WASABI WALLET

[Chriskelani]

Can someone tell me the least amount to conjoin using Wasabi wallet?

Can I conjoin $320?

Thanks for your reply

[witcher_sense]

Can someone tell me the least amount to conjoin using Wasabi wallet?

Can I conjoin $320?

Thanks for your reply

The last time I checked, the minimum amount required to participate in CoinJoin transaction was more than 0.10BTC or 4700$.

There are some other instruments you can employ to obfuscate your transaction. For example, any reputable bitcoin mixer, JoinMarket, PayJoin, WhirlPool, etc.

[Charles-Tim]

The last time I checked, the minimum amount required to participate in CoinJoin transaction was more than 0.10BTC or 4700$.

According to wasabi wallet FAQ undated on 25 Nov 2020. The least amount is 0.1btc, which means anyone that have 0.1 btc can take part in the CoinJoin, not necessarily more than.

https://www.google.com/search?q=The+minimum+amount+to+CoinJoin+wasabi+wallet
In every CoinJoin round the minimum to register is roughly 0.1 BTC, you need to have at least this much to participate. Within the same transaction, Wasabi also efficiently generates larger value zero link CoinJoin denominations.

[mocacinno]

0.1 is ballpark correct at this moment in time. If you want to know the exact value, all you need to do is open wasabi and look.....

At this moment, 9th of februari 2020 @ 12:56 CET: 0.1005216

This number fluctuates all the time... I've even complained about this very high value in the past, but it seems like nobody is willing to change due to the fees being to much for smaller value inputs

[Charles-Tim]

This number fluctuates all the time... I've even complained about this very high value in the past, but it seems like nobody is willing to change due to the fees being to much for smaller value inputs

How is the wasabi wallet fee is calculated? I heard the minimum amount of fee is $0.003% which will be will be multiplied by the total number of participants. But the total number of participants is 100. Which means the fee will be 0.3%? Also I learned the fee can be edited and customized, is that true?

[mocacinno]

--snip--
How is the wasabi wallet fee is calculated? I heard the minimum amount of fee is $0.003% which will be will be multiplied by the total number of participants. But the total number of participants is 100. Which means the fee will be 0.3%? Also I learned the fee can be edited and customized, is that true?

Indeed, 0.003 per anonimity set, so yes, in your example that would be a 0.3% fee.
This fee is not customizable.

However, there are some additional rules that do influence the fee, like for example: the smallest participant doesn't pay a fee, remixing is cheaper, tx fee fluctuations have an impact, very small change can get added to the fee.

This makes it very hard (if not impossible) to say which fee you'll pay beforehand... But overall, i've never overpayed compared to traditional mixers (chipmixer is an exception since it allows you to chose your own fee), but most mixers charge >1% as a mixing fee, and so far i've never payed more than 1% using wasabi's coinjoin implementation.