Which wallets offer the lowest transaction fees to send BTC ?

[Pianofibo]

It seems to me that the minimum fee is pretty high so only interesting for sending bigger amounts ..

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[ranochigo]

Online wallets are generally not great if you're looking to minimize transaction fees, some of them don't implement segwit and some of the have poor fees estimation as well. Custodial wallets often charges their users more fees than necessary when sending Bitcoins. That is not the only reason why you shouldn't use them.

Transaction fees are not dependent on the wallet that you're using though it can be. Wherever possible, use Segwit (bc1) addresses to have the lowest fees or nested segwit if you want backwards compatibility. Electrum and Bitcoin Core both have decent fees estimation and features but you can also refer to mempool.space as a reference to adjust your fees as well.

[Pianofibo]

Online wallets are generally not great if you're looking to minimize transaction fees, some of them don't implement segwit and some of the have poor fees estimation as well. Custodial wallets often charges their users more fees than necessary when sending Bitcoins. That is not the only reason why you shouldn't use them.

Transaction fees are not dependent on the wallet that you're using though it can be. Wherever possible, use Segwit (bc1) addresses to have the lowest fees or nested segwit if you want backwards compatibility. Electrum and Bitcoin Core both have decent fees estimation and features but you can also refer to mempool.space as a reference to adjust your fees as well.

What are the typical fees for sending BTC ?

[BlackHatCoiner]

It seems to me that the minimum fee is pretty high so only interesting for sending bigger amounts ..

You're probably talking about online wallets, this is why I see you confused. If you used a non-custodian wallet (like electrum) you would notice that every one of them offers you such feature. You set the fee, by yourself, not via some centralized services. Download it, install it and experience with it.

As ranochigo said, consider using Bech32 addresses (those that start with bc1, AKA Segwit), because they're reducing your fees by a lot.

PS: Stop using online wallets!

What are the typical fees for sending BTC ?

What do you mean by "typical"? The fees that are chosen usually from the majority? The median fee?

[Pito001]

It not depends onwallet. It all about btc blockhain. In some wallets (like ownr, for example) you can set your own fee but transactions with too low fee will never be processed

[Lucius]

What are the typical fees for sending BTC ?

The fee you will pay at some point depends on many factors, and in order to properly determine how much fee to pay you need to know some basic things. Each transaction consists of your coin address from which you send (input) and the address to which you send (outputs). The more inputs and outputs, the bigger your transaction will be, so you will have to pay more.

If you are wondering how much more, it again depends on how fast you want the transaction to be confirmed, and that again depends on the current number of transactions waiting in one virtual waiting room we call mempool.

For example if you currently want your transaction to be confirmed in the next block, you need to pay 8 satoshi/byte, and for a standard transaction of 1 input + 2 outputs it would be about 250 bytes in size. So 8 satoshi x 250 = 2000 satoshi

[Innerpumper]

I think it depends on the blcockhain itself. If you use a cold wallet or your personal wallet you can set up a transaction fee. the sooner then the more expensive, however, if you think about the exchange I think the cheapest is blockchain.com

[Jawhead999]

if you think about the exchange I think the cheapest is blockchain.com

It's a worst wallet with full of glitch/visual bug, terrible receiving authorization email and not support segwit address, you will see bunch of people complaining with this wallet.

Blockchain.com is only support legacy wallet, which is charge more higher fee and you can't set up it yourself.

[semobo]

As ranochigo said, consider using Bech32 addresses (those that start with bc1, AKA Segwit), because they're reducing your fees by a lot.

When we are using an wallet like Electrum it is important to consolidate the smaller inputs which surely reduce the transaction fee by a huge margin. So anyone having x number of inputs into their address can consolidate when the transaction fee reaches 1 - 9 sat/byte which normally happens on weekends.

[NeuroticFish]

What are the typical fees for sending BTC ?

There's no such thing as typical fee.

You either allow the wallet pick the fee for you, either look at a website like https://mempool.space/ (like it was said a good number of times already) and pick a fee based on what are the "current" fees at the time of looking, how fast you want the transaction confirmed and if you are in/close to week-end or not (since in week-ends the fees tend to be a bit lower)

Since you don't know all this, I suggest you keep an eye on that website for a good number of times (at different hours/days) until you understand. And you can also ask more exact questions in case you didn't.


And for the question about wallets, I'd choose one that allows you RBF, coin control and choosing the fee by hand.

[Renampun]

It seems to me that the minimum fee is pretty high so only interesting for sending bigger amounts ..

I didn't explore other wallets but I think Exodus is perfect for you...
I just sent some satoshis for a 'very low' fee on my exodus wallet. At first, I thought the transaction would not work because the fee was very low but after a few hours, my transaction was confirmed. *DYOR, I'm just sharing my experiences

[MrcMrc]

Sagwit wallet is the best if you are looking to pay low fees on transactions,  but you can easily adjust the fees you pay in your regular bitcoin wallet if you can't understand the procedure in using the lightning network for sagwit.

[acquafredda]

I have come to realize that people pay the fees they deserve as doing that extra mile and learning how to properly manage a wallet requires time that average people do not want to spend to make sure they are able to pay the least amount of fees.
Rules are easy: 1. enable coin control, 2. make sure you use bech32 native segwit addresses, 3. do not accumulate too many unspent inputs, 4. transact when it is cheaper (like now).
Easy

[passwordnow]

Always check the mempool if the network is congested. https://jochen-hoenicke.de/queue/
It is one factor if you're going to do transactions to know if the fees are high currently. I do agree that most wallets that are in legacy will charge you higher especially if the size of your transaction is high.

if you think about the exchange I think the cheapest is blockchain.com

No, it's one of the most expensive and you should avoid using it.

[Lmaooo]

Try Electrum desktop bitcoin wallet or blockchain.com online wallet. These two are my very best bitcoin wallets when it comes to managing my bitcoin transaction fees because they would allow you to set your bitcoin transaction fees that you are willing to pay based on the current bitcoin transaction fees. Sometimes I prefer Electrum wallet more because I can set my transaction fees to the very minimum.

[bL4nkcode]

If you're basing your fee to USD rate then you can say its too high which is probably high due to current bitcoin price. Now if you're basing it to bitcoin I can say its probably low, since you can use lower than 0.0001 btc as your fee, and you need wallets that lets you manually input lower fee such electrum in desktop as I don't see it's implemented on its mobile version.

[Fatunad]

It seems to me that the minimum fee is pretty high so only interesting for sending bigger amounts ..

When it comes to online wallets then mostly you cant change them up but somehow those are already dynamic which simply means that it will vary on the network condition.
If the network fee is high then expect that it would really be high even those wallets doesnt have the control on that but when you do talk other wallets which could really
give you the chance on having some adjustments like in electrum then you can always opt in on how much you would be paying up on the fees and on how
long you do want to wait neither on the next block or in several numbers basing on sats/byte.

[malevolent]

When it comes to fees alone all that matters is if you can set your own fees (use the links above to get an estimate how much you should pay depending on how (im)patient you are), and if it uses bech32 addresses (those that start with "bc1", otherwise known as native segwit). Other factors such as transaction types, numbers of outputs being spent, etc. are on you.

Of course, non-custodial local wallets such as Bitcoin Core or Electrum are a much better alternative to online and custodial wallets due to the security aspect alone.

[Pianofibo]

It seems to me that the minimum fee is pretty high so only interesting for sending bigger amounts ..

You're probably talking about online wallets, this is why I see you confused. If you used a non-custodian wallet (like electrum) you would notice that every one of them offers you such feature. You set the fee, by yourself, not via some centralized services. Download it, install it and experience with it.

As ranochigo said, consider using Bech32 addresses (those that start with bc1, AKA Segwit), because they're reducing your fees by a lot.

PS: Stop using online wallets!

What are the typical fees for sending BTC ?

What do you mean by "typical"? The fees that are chosen usually from the majority? The median fee?

If you could give a range where the fee falls within , between x and y ....

[ranochigo]

If you could give a range where the fee falls within , between x and y ....

As we have mentioned in the thread, the fees is dictated by the user with most wallets and the fees that you're paying acts as an incentive for miners to mine your transaction over the others (transactions with higher fee rates are usually prioritized by the miners.

You are free to pay as much or as little as you want (>1 satoshi/vbyte) which can be configured for most wallet. Typically, the fees can fall within 7 satoshis/vbyte to 150 satoshis/vbyte for a reasonable time for it to be included in a block throughout the week. The general trend is that the fees are lower during the weekends. You are better off trying to optimize your spending habits by consolidating inputs and using segwit to reduce the fees as opposed to trying to find a better wallet. Wallet that offers the same address type (segwit/legacy) has no difference if you're paying the same fee rate.