ledsgo (OP)
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Activity: 93
Merit: 11
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October 22, 2017, 06:59:37 PM |
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Hi, some of my BTC are on Armory on my old computer.
I want to move those bitcoin to my new computer on Exodus this time (I don't want to run a node on my new computer).
The fees to make the transfer are 0.005848 which is way too high for transferring money from one pocket to another.
What is the cheapest way to move bitcoin from a wallet to another wallet?
Thanks!
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JaredStein
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October 22, 2017, 11:38:13 PM |
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The minimum fee to transger Bitcoin is 1 satoshi. It will take a while for that to get confirmed probably though so you can get it bumped up to have it confirmed faster.
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dead_m92
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October 22, 2017, 11:42:23 PM |
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The minimum amount of money to make your transaction goes through the blockchain is aprox 0.0005 at the moment (less than 3 dollars) and that is not much money if you think about it, you are only paying three dollars or less only to send a payment.. there is a lot of people complaining about it, but i dont understand why, because that amount is nothing compared to the fees that you have to pay for a bank wire (much more than $25 each) so it is fine for me, you can send less than that amount, but your transaction will take an eternity.
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Malamok101
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Proof-of-Stake Blockchain Network
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October 23, 2017, 03:03:13 AM |
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Let you try coinpayment.net account for bitcoin and altcoins,For low as fee against 0.0002btc i dont know to others altcoins if thats the same fee too because coinpayment wallet is have a altcoins wallet too not bitcoin only thats a secured wallet and tested theres a campaign for thats site.
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btc78
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Eloncoin.org - Mars, here we come!
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October 23, 2017, 03:10:56 AM |
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Let you try coinpayment.net account for bitcoin and altcoins,For low as fee against 0.0002btc i dont know to others altcoins if thats the same fee too because coinpayment wallet is have a altcoins wallet too not bitcoin only thats a secured wallet and tested theres a campaign for thats site.
yeah thats right,COINPAYMENT is the most cheapest way to transper your coin.but i think its only for Bitcoin.havent try to other coin transfer but you can try to check it out for other details.ita tried and tested
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Blockfolioz
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October 23, 2017, 03:14:05 AM |
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I was insisted that each wallet service has got different fee structure for the transactions made. Also high volume transactions profit good, because it gets less transaction fee compared to the small volume transactions. Even without transaction fee transfer happens, but it won't get confirmation.
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Dudeperfect
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October 23, 2017, 04:10:59 AM |
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Well, it depends on the network load and the priority of your transaction. In most of the cases, while sending the funds using web wallet, the fees are automatically adjusted according to the factors mentioned above.
However, if you want to send the funds to someone without paying the transaction fees then you can use Localbitcoins coupon system where you are supposed to hold the amount in your wallet associated your Localbitcoins account and generate a coupon worth the amount you wish to send and then you can share that coupon code with the person. The amount will be automatically deducted from Localbitcoins wallet after successful redemption of the coupon you sent. There is no fees or charges to use this service if I am not wrong.
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24core
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October 23, 2017, 04:16:18 AM |
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The fee can be as low as 0.0002btc but it will take a while for the payment. The higher the fee the faster the other party would receive the funds.
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Cimmy_revenger
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Dextrust.org #Defi
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October 23, 2017, 04:31:34 AM |
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Hi, some of my BTC are on Armory on my old computer.
I want to move those bitcoin to my new computer on Exodus this time (I don't want to run a node on my new computer).
The fees to make the transfer are 0.005848 which is way too high for transferring money from one pocket to another.
What is the cheapest way to move bitcoin from a wallet to another wallet?
Thanks!
minimum fee you can pay 0.0002xx BTC but if your balance Bitcoin its large , I recommended you for pay Fee 0.018 BTC or more because fast confirmed block.
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krauzzer02
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October 23, 2017, 04:33:04 AM |
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Some desktop or android based wallet lets you customize the transaction fee for the transfer bitcoin as low as 1 satoshi the cheapest fee that you can made but the risk of this one is that it will take a weeks or months to confirm the transfer of your coins which is kinda inconvenient to do just because you are saving money the work around to make your transfer confirmations faster is to raise your fee for atleast 0.0002 sats and above. Some wallets and coinbase exchanges have a default transfer fee for the transaction so it depends on the wallet and storage that you are using.
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buwaytress
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Join the world-leading crypto sportsbook NOW!
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October 23, 2017, 04:45:26 AM |
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Actually, there is no set minimum fee to use the Bitcoin network, and it is still possible to set zero fees for a transaction. However, most web-based wallets that you can use will set in its software a minimum fee. Some express it as a network fee, some express it as a transaction fee. But this is actually just the fee they charge you for their service. The actual fee they use to pay miners for including your transaction will generally vary. Miners in general will prioritise higher fees, since they make more that way, naturally. You're choosing to use Exodus, which doesn't let you control your fees and sets a minimum for you, but this means you have no control over how low that can be or quickly your tx gets confirmed If you are using a wallet that enables you to control setting your own fee (My favourite is Electrum!), some websites can help you estimate the minimum fees you need to get your first confirmation in a range of time. My favourite is https://bitcoinfees.21.co
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dificanovi
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October 23, 2017, 06:17:41 AM |
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The minimum amount of money to make your transaction goes through the blockchain is aprox 0.0005 at the moment (less than 3 dollars) and that is not much money if you think about it, you are only paying three dollars or less only to send a payment.. there is a lot of people complaining about it, but i dont understand why, because that amount is nothing compared to the fees that you have to pay for a bank wire (much more than $25 each) so it is fine for me, you can send less than that amount, but your transaction will take an eternity.
I think as much as the payment to transfer bitcoin from one wallet to another is not too expensive, that's a natural thing for me. there are indeed other cheaper ways of bitcoin transfer fees, but the process is very long.
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azril fauzan
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Activity: 28
Merit: 0
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October 23, 2017, 06:29:55 AM |
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Minimum bitcoin fee is relative, depending on the policy of its market to withdraw its fee, because every market where we transaction bitcoin fee is different between one market with its other market
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nappoleon
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October 23, 2017, 06:57:30 AM |
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Just recently, I've tried a transaction with a 4k sat fee that's about .27-25 cents sending about $20 just to try it out. And I got confirmed within 2 hours. Lower than 3k sats I'm struggling to get confirmations though mempool has some volume. The smaller the fee the slower it gets confirmed the higher the faster it gets confirmed. So planning your transactions may save you some sats, It's good transact when mempool is empty, it's way more faster. But dude just backup your keys and import it to your new wallet. No need to make a transaction.
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michellee
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October 23, 2017, 11:14:45 AM |
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Hi, some of my BTC are on Armory on my old computer.
I want to move those bitcoin to my new computer on Exodus this time (I don't want to run a node on my new computer).
The fees to make the transfer are 0.005848 which is way too high for transferring money from one pocket to another.
What is the cheapest way to move bitcoin from a wallet to another wallet?
Thanks!
usually I spend 0.0003xxxx btc for the fees. I think you can set the fees in the setting in your armorey wallet. but I think if you want to move more than 1 btc from your armory to another wallet, then its no problem if you have to pay the fee 0.005848 btc and I think its still cheap for you because you want to move more than 1 btc. but if you want to move less than 0.1 btc and your fees is more than 0.001xxx btc then you might have to check in your setting wallet.
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neo444
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October 23, 2017, 11:59:32 AM |
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He exist many exchange sites to transfer your bitcoin to another wallet and for that you have to verify the price of fee for many exchange site and make your transfer with the exchange site who have the low fee
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bitart
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October 23, 2017, 01:03:53 PM |
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Hi, some of my BTC are on Armory on my old computer.
I want to move those bitcoin to my new computer on Exodus this time (I don't want to run a node on my new computer).
The fees to make the transfer are 0.005848 which is way too high for transferring money from one pocket to another.
What is the cheapest way to move bitcoin from a wallet to another wallet?
Thanks!
usually I spend 0.0003xxxx btc for the fees. I think you can set the fees in the setting in your armorey wallet. but I think if you want to move more than 1 btc from your armory to another wallet, then its no problem if you have to pay the fee 0.005848 btc and I think its still cheap for you because you want to move more than 1 btc. but if you want to move less than 0.1 btc and your fees is more than 0.001xxx btc then you might have to check in your setting wallet. If you decide to send the coins with really low fee settings, you can try an accelerator to get your transaction confirmed sooner. https://pool.viabtc.com/tools/txaccelerator/This it the ViaBTC accelerator, every full hour you can send your low fee transaction to get it included into the very next block. Just be very sharp, only the first few transactions are included, if you miss it, you need to wait another hour to try.
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cleygaux
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October 23, 2017, 01:37:31 PM |
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You could export your bitcoin private key from Armory and import it to SPV bitcoin wallet such as Electrum. Otherwise, just manually configure fee/(byte/KB) or transaction fee. Just remember that lower fees could increase confirmation time.
I think this is the best way to transfer your btc into new wallet or location without spending any fees if it will cost you that much.
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ehrz22
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October 23, 2017, 01:48:34 PM |
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The minimum amount of money to make your transaction goes through the blockchain is aprox 0.0005 at the moment (less than 3 dollars) and that is not much money if you think about it, you are only paying three dollars or less only to send a payment.. there is a lot of people complaining about it, but i dont understand why, because that amount is nothing compared to the fees that you have to pay for a bank wire (much more than $25 each) so it is fine for me, you can send less than that amount, but your transaction will take an eternity.
It's a big deal for newbies who earned that amount in claiming faucets or doing some task. Also $3 in some country like in ours can buy foods or clothes already. But if you are transferring high amount of btc thrn 0.0005 is really not a big deal. I just hope transactions fees will be lowered in the near future like altcoins.
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Dextroboy
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Borderless Mobile Finance Marketplace
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October 23, 2017, 01:56:32 PM |
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The minimum fee to transger Bitcoin is 1 satoshi. It will take a while for that to get confirmed probably though so you can get it bumped up to have it confirmed faster.
No The Minimum Are 0 Satoshi And If U Use That Fee Maybee Your Transaction Will Never Confirmed
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