What is your solution to pay less Fee ?

[ItsaWhale]

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 ?

thank you for your time if you do help me

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[Charles-Tim]

Use wallet that support replace-by-fee: Bitcoin open source wallets that support replace-by-fee (RBF)

Use ViaBTC free accelerator. Read the rules.
The transaction size should not be more than 500 bytes and the fee should be at least 10 sat/byte (around 19 sat/vbyte for native segwit).

Use ViaBTC free accelerator to accelerate the transaction. https://www.viabtc.com/tools/txaccelerator

Use blockchain explorer to check the fee used. If less than 10 sat/byte, pump it up to 10 sat/byte.

www.blockchain.com/explorer

[Odohu]

This is a major issue now that is affecting the entire system. The main reason is the Ordinals that are being minted on rhe Bitcoin Network. Until the hype from these NFTs die, the congestion of the mempool may continue as we will continue to see higher fees.

A way around it is to use viaBTC free accelerator.

Follow this thread for complete guide.

[mk4]

1. Put in a low-med fee if you're not in a hurry
2. I know this will be controversial, but have USDT on Tron/Solana for payments if you really can't afford bitcoin's fees
3. ViaBTC: https://www.viabtc.com/tools/txaccelerator

[Charles-Tim]

2. I know this will be controversial, but have USDT on Tron/Solana for payments if you really can't afford bitcoin's fees

Most people buy bitcoin for investment and nothing more. USDT is good during bear market but may not be an option for people during bull market because it is having dollar price.

3. ViaBTC: https://www.viabtc.com/tools/txaccelerator

This is just the best way if the transaction does not go beyond the rules set by ViaBTC for free transaction acceleration. Once ViaBTC mine a block, the transaction will be confirmed.

[hosseinimr93]

I do use Blockchain wallet to make Transaction as it has lower fee but recently the fees are very high

Blockchain.com wallet doesn't have lower fees.

Take note that all the fee you pay when making a transaction from a non-custodial wallet goes to miners and non-custodial wallets doesn't charge you any extra fee at all.
The fee you have to pay depends on number of inputs and outputs, address(es) type, how congested the network is and how fast you want your transaction to confirmed.

Different (non-custodial) wallets may use different methods for fee estimation and many of them even allow you to set the fee rate by yourself.

It's only custodial services like exchanges that charge high fees when you request a withdrawal.  

[mk4]

2. I know this will be controversial, but have USDT on Tron/Solana for payments if you really can't afford bitcoin's fees

Most people buy bitcoin for investment and nothing more. USDT is good during bear market but may not be an option for people during bull market because it is having dollar price.

Even in bull markets or whatever state of the markets, I don't think it would hurt to have a very small amount in Tron/Solana USDT if you really know that you're going to use it at some point; rather than spending double digits on bitcoin transaction fees.

[Wapfika]

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 ?

thank you for your time if you do help me

Don’t send transactions on peak days. Schedule your transaction during weekends so that you can send transactions using normal fees. I just recently sent a transaction using 3.5$ fee with just a day of waiting.

Be patient is the only way to pay less since the fee will slow down at some point so just send a transaction using low fee around 4$ and just wait to for the fee to slow down. People rushing in to send transactions is the reason why the fee is continuously rising.

[Saisher]

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 ?

thank you for your time if you do help me

The miners only prioritize transactions with high fees there is no solution to pay lesser fees when the volume is too high, the only solution is to wait until the congestion eases up, you can use a wallet that uses RBF and send it the amount that you can afford so when congestion ease up you can rebroadcast it and always check Mempool to trace the transaction fees and priority.

[Nwada001]

Is blockchain.com not a centralised exchange? If yes, in times like this, their fee is even worse than what it's being charged for normal transactions executing.

If you are not just buying to hold and it's for business purposes, I mean, if you accept payment in exchange for the service you render, it will be highly advisable if you can change that payment option because you might end up running losses as a result of you paying that high amount or fee.
 
And if you are also buying for investment purposes, if you consider the amount you buy and the amount you pay for the fee, you will notice that you might be spending more than you are accumulating unless you are buying in large quantities.
 
The fee is high everywhere, but I will advise you to make use of a wallet that can allow you to decide your fee, which you will choose based on how fast you want the transaction to be, and for small transactions, there are free accelerators there for you to use, as Charles has suggested.

[dzungmobile]

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 ?

Solutions are combination of things like

Preparation for your transaction by consolidate your small inputs when fee is cheap. Follow this thread: [Nov 2023] Fees are high, wait for opportunity to Consolidate your small inputs.

Use tx accelerator to bump your fee and get a confirmation without spending more satoshi by yourself.

Wait for mempool congestion to cool down and get a confirmation without fee bump or with less fee for bumping.

[hosseinimr93]

I just recently sent a transaction using 3.5$ fee with just a day of waiting.

Transaction fees are not paid in dollars. We pay the transaction fee in bitcoin and what matters is the fee rate (in sat/vbyte), not the total fee and not its fiat value.

Is blockchain.com not a centralised exchange?

Blockchain.com has a non-custodial wallet in which the user has full control over the keys.

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What is your solution to pay less Fee ?

thank you for your time if you do help me

I don’t know if the Blockchain wallet supports SegWit; I am not using it anymore. So, you can try using another wallet that supports SegWit addresses to reduce transaction fees by optimizing the use of block space.
You can probably customize the fees in the Blockchain wallet. This way, you can adjust the fee settings. However, before doing this, you should have a fee estimator tool. I used to visit a website before conducting Bitcoin transactions that provided real-time fee estimates, but I can't find it anymore. I would have shared it with you, but there are similar tools available.
Customizing the fee has its risks, as setting it too low might result in slower confirmation times or even rejection. If you want, try using a different wallet with lower fees compared to others to find the most cost-effective solution for your needs.
If you're open to using alternative coins, consider using LTC or BCH. Depending on your needs, you might explore other cryptocurrencies with lower transaction fees for specific use cases.

[Lamkuthang]

If you use a Trust wallet, you can reduce the spread number, for example if it is written as 250, you reduce it to 200 and then execute your transaction. For Pandauna you can browse on the internet, for example https://www.youtube.com/watch?v=vtPT96oVoX0. and I do that when I see that the gas costs do not match the amount of our assets that we want to withdraw. The gas is more expensive than what goes into our withdrawal account later.

[Zaguru12]

If you use a Trust wallet, you can reduce the spread number, for example if it is written as 250, you reduce it to 200 and then execute your transaction. For Pandauna you can browse on the internet, for example https://www.youtube.com/watch?v=vtPT96oVoX0. and I do that when I see that the gas costs do not match the amount of our assets that we want to withdraw. The gas is more expensive than what goes into our withdrawal account later.

OP is talking about bitcoin and bitcoin doesn’t use the Gas fee rather what it uses is the transaction fee. Yes you can customize your transaction with trustwallet but still it is not suitable for use when broadcasting bitcoin transaction because it doesn’t have an RBF opt in. Where this will be a case is when you set a fee and suddenly your estimation goes wrong then you need to bump the fee without the RBF opt in from the start it will be impossible to bump the transaction from your end. Although this days almost all nodes are now going full RBF but still you can use better wallets like Electrum that have this features

The miners only prioritize transactions with high fees there is no solution to pay lesser fees when the volume is too high, the only solution is to wait until the congestion eases up, you can use a wallet that uses RBF and send it the amount that you can afford so when congestion ease up you can rebroadcast it and always check Mempool to trace the transaction fees and priority.

RBF doesn’t really rebroadcast your transaction but rather replaces it with a new that has higher fees. If you’re not really ready to pay high fees during this period it is better to go through the ViaBTC free accelerator with all requirements meant or just leave the transaction till the congestion reduces

[NeuroticFish]

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 ?

thank you for your time if you do help me

My typical solution is to avoid sending unnecessarily too many on-chain transactions.
Yes, this usually means to also have some funds here and there in custodian wallets. And for you it would also mean to consider using LN for 10$ transactions (the on-chain fee doesn't depend on the amount of value you are sending).
I've also made my homework some time ago by consolidating the funds/transactions where possible.
And as said, for on-chain tx, ViaBTC accelerator is your friend. And a huge lot of patience.

However, as a disclaimer, I know it's easier to give advises than following them: in the past few weeks I didn't need to spend much, so my advice is based on my past actions (it's not the first time the fees go up "too much"; it's even not the worse situation we've ever had).

[tranthidung]

However, as a disclaimer, I know it's easier to give advises than following them: in the past few weeks I didn't need to spend much, so my advice is based on my past actions (it's not the first time the fees go up "too much"; it's even not the worse situation we've ever had).

People must go through such expensive transaction fee time, experience it to understand that they will need to have different kind of money and different plans. Because life is not smooth, transaction fees are not cheap forever on Bitcoin blockchain or any altcoin blockchain.

They must have a little bit money in Bitcoin, stable coin or cash. Make sure they will always have money to use with different ways and don't waste their money by expensive fees.

[Crypt0Gore]

There is something off about Blockchain wallet, they can't be trusted because their fee is always higher than normal, presently the Bitcoin transaction fee isn't this high, move your Bitcoin out of that wallet and get Electrum instead, if you can check mempool.space now you will see that the fee is around $4 to $4.3, I have known Blockchain wallet to always have this crazy high transaction fee since years ago.

If you transaction is stuck you can use viabtc to boost the speed and if you haven't make the transaction you should wait till you have more Bitcoin in the wallet, enough to worth the transaction fee it's asking for, and also start thinking about getting rid of Blockchain wallet, it's not worth it, as there are many better non-custodial wallets like blue wallet, electrum and even trust wallet are better.

[BlackHatCoiner]

- 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.

[Saint-loup]

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 ?

thank you for your time if you do help me

The best solution to avoid high transaction fees with Bitcoin is to use Lightning Network, so you can download Electrum for example on your device, send your funds on your new wallet and open LN channels. Another solution, could be to convert a part of your Bitcoins into a well known and accepted altcoin with small fees. Some people mentioned LTC and BCH but DOGE is also widely adopted and provide cheap transactions too. The last solution is to use a custodial platform like an exchange or a casino, with low or free withdrawal fees and to use it as wallet. You will need to take care of minimum withdrawal amounts though.