What is your solution to pay less Fee ?

[BitMaxz]

- Open a lightning channel.
- Swap your bitcoin for a widely adopted altcoin like litecoin, and once this Ordinal spam ends, return back.

That's all. You can't do anything to enjoy less fees on-chain. There's this law of demand and supply regarding the block space which pulls us all back.

But you'll still need to pay for on-chain fees when you open a channel.
If he wants to pay less tx fee then he needs to follow the recommended fee(low priority) from mempool.space or the other solution he should use a ViaBTC as suggested by others but he needs to follow the recommended transaction size and fee rate from ViaBTC to be able to use their free service.

[Woodie]

Any micro payments that involve paying a transaction fee that's more than the amount involved is a no-no!!!

If you trying to send some bitcoins to a friend or family member, with the current high fees I think it makes financial sense to opt to use Altcoins for cheaper transactions and save a little, even if you can afford !! I know my out there feel uncomfortable to go with alts but matching up the tx fees is adding fuel to a fire 🔥 and end result is much higher fees.

What is your solution to pay less Fee ?

Crypto is one big ecosystem with smaller coins/tokens surrounding it, and at this point it wouldn't hurt to switch to thesr for now, while we wait for BTC fees to notmalize.

[GeorgeJohn]

When you want to pay a lesser fee as bitcoin charges is high, I think best slow is to swap your bitcoin litecoin and send across any wallet you want and mostly exchange and after swapping it there you can swap it to bitcoin, or if you don't want do it by swapping, you can use accelerator to make your bitcoin to confirm very fast, because people who is in charge of accelerator do have a large transactions, so the will include your hash rate to speed your transaction when they attach it to their larger transaction.

[Oneandpure]

Looks not have an ideas how to reduce fees transaction when sending bitcoin trough one wallet to other wallet, regarding if you Bitcoin fund in CEX exchange you can sent trough lightening network without have to sent trough wallet required with higher fees transaction. If not have many option, better waiting until have lower fees for sending and not exact date when is happening due almost one week higher fees sending and many campaign have an ideas for covert the payment kinds.

Other option you can convert to altcoin with have lower fees such as Solana, Litecoin and BNB but you need to convert it in exchange account, better not reduce set up  gas transaction limit because worry with your transaction will process delay and taken more than several days for your transaction will be success.

[Darker45]

Blockchain.com has custodial and non-custodial wallets. Use the latter as it allows custom fee. Use the cheapest fee possible. Check the mempool first for the optimum fee rates. If possible, transact using native SegWit addresses.

Furthermore, you may also consolidate and batch your UTXOs. Do it when the fees are low. As suggested, you may also try using ViaBTC's free accelerator. There's an amount limit, though, and be warned that other accelerators may not actually help. There's also the Lightning network you might want to try using.

On the other hand, practicality suggests that if the persons you're often transacting with accept altcoins which have very low fees or stablecoins, that would be an option. Also, certain custodial wallets like those of centralized exchanges don't require transaction fees for internal transfers. If, for example, you have and you're transacting with individuals who also have Binance accounts, do the transactions there.

[libert19]

If transaction is not urgent, wait until fees go down, or make a transaction at fees you like and wait. Just about a week ago I made BTC transaction at about $2 fees, it took night to complete but it went through, that's all I cared.

If it's urgent, probably the best idea is to bite the bullet.

[FatFork]

When you want to pay a lesser fee as bitcoin charges is high, I think best slow is to swap your bitcoin litecoin and send across any wallet you want and mostly exchange and after swapping it there you can swap it to bitcoin,

This is useless advice in the conditions of high fees on the bitcoin network. It just makes things more complicated by adding extra steps and fees when the goal is to pay less in fees.  I mean, jumping through hoops only to end up in the same spot but with higher costs? Makes no sense.  If the aim is lower fees, then forget the pointless crypto swaps and look into simpler, practical options.

[dkbit98]

What is your solution to pay less Fee ?

You can use Lightning Network that is created exactly for this purpose when fees are high, and LN can be used for smaller transactions.
Second option is Blockstream's Liquid Network, that can be used with L-BTC and other tokens on same network.
There are other Second Layer solutions and most of them are listed on Jameson Lopp website:
https://www.lopp.net/bitcoin-information/other-layers.html

Don't use any fake bitcoin tokens of other shitcoin blockchains, or at least don't use them long term.

[BlackHatCoiner]

But you'll still need to pay for on-chain fees when you open a channel.

Yes, my suggestion applies for a daily basis, not for particularly one on-chain transaction. If you make on average 5-10 Bitcoin transactions a month, then it's better to open a channel and not worry about network congestion.

I know my out there feel uncomfortable to go with alts but matching up the tx fees is adding fuel to a fire 🔥 and end result is much higher fees.

One big problem is that we don't all have altcoin wallets setup. I don't use any other cryptocurrencies, so asking me to opt-out there requires me to spend time searching for their software development. My choice would be either Litecoin or Bitcoin Cash due to their adoption.

[BitMaxz]

Yes, my suggestion applies for a daily basis, not for particularly one on-chain transaction. If you make on average 5-10 Bitcoin transactions a month, then it's better to open a channel and not worry about network congestion.

Yeah, I agree but the problem is if you have an open channel the size of your funds is fixed you can't just add or deposit more funds in your open channel you will need to close and open the channel to merge your current on-chain funds to your lightning funds that will cost on-chain fees.
This would be costly for a one-time transaction but good for multiple small lightning transactions.

[Publictalk792]

Exactly in these days Bitcoin transaction fee is too much high. And I can understand that you are in trouble with the high fee on the Blockchain wallet. One way to pay low fee is to use a different wallet that has low fees. There are many wallets available like Electrum Exodus or Mycelium. You can use with your choice or can choose according to fee.
Another option is to use a service that can make your transaction faster. Means I am taking about Bitcoin Transaction Accelerator. Some are paid and some are free. So I know one free Accelerator which you can use I think anyone has posted already. In the first you can see ViaBtc Accelerator.
Or if your are on exchange so you can use other coins too like Litecoin Bitcoin cash. Or others Alts which have low fee.

[hosseinimr93]

One way to pay low fee is to use a different wallet that has low fees. There are many wallets available like Electrum Exodus or Mycelium. You can use with your choice or can choose according to fee.

Non-custodial wallets like electrum don't charge you any fee for the transactions you make. All the fee you pay goes to miners. Therefore, it doesn't make sense to say that electrum has lower fees.
In electrum, it's you that chooses the fee. The required fee rate depends on number of inputs and outputs, address(es) type, how congested the network is and how fast you want your transaction to be confirmed.

[ItsaWhale]

thank you a lot for your time explaining i really do appreciate it

[jrrsparkles]

thank you a lot for your time explaining i really do appreciate it

The long-term solution is to wait until the clog gets clear, short term solution is LN but only if you are going to make small-valued TX more often and can't able to postpone it for any reason.

I would say wait until things clear and we are not far away from seeing 1sat/vbyte TX to be included in the blocks.

[jossiel]

The solution is not to transact at these high fee times. If you can pay what the network is requiring you with the high priority, no one can stop you in doing so.

But if your transactions are just like measly amounts then you don't have to sweat on it. Like what everyone is talking about waiting for it to drop down, that's what I am doing. I am not in a hurry and my transactions can be delayed so that's totally not a problem to me.

And to those that are in different situation and you need to do the transaction as much as you can. The alternative is to use altcoins that have cheaper fees yet fast in confirmations like LTC which is what everyone trying to do now.

[Doan9269]

Hello dear members of BitcoinTalk

I do use Blockchain wallet to make Transaction as it has lower fee but recently the fees are very high
so i have to pay around 15-20$ per Transaction even if  i send 10 $ 

What is your solution to pay less Fee ?

First have a target on the use of the mempool to study the way the congestion was going with each transaction fee for every category, also try to make weekends transactions because the mempool is less congested sometimes during this period, make use of a free bitcoin mining pool to accelerate your transaction in other to make it faster, in doing this, the kind of wallet you must use has to be the type that supports RBF.

[GeorgeJohn]

thank you a lot for your time explaining i really do appreciate it

I will like you to understand that you should check around and take some information that is vital, because in any thread we have positive and negative advice in which I will like you, to go through all the information dropped here because another thing is to wait until the madness of market calm down.

[tabas]

I agree with the suggestions above that you need to maximize this time if you are going to transact. If urgent, you have no choice but to deal with the set present fees. If not, you need to check the fees suggested by mempool.space and do it when it is quite low. What is quite low these days? It varies from the amount you will send. A $3 fee can be low for an individual because of how huge it was for the past few days. But as said going about maximizing it, don't do small transactions because it might just be eaten by the fees and can be stuck up if you do not prepare it. So, prepare your transactions while we are still experiencing dynamic fees.

[hatshepsut93]

My solution is to just hodl Bitcoin as an investment and occasionally sell it on exchanges if needed, and for that I wait for periods of low fees and deposit some BTC to have a small amount on my exchange account ready for sale if I have to. I'm not buying anything with BTC that could justify even a $10 fee so I'm going to wait for mainstream Lightning Network before considering using Bitcoin for smaller payments.

[SamReomo]

My solution to pay less fee is by not making any transactions during the network congestion because when network is congested with so many transactions then the fee gets higher and anyone who wants to make transactions with low fee during such times won't be able to receive or send the transactions as miners won't be accepting low fee transactions during such times.

Another important step to do during such times is to do transactions with another blockchain instead of Bitcoin and I think Monero is one of the best altcoins to go with during network congestion times because the Monero network is quite safe and the transactions are secure and the fees are low.