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Author Topic: Is it possible sending BTC without a transaction fee?  (Read 15014 times)
PlusOne88
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February 10, 2019, 02:56:10 PM
 #141

So far I have not seen any site or exchange offering this. We know everything in cryptocurrency is about money and its business. I think there might be some instances for this but as to have a really free transaction, it is quite impossible. Energy is wasted in mining so it is difficult to give it for free.

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February 10, 2019, 03:00:06 PM
 #142

If theres No transaction fee on sending bitcoin to other wallet that's impossible to happened because all altcoins have a fee for Sending or Withdraw.

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February 10, 2019, 03:04:09 PM
 #143

I am using Coins.ph wallet and I know it is an online one and it isn't recommended as a primary storage, but in case you're wondering in it. I can send Bitcoin to another Coins.ph wallet like an instant and I bet ya it won't take more than 10 seconds  before you get the BTC in it. Transaction fee is no more from it, but you can't send without fees to other wallets none other than Coins.ph. Hopefully that adds up something.

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February 10, 2019, 03:20:32 PM
 #144

When sending bitcoin from your wallet to a receivers wallet there is normally a transcation fee or mining fee that must be paid before a transcation can be confirmed

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February 10, 2019, 03:50:10 PM
 #145

I don't think this is possible. Remember that transaction fees go to blockchain mining which keeps the transaction in the network secured. So basically, it's the miners' reward for tracking and securing blockchain transactions. Even if the total mineable coins of bitcoin is mined, sending BTC without a fee would remain just a dream, as long as crypto is using blockchain to make transactions, especially now that the demand for the use of blockchain gets higher and higher each time.
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February 10, 2019, 05:12:49 PM
 #146

Bitcoins are not controlled by any financial institution. Banks have nothing to do with this currency. And therefore, no intermediaries are required to conduct operations, and there is no one to pay a commission.

No one will be able to limit the amount of transfer or freeze your account. The only danger is the loss of a key from a bitcoin wallet. This is really a serious risk, since it is impossible to restore access to the wallet. Lost keys are lost forever.
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February 10, 2019, 05:51:39 PM
 #147

Not possible. Why do you even want a feeless transaction? I thought the purpose of Bitcoin fee is to prevent spam/ddos.  It's not even for the  Miners as some suggest.
 The fees very negligible by the way. It saves the network from attacks



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February 10, 2019, 05:55:09 PM
 #148

To do it individually it is not possible but if you use another sites services they can send your bitcoin and take on the transaction fee themself.
Some casino sites such as the sports books I use do not charge you to send bitcoin off their site.
I also use a wallet for exchange when I send bitcoin from their site they do not charge any sending fees too.

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February 10, 2019, 06:24:07 PM
 #149

You can but the chance someone sends it without fees is low
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February 10, 2019, 08:03:39 PM
 #150

Absolutely not, transaction fee is what miners use in making transactions easier and swift for different parties. Without this it won't be possible for bitcoin to be sent out or in.

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February 10, 2019, 10:05:29 PM
 #151

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
at no cost is something that is difficult to happen because we know that developments and technology all need costs and funding to access them and for that every need of funds
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February 10, 2019, 10:31:03 PM
 #152

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
at no cost is something that is difficult to happen because we know that developments and technology all need costs and funding to access them and for that every need of funds
If we understand, those fees they collected are just for miners who did it and it is must in order to proceed the transactions we made. Fees are not so high and it we could set it into the lowest but it cause delays due cause the usually prioritize those transactions that have pay more satoshi's.
I will never make that hard if we would like to move it fast and quick transaction, the most important is it will never takes too long to wait before it confirmed.


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February 10, 2019, 10:40:31 PM
 #153

transaction fees are the compensation for competitive computation of complex mathematical problems initiated via the transaction within the blockchain network and in this case the bitcoin  option. it gets really interesting and makes the transactions get processed and brings in many miners to cover for the numerous transactions that gets initiated on a daily basis.

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February 10, 2019, 11:09:57 PM
 #154

So far I have not seen any site or exchange offering this. We know everything in cryptocurrency is about money and its business. I think there might be some instances for this but as to have a really free transaction, it is quite impossible. Energy is wasted in mining so it is difficult to give it for free.
You really cannot tell that there was no free transactions available earlier, most of the online wallets used to transfer funds for free without any fees before the transaction charges started increases because of the block limit and getting to a consensus took a really long time which made a lot of difference on how bitcoin is adapted since, now every online wallet does charge you fees for every transaction and nothing is free now, If you are using your own wallet then you can send transaction with very minimal fees, less than ten cents right now but without any fee is impossible if you are planning to send your coins Cheesy.

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February 10, 2019, 11:17:35 PM
 #155

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
As of now I don't have any incounter that there's no fee because most of in crypto have a fee if you do a transaction. And fee is the one thing they can use to develop their every platform.

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February 10, 2019, 11:30:05 PM
 #156

I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..

I don't think it is possible, because the transaction fees serve to reward the miners' work, in addition to the emission of new bitcoins...
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February 10, 2019, 11:44:32 PM
 #157

Not possible. Why do you even want a feeless transaction? I thought the purpose of Bitcoin fee is to prevent spam/ddos.  It's not even for the  Miners as some suggest.
 The fees very negligible by the way. It saves the network from attacks
Yeah, fees are here to make this market more secure. Its hard for a developer to run their system if there is no profit at all and chances are, they will just close the project. So fees is good sometimes, and its more affordable compare to other financial institutions.
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February 11, 2019, 12:35:09 AM
 #158

although the use of cryptocurrency continues to be developed by scientists so that the holders can feel comfortable doing transactions without the costs that must be incurred I think that is not possible, because every transaction must require costs to be incurred

Yes, in order for a service to exist there some be some kind of compensation for it or it won't be online for too long unless someone rich who don't mind donating his/her money do it, in this case we talk about money of course. The worldwide compensation for services or products.

It just can't be done until society is perfect and money is not needed.

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February 11, 2019, 01:05:08 AM
 #159

if in my opinion. sending bitcoin at no cost is very pleasant. but if in my opinion it's impossible, bro. send without fees. because. in the real world, every shipment in the form of money or goods is subject to a transfer fee. My expectation is that transfer fees will be cheaper than the current transfer fee

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February 11, 2019, 01:11:18 AM
 #160

Always you pay transaction fees for transferring btc from one wallet to other wallet. Little bit of low or high. But must be pay fees.

But now I want to say about coinbase. Where they support transection btc Through coinbase email address. Where coinbase don't charge any fees for transection. And transection is instant. So I want to say it is the one way for transferring btc from one person to other without any fees. You can choose it. [ coinbase is an Exchange don't a wallet ] Thanks      

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