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Author Topic: Sending altcoin without fee?  (Read 984 times)
hellyah070
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February 28, 2019, 03:43:10 AM
 #81

Generally, it is not possible to send altcoin without a fee. Because the altcoin system works based on Block Chain Technology. Some mining fees are required to send altcoin. So there is a fee to be sent to send the altcoin to the wallet address.

But altcoin can be sent without fees but it is not in wallet address. Altcoin can be sent through personal email without the fees. It's actually done to send the altcoin internally. In that case, the sender and the recipient need to have the same wallet. If not the same wallet, then altcoin cannot be sent. This is the only way to send altcoin without the fee. If you have any other idea kindly share with us. Thank you

Was it really possible to send without fees? I think there should be some people that will going to develop some kind of crypto that can be tradable without fee. At this time, binance has their BNB which has a low transaction fee which is good.
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February 28, 2019, 03:51:04 AM
 #82

Generally, it is not possible to send altcoin without a fee. Because the altcoin system works based on Block Chain Technology. Some mining fees are required to send altcoin. So there is a fee to be sent to send the altcoin to the wallet address.

But altcoin can be sent without fees but it is not in wallet address. Altcoin can be sent through personal email without the fees. It's actually done to send the altcoin internally. In that case, the sender and the recipient need to have the same wallet. If not the same wallet, then altcoin cannot be sent. This is the only way to send altcoin without the fee. If you have any other idea kindly share with us. Thank you

Was it really possible to send without fees? I think there should be some people that will going to develop some kind of crypto that can be tradable without fee. At this time, binance has their BNB which has a low transaction fee which is good.

Well there are already some dpos chains which does not have any sending fees, for example, Steem, Enumivo, EOS.

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February 28, 2019, 03:53:33 AM
 #83

Generally, it is not possible to send altcoin without a fee. Because the altcoin system works based on Block Chain Technology. Some mining fees are required to send altcoin. So there is a fee to be sent to send the altcoin to the wallet address.

But altcoin can be sent without fees but it is not in wallet address. Altcoin can be sent through personal email without the fees. It's actually done to send the altcoin internally. In that case, the sender and the recipient need to have the same wallet. If not the same wallet, then altcoin cannot be sent. This is the only way to send altcoin without the fee. If you have any other idea kindly share with us. Thank you
You were saying that both person should have the same wallet, does that means 2 persons has the same access into a single wallet? I think that isn't sending tokens, that is just giving an access of a wallet to another person.


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February 28, 2019, 04:33:04 AM
 #84

Generally, it is not possible to send altcoin without a fee. Because the altcoin system works based on Block Chain Technology. Some mining fees are required to send altcoin. So there is a fee to be sent to send the altcoin to the wallet address.

But altcoin can be sent without fees but it is not in wallet address. Altcoin can be sent through personal email without the fees. It's actually done to send the altcoin internally. In that case, the sender and the recipient need to have the same wallet. If not the same wallet, then altcoin cannot be sent. This is the only way to send altcoin without the fee. If you have any other idea kindly share with us. Thank you

how could it be send through email without fees? What if you create an account then pass it on the email instead of transferring the huge amount of cryptocurrency with a bunch of transaction fee that it needs to cover. Well, that is possible but the essence of having a personal account is not well utilized.

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February 28, 2019, 04:34:04 AM
 #85

I don't think it's possible to sent a coins without any fee, just like everyone has mentioned before, in order a transaction can be process, there is always miner behind that process, and those miners will work if they got a reward from solving the transaction, that way there is no way that any transaction can be made for absolutely free.
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February 28, 2019, 05:14:19 AM
 #86

It is impossible to send altcoin or even bitcoin via email to another users except if the user is on the same platform where you are sending or sent the coin from, this is because the bitcoin didn't actually move from your wallet to the users but figures just move within tables in the database.

Bitcoin/altcoin wallet are generated and registered in the node itself and there is no email there and we don't need that because it will make the system centralized
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February 28, 2019, 05:18:54 AM
 #87

It is impossible to send altcoin or even bitcoin via email to another users except if the user is on the same platform where you are sending or sent the coin from, this is because the bitcoin didn't actually move from your wallet to the users but figures just move within tables in the database.

Bitcoin/altcoin wallet are generated and registered in the node itself and there is no email there and we don't need that because it will make the system centralized

For internal transaction it's possible but if it's outside where you need to use the blockchain, there's always the fee.
It's part of our transactions that we have to pay for the fee, in fact that fee is very less and we can transact faster, we should not look for something free as it's impossible, the fee is the lifeblood of the miners who runs in the network.

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February 28, 2019, 06:42:29 AM
 #88

I also think that it's my first time to hear sending altcoins via email and without a transaction fee. Sounds good but this has to be explained briefly so that many would try it. Actually some altcoins just actually need a balance of eth in our MEW for its fee and gets deducted by a gas price.
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February 28, 2019, 02:55:47 PM
 #89

Generally, it is not possible to send altcoin without a fee. Because the altcoin system works based on Block Chain Technology. Some mining fees are required to send altcoin. So there is a fee to be sent to send the altcoin to the wallet address.

But altcoin can be sent without fees but it is not in wallet address. Altcoin can be sent through personal email without the fees. It's actually done to send the altcoin internally. In that case, the sender and the recipient need to have the same wallet. If not the same wallet, then altcoin cannot be sent. This is the only way to send altcoin without the fee. If you have any other idea kindly share with us. Thank you
Lol, funny Grin this is not a new thing, it has been like that from the start, and it’s not just altcoins, Bitcoin too can be sent that way. But you can’t send bitcoin through email to someone who is not making use of the same wallet.

Take for example if you are making use of Coinbase wallet, you’re able to send bitcoin or any coin at all to anyone that is making use of Coinbase by using their email and that is free. But, if the receiver is not also making use of Coinbase, there is no way you can send to me using email, you will have to ask for their wallet address.
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February 28, 2019, 07:59:35 PM
 #90

There will always be a fee, it's how the system generates work. There are definitely platforms that have cheaper fees than Ethereum for example Moac has a 90% less fee. You can find this information depending on the consensus it uses and how much work goes into completing the transaction

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February 28, 2019, 08:08:31 PM
 #91


even if it were possible I would not trust to send altcoins by e-mail, i prefer to pay small fees and send in the traditional way, then with this bear market the fees are really low...
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February 28, 2019, 08:16:36 PM
 #92

Hhhmmm, I don't want take risk like just that to avoid transaction fee, I would prefer pay the fee for transaction. it just not make sanse to me to avoid transaction fee.
It is not a risk, it is a normal thing to do and I have been doing that since I was a newbie. Seems like Xapo was the first to start before other wallets started . Then I used to claim a few satoshis from faucets and I would always make use of my Xapo email address, or if I want to send bitcoin to someone, if they are also making use of Xapo I will send to them using their email address cause there is no fees charged for it.
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February 28, 2019, 08:17:46 PM
 #93

I think every crypto exchange has a withdraw fee. Some exchanges claimed they don't have any fees but still a very little fee it takes to withdraw funds. So, I don't think there is anything which doesn't take any fees.  Could you please mention that service name where people can send cryptocurrency between mail to mail without a fee!

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February 28, 2019, 08:18:49 PM
 #94

I have long been in cryptocurrency and have not heard such that you can send without commissions I think it is impossible because there is a fee for sending and is unlikely to disappear

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February 28, 2019, 08:20:52 PM
 #95

Are you kidding me? Have not heard of such before sending altcoin through email, I don't think that one possible and if it's possible it involved a lot of risk.

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March 01, 2019, 08:53:11 PM
 #96

It is impossible to send altcoin or even bitcoin via email to another users except if the user is on the same platform where you are sending or sent the coin from, this is because the bitcoin didn't actually move from your wallet to the users but figures just move within tables in the database.

Bitcoin/altcoin wallet are generated and registered in the node itself and there is no email there and we don't need that because it will make the system centralized
I think the only way to send different funds without commissions that give the private key from the wallet , and I have not seen yet not a single coin which does not include Commission

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March 01, 2019, 09:03:13 PM
 #97

Generally, it is not possible to send altcoin without a fee. Because the altcoin system works based on Block Chain Technology. Some mining fees are required to send altcoin. So there is a fee to be sent to send the altcoin to the wallet address.

But altcoin can be sent without fees but it is not in wallet address. Altcoin can be sent through personal email without the fees. It's actually done to send the altcoin internally. In that case, the sender and the recipient need to have the same wallet. If not the same wallet, then altcoin cannot be sent. This is the only way to send altcoin without the fee. If you have any other idea kindly share with us. Thank you
I think that transactions without fee doesn´t have a sense and they are contraproductive. You want to send it securely, so you have to pay for it to attract someone who will do it for you.

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radokan
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March 02, 2019, 06:57:28 PM
 #98

I don't think it's possible to sent a coins without any fee, just like everyone has mentioned before, in order a transaction can be process, there is always miner behind that process, and those miners will work if they got a reward from solving the transaction, that way there is no way that any transaction can be made for absolutely free.
It's possible to send bitcoin without fee but transaction may stuck and never be confirmed and it's probably possible for other coins. It is not recommended to do it. You can't send transaction with email, however you can send private keys to someones email(eventually you will have to spend funds because you don't want someone to know your private keys(paying fee)) and you can sweep address(you will pay fee), I think this is what coin-desk is trying to say.
cchub
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March 02, 2019, 07:07:44 PM
 #99

hahaha this thread is hilarious! The guy is saying you can send an altcoin without paying fees if you use an email. Creativity 101!

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AlekseyCrypto
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March 02, 2019, 07:10:30 PM
 #100

It sounds interesting, but I've never done it before. Please tell us more how it is possible to send via e-mail?
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