kindy01
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January 06, 2019, 03:11:00 PM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
The blockchain is not built to run in that way lol. The fee will always be there because your transaction needs to be recorded on the decentralized ledger always.
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1Referee
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January 06, 2019, 03:19:32 PM |
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It's not impossible, just unlikely. It seems the higher the priority of a tx the higher the chance of a zero fee tx being taken by a miner.
If you look closely, blocks aren't always full. If you time your transactions correctly, have a decent bit of coinage to go with them, your transaction has a higher chance to be included in the next block if it isn't considered dust. On the other hand, each miner is different and thus each miner decides for itself how much its block space is worth, so even if all the conditions are great, miners can still ignore your zero fee transaction even if there is plenty enough block space available. It's all about incentive in the end. The more often miners confirm zero fee transactions, the more incentive there is for people to send them. The less often miners confirm zero fee transactions, the less incentive there is for people to send them. That's why the number of confirmed zero fee transactions has been tanking hard.
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Coin-Desk
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January 06, 2019, 03:23:23 PM |
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No never it is totally impossible to send btc withount any fee. Because blockchain technology need some small amounts of fees for transaction on bitcoin. But you can send bitcoin without fee to personal email address if sender and receiver are both use same wallet. This is the only ine way to send bitcoin without fee. But must use same wallet for sending without fee. Otherwise it is imposdible to send without fees.
Thank you.
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Hannahanto
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January 06, 2019, 03:40:20 PM |
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I think there is no chance for that because for each and every bitcoin transaction we have to pay transaction fees. Every traders need some profits so definitely they collect some fees for the transaction. But the transaction fees differ from one exchange to another. In some exchanges the transaction fees is very low but in some exchanges it's very high. We have to select the right exchange.
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muslol67
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January 06, 2019, 03:45:10 PM |
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I guess it is not quite possible. But it has a chance. You may send your BTC with only 1 satoshi. Transaction will be done but it probably take a long time.
But it is really cheapest money transffer. For example you can try send 1 million from your bank to another bank. But there will be a high transaction fee. How much Bitcoin you want to send, fee is always same. Why are you wondering this fee thing?
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rarkenin
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January 06, 2019, 03:54:01 PM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
I don't think miners want to do it for free. Payable amount is not much and I have never heard that any transaction fees are approved without payment. You should negotiate with traders in your local. You can decide what conditions will be by mutual agreement.
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BoxerRobert
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January 07, 2019, 05:22:45 AM |
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Is is not possible for sending BTC without any transaction fee. Because blockchain need some minimum transaction fee.
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Kakmakr
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January 07, 2019, 07:01:56 AM |
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There used to be hosted wallets like Xapo that paid the fee for you. Most wallets that give you control over your keys won't have a zero fee option. If you had a wallet with full fee control such as the Bitcoin Core wallet I'll guess miners would ignore the transaction out of principle if nothing else. It's not impossible, just unlikely. It seems the higher the priority of a tx the higher the chance of a zero fee tx being taken by a miner. https://bitcointalk.org/index.php?topic=982822.msg10742793#msg10742793http://bitcoinfees.comI thought the free transactions was only applicable for transactions that was done between Xapo account holders and not applicable to any on-chain transactions. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The reason why these transactions was free, was because it was off-chain and done on Xapo's internal ledger system. Interesting, I never knew Xapo paid for the miners fees too. ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) I guess they covered those fees with the other fees they charge for the debit card and subscription fees?
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shamc
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January 07, 2019, 07:36:32 AM |
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It could be possible one day in the unlikely event that someone is able to invent perpetual energy so we can have thousands of fee free miners using free electricity. Otherwise no
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romelitounknown
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January 07, 2019, 07:58:22 AM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
It is impossible to send Btc without any transaction fee for now i believed ,but as we go along , I guess time would come that we could send any crypto without transaction fee. Let me tell you this, if you sent 1btc or 0.001btc with the same amount of 0.1usd trans fee, with that very small amount of TF aren't you happy with that? 0.1usd TF are almost FREE.
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VampKing
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January 07, 2019, 10:59:26 AM |
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How can you aspect that the blockchain technology will allow you to use their services without any service charge? Miner have a "fee" for which they mine. Without incentive even you'll not invest in Bitcoin. Yes, if you are holding Bitcoin in "Coinbase" , than you can transfer them in another "Coinbase" account using email transfer that is totally free of cost. Transaction fee vary exchange to exchange. I can recommend you some exchanges that will allow you to transfer you bitcoins with a small charge. No.1. Bittrex 2. Idex 3. Hotbit
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imstillthebest
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January 07, 2019, 12:20:03 PM |
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How can you aspect that the blockchain technology will allow you to use their services without any service charge? Miner have a "fee" for which they mine. Without incentive even you'll not invest in Bitcoin. Yes, if you are holding Bitcoin in "Coinbase" , than you can transfer them in another "Coinbase" account using email transfer that is totally free of cost. Transaction fee vary exchange to exchange. I can recommend you some exchanges that will allow you to transfer you bitcoins with a small charge. No.1. Bittrex 2. Idex 3. Hotbit
there are also other wallets that offers zero fees as long as you have the same wallet and i heard that there is a crypto that has a zero fee ? not really sure if its real because i havent tried it , what im talking about is xrb . by the way , the exchange that you mentioned above are verry popular and for sure they dont have a cheap fee compared to other exchange that isnt really famous . about the fees , i agree that it isnt possible to send btc without fee to random addresses or wallets because your transaction wont be processed . we already experienced a longer processing time whenever we send a btc with low to median fee , how much more if we send a btc with zero fees ?
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Wasimalik
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January 07, 2019, 12:37:58 PM |
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I would know if it is possible to send BTC without a transaction fee regardless of theoretically or practicall..
Never heard if we can send btc without paying transaction fees but i also would like to find the way if we can?
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Tavarez
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January 07, 2019, 12:50:09 PM |
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Found this by simple google search>in order to do so you need to to full fill these three requirements: *The transaction only sends coins to one address, plus the return of change. (No more than two 'out' scripts.) *The transaction doesn't need to gather a large number of small transaction outputs. (You are spending funds you received in a sensible way, not as a large number of micro-transactions.) *The funds are stable. That is, you aren't spending funds you recently received.
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saulzaents
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January 07, 2019, 01:40:26 PM |
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I don’t use the word “never” very often (unless we’re discussing my loyalty to my favorite sports teams) but I don’t think BTC will be able to survive in its ecosystem without transaction fees. Without miners, there is no BTC. Miners will always want to be paid for their work. Nice sentiment but very unlikely.
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q5503162
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January 07, 2019, 01:56:12 PM |
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it is possible in testnet3
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hxtop
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January 07, 2019, 02:43:16 PM |
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Not only a fee as much as I know. In some countries, you have to pay extra commission in order to make your money to be accepted to legal system. To make fee rates less and not to pay extra commission in some countries would be greate and these improvements let massive use of cryptocurrencies.
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tytanhamon04
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January 07, 2019, 03:02:56 PM |
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When you make transactions in bitcoins, you pay a fee to the people who mine it, if there is no fee and the transaction can not be confirmed. So as far as I know it is impossible to send bitcoins without commission.
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mocacinno
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January 07, 2019, 03:04:25 PM |
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I've seen a lot of wrong answers, and a lot of right (but incomplete) answers. So i'll try to give a complete answer this time ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) 1) It IS possible to create a transaction with 0 fee... But the developers of a lot of modern wallets edited the functions of their programs so 0 fee transactions can not be created... If you want to create a 0 fee transaction, you can do it using the createrawtransaction command of bitcoin core (either from the cli or from the debug window), you can also use the electrum console... There might be other wallets that still allow 0 fee transactions to be generated, but bitcoin core and electrum are the wallets i've actually used for creating 0 fee transactions. Do be carefull here: there is a difference between CREATING a 0 fee transaction (which is easy) and getting the 0 fee transaction BROADCASTED to the network (which is hard). 2) the first main problem AFTER you created a 0 fee transaction is getting it relayed... A transaction will ONLY have a chance of ending up in a block IF it ends up in the mempool of the node of a miner first. A lot of nodes have a minimum relay fee, but if i'm not mistaking, a node owner CAN still modify the minimum relay fee and set a custom parameter so there is no minimum relay fee... The problem is that most nodes do have a minimum relay fee, so won't relay your transaction, so the odds of a 0 fee transaction ending up in the mempool of a mining node is small 3) the second main problem is that a miner has no incentive to add a 0 fee transaction. Historically high priority 0 fee transactions were added to blocks by the miners, but i don't think nowadays miners still honour high priority transactions
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libert19
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January 07, 2019, 03:08:36 PM |
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You could send transaction with 1 Satoshi as fees (ie. Literally nothing) but as you know miners get incentivized by block reward+transaction fees, it won't be picked by miners at all.
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