Bitcoin Forum
May 08, 2024, 10:09:53 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: blockchain.info  (Read 171 times)
sann111 (OP)
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
December 29, 2017, 08:29:28 PM
 #1

Does blockchain.info have a network fee when transfering to an address on an exchange?
1715162993
Hero Member
*
Offline Offline

Posts: 1715162993

View Profile Personal Message (Offline)

Ignore
1715162993
Reply with quote  #2

1715162993
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715162993
Hero Member
*
Offline Offline

Posts: 1715162993

View Profile Personal Message (Offline)

Ignore
1715162993
Reply with quote  #2

1715162993
Report to moderator
1715162993
Hero Member
*
Offline Offline

Posts: 1715162993

View Profile Personal Message (Offline)

Ignore
1715162993
Reply with quote  #2

1715162993
Report to moderator
1715162993
Hero Member
*
Offline Offline

Posts: 1715162993

View Profile Personal Message (Offline)

Ignore
1715162993
Reply with quote  #2

1715162993
Report to moderator
Don Pedro Dinero
Legendary
*
Offline Offline

Activity: 1302
Merit: 1522


The first decentralized crypto betting platform


View Profile WWW
December 29, 2017, 08:36:25 PM
 #2

If you are talking about sending bitcoins, yes. No matter what wallet you use, you have to pay a fee. Fees don't have so much to do with the wallets as to do with the miners getting those fees, but some wallets allow lower fees, such as Segwit ones.

focmere
Member
**
Offline Offline

Activity: 126
Merit: 11


View Profile
December 29, 2017, 08:38:54 PM
 #3

Does blockchain.info have a network fee when transfering to an address on an exchange?

blockchain.info allows you to set the fee you want. I set the lowest fee they recommended and it took my BTC 3 days to arrive on my Binance account. :| I paid 20$ btw
Welsh
Staff
Legendary
*
Offline Offline

Activity: 3262
Merit: 4110


View Profile
December 29, 2017, 08:49:52 PM
 #4

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.
sann111 (OP)
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
December 29, 2017, 10:31:45 PM
 #5

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
December 29, 2017, 11:36:25 PM
 #6

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.

The thing that most people don't understand at first is that transaction fees in Bitcoin are decided by size. It's not a one-size-fits-all system. The tool linked above lists expected confirmation time by "fee rate." This is the rate you are willing to pay to have your transaction confirmed.

Use the "Customize fee" feature when sending on Blockchain.info. It will ask you for the satoshi/byte you are willing to pay. The fee estimator on earn.com gives you an idea of the delay you can expect. Right now, pay ~550 satoshi/byte for confirmation in the next block. You can probably pay ~200 satoshi/byte if you can wait 6 or 8 hours for confirmation.

One problem with Blockchain.info is that they didn't integrate the replace-by-fee protocol. So once your transaction is stuck, it's stuck, and you need to resort to transaction accelerators or simply wait. This is one of the reasons why I prefer Electrum to Blockchain.info.

sann111 (OP)
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
December 29, 2017, 11:56:35 PM
 #7

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.

The thing that most people don't understand at first is that transaction fees in Bitcoin are decided by size. It's not a one-size-fits-all system. The tool linked above lists expected confirmation time by "fee rate." This is the rate you are willing to pay to have your transaction confirmed.

Use the "Customize fee" feature when sending on Blockchain.info. It will ask you for the satoshi/byte you are willing to pay. The fee estimator on earn.com gives you an idea of the delay you can expect. Right now, pay ~550 satoshi/byte for confirmation in the next block. You can probably pay ~200 satoshi/byte if you can wait 6 or 8 hours for confirmation.

One problem with Blockchain.info is that they didn't integrate the replace-by-fee protocol. So once your transaction is stuck, it's stuck, and you need to resort to transaction accelerators or simply wait. This is one of the reasons why I prefer Electrum to Blockchain.info.


whats the advantage of Electrum? how much is the deposit and withdrawal fee?
exstasie
Legendary
*
Offline Offline

Activity: 1806
Merit: 1521


View Profile
December 30, 2017, 12:08:34 AM
 #8

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.
I dont understand the site.

The thing that most people don't understand at first is that transaction fees in Bitcoin are decided by size. It's not a one-size-fits-all system. The tool linked above lists expected confirmation time by "fee rate." This is the rate you are willing to pay to have your transaction confirmed.

Use the "Customize fee" feature when sending on Blockchain.info. It will ask you for the satoshi/byte you are willing to pay. The fee estimator on earn.com gives you an idea of the delay you can expect. Right now, pay ~550 satoshi/byte for confirmation in the next block. You can probably pay ~200 satoshi/byte if you can wait 6 or 8 hours for confirmation.

One problem with Blockchain.info is that they didn't integrate the replace-by-fee protocol. So once your transaction is stuck, it's stuck, and you need to resort to transaction accelerators or simply wait. This is one of the reasons why I prefer Electrum to Blockchain.info.
whats the advantage of Electrum? how much is the deposit and withdrawal fee?

One big advantage is that it uses replace-by-fee. If you set a low fee rate, you can enable replace-by-fee just by clicking a box when you send. Then if the transaction gets stuck due to low fees, you can easily bump the fee to get it confirmed. You don't have this option on Blockchain.info.

Like most wallets, Electrum doesn't estimate fees that well. But you can set your own fee, based on the urgency of your transaction. Do you need confirmation in the next block? Then you can manually set your fee based on the recommended fee at bitcoinfees.earn.com. But if you are willing to wait a few hours, or a few days, then you can manually set the fee considerably lower. Use bitcoinfees.earn.com to gauge how long the delay will be.

BabyFacedGuy
Member
**
Offline Offline

Activity: 88
Merit: 10


View Profile
December 30, 2017, 12:09:34 AM
 #9

Does blockchain.info have a network fee when transfering to an address on an exchange?
Anytime you want to take your bitcoins out of blockchain.info you will be charged a fee for that.
sann111 (OP)
Jr. Member
*
Offline Offline

Activity: 196
Merit: 1


View Profile
December 30, 2017, 03:08:09 AM
 #10

Does blockchain.info have a network fee when transfering to an address on an exchange?
Anytime you want to take your bitcoins out of blockchain.info you will be charged a fee for that.


How much? what percentage?
Patatas
Legendary
*
Offline Offline

Activity: 1750
Merit: 1115

Providing AI/ChatGpt Services - PM!


View Profile
December 30, 2017, 08:20:55 AM
 #11

How much? what percentage?
It is not calculated in percentage.Go hit yourself with a book that teaches you basics of bitcoin.

Does blockchain.info have a network fee when transfering to an address on an exchange?
- Bitcoin isn't something you use to get rich in one day.Throw that mentality out of your window.
 -  Least you can do is  read about blockchain and how things work before starting to use the cryptos.
 - I could simply answer your question and clear your doubts but you guys need to put some efforts learning the economy before trying to fit in.
 - Network fee is network fees,no exchange or service is exempt from that.

Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!