btc_love (OP)
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August 06, 2019, 02:28:00 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
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Icologies
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August 06, 2019, 02:37:44 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
all types of transactions are subject to fees, only the nominal cost of each department varies. where there are free, even if there are certainly many conditions and it is not easy to do the transaction.
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TanakabZX
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August 06, 2019, 02:43:26 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
What are you talking about?you have to pay for transaction fee and changelly is an insta swap exchange,removing transaction fee from your total balance is normal,im sure you have bank account and what happens when you transact from your account to your friends or family?or if you use ATM card some fee will be deducted from your balance for the transaction right?its same thing with crypto coins either bitcoin,ethereum or litecoin you will be the one to pay for the transaction fee
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btc_love (OP)
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August 06, 2019, 02:59:32 PM |
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Transaction fees may vary if wanted to speed up the confirmation of one transaction. I think there is a free transaction fee but it will take weeks to get the confirmation. The transaction fee is quite small, it is just like sending a fiat to a money sending service centers.
well... I don't really want to pay extra money
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VanDeinsberg12
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August 06, 2019, 03:02:31 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
Yes it's normal and changelly is not stealing your money. The platform needs further development to provide the a lot of features to be used by the users in the future and how this company can do D&R when the company doesn't even have any money? Users use the feature and the users pay the fees for that and that makes sense.
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Muzika
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August 06, 2019, 03:06:10 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
Wherever you are if you want to have a transaction you really need to pay for the fees, fees simply for sustaining the service you really need to pay for fees, if you dont have to pay fees expect that there will be trouble processing your transactions, you are crying for. 25% fees? Maybe you havent seen the transaction fees before in the peak price of bitcoin.
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tbct_mt2
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August 06, 2019, 04:20:04 PM |
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Fees are essential things for all kinds of transactions, from traditional banks to bitcoin, and other alternative crypto currencies. Without fees, who will confirm your transactions? There are no banks will do transactions for their users without fees, because they have to do their maintenance on their networks, and pay wages for their employers. In crypto, fees used to pay for miners, even with networks that don't need miners (DAG, like Obyte), you will have to pay fees. Transaction fee is unavoidable.
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Thanasis
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August 06, 2019, 04:28:43 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
You are living in this world right? Where you need to pay for anything you are using.Same applies to crypto related services as well because they are also running this service by spending their time so they will charge you fee for that.
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mindrust
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August 06, 2019, 04:38:09 PM |
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It is there to protect the system from spammers basically.
If it was free, some people would spam the network with the unnecessary transactions just because they could. They can still do it now but if they want to congest the blockchain, they have to pay.
Sadly for us, because of them we need to pay for our honest transaction too. :/
If you are talking about the 3rd party services specifically,
I am pretty sure there are exchanges that don't collect fees for your withdrawals. Some services don't make you pay fees but you need to dig deeper to find them. And stay away from changelly, that service is no good.
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dcomomal
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August 06, 2019, 04:39:44 PM |
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There are some coins that do not require any transaction fee, for example NEO, even if I am withdrawing assets from different exchanges, NEO is the only coin that can be withdrawn completely for free without any additional fees.
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valuater
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August 06, 2019, 04:43:30 PM |
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in my opinion, it's normal especially if you make exchanges on p2p exchange I myself am a loyal user of changer com and I think it's reasonable because without their services we cannot exchange cryptocurrency. and 0.25% fee is not too large and also as far as I know some p2p exchanges offer reduced fees if we have made a large deposit and the benefits will arise.
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YuginKadoya
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August 06, 2019, 04:58:17 PM |
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Even in a transaction on fiat has a fee so why not with Bitcoin? If we are using other programs to make a transaction like the online wallet you are using there will certainly a fee involve and I guess in every bitcoin transaction there are miner fees to settle before confirming any of your transact Bitcoin that is pretty normal with any transaction involve even if its overseas and local transaction if you are transferring your coin to another wallet is will surely cost fees.
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Prettygirl01315
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August 06, 2019, 05:47:19 PM |
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well its logically speaking that if we send money from far away we need fees for that one same also on cryptocurrency sending coins or tokens needs some fee or fuel for the transaction make the process started its just the basic information but its really informative
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Rafif000
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August 06, 2019, 05:56:32 PM |
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of course having to pay transaction fees and that's normal in terms of transactions,trading platforms are not managed by one person of course they have employees and they also need to be paid,I think 0.25% is not too big.
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bhadz
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August 06, 2019, 06:06:10 PM |
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We have to pay free, most of the things now aren't free anymore. You have used an exchange and that means you have used their service, they are not a charity but a business and service provider. And for them to be able to continue their operation and service, we have to pay them for it. Yes, it's our money but still we have used their platform so there's withdrawal fee. Even just for sending, we have to pay for the miners fee except few alts that do it for free.
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lizarder
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August 06, 2019, 06:14:04 PM |
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how can they get profit if they don't charge? And there is no one in my opinion that an exchange does not use a fee. because if there is some exchange who does not use a fee, it must be watched out because it could be a scam exchange.
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odukoyaewatomi27
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August 06, 2019, 07:46:22 PM |
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I don't think they steal from you, it is normal that you pay transaction fee when using an exchange, how do you expect them to grow and maintain the exchange if you don't pay transaction fee.
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qazgroup
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August 06, 2019, 07:53:21 PM |
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This is normal and this is how all these exchanges and payment platform makes money and obviously they need money for staff and office expenditures as well as for server costs but i do agree that fee should be minimal.
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Hans Groober
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August 06, 2019, 09:49:39 PM |
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I've noticed that everytime I make any transaction I have to pay fees. why users have to pay their money? for example, I use changelly and it's found out that I pay them 0,25% fee. Is that normal or they steal from me?
So the work of the blockchain of any coin is built, that in order to send money to another wallet you have to pay a network commission. The amount of commission for each coin may vary, but in any case, the commission depends on the network load and the speed with which you want the transaction to be completed.
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danggoron
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August 06, 2019, 11:24:02 PM |
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We have to pay free, most of the things now aren't free anymore. You have used an exchange and that means you have used their service, they are not a charity but a business and service provider. And for them to be able to continue their operation and service, we have to pay them for it. Yes, it's our money but still we have used their platform so there's withdrawal fee. Even just for sending, we have to pay for the miners fee except few alts that do it for free.
So true. Exchangers provide exchange services and we use those services. So it is natural that there is compensation for each of their services. Whether it is expensive or not, it depends on each person and the rights of the exchange. If you want to use it, you have to agree to each of these rules, if it's too expensive then don't do a transaction there and try other alternative exchanges. Simple isn't it ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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