be getting. I'm thinking if I'd choose the lower one will that decrease my transfer fee?
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October 20, 2017, 03:04:08 AM
 #5

For both with less complexity: Coinbase
otherwise you may choose myetherwallet for ETH also
Doclam
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October 20, 2017, 04:02:12 AM
 #6

Can anyone recommend me a good and trusted wallet that I can store bitcoin/eth on for a long period of time? Possible one with low transfer fees?



Why are you looking for lower fees? If you use low fee, the transaction will not reach destination for weeks.
BTW you can set the fee manually in most of the wallets. Simple web wallet such as blockchain.info can do this
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October 20, 2017, 04:03:38 AM
 #7

You can try coinbase...blockchain is very complex for beginners
btcmayumana
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October 20, 2017, 04:27:31 AM
 #8

myetherwallet is good option, it have available stores many coins and can setup fees transaction low.
but storing all your money into 1 places it is not recommended.
chriss0r
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October 20, 2017, 07:41:36 PM
 #9

For BTC: Electrum (maybe they will improve more sending adresses. atm only one possible)
For ETH: MetaMask is a good lightwallet. You can also manage your tokens with MetaMask (same in MyEtherWallet)
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