What is your solution to pay less Fee ?

[Mpamaegbu]

~snipped~

If the aim is lower fees, then forget the pointless crypto swaps and look into simpler, practical options.

No, I don't think it's a useless advice. If anything, it makes sense. I've used that method at a point in the past. Anyway, what would be the, "simpler practical options" for you if I may ask other than swapping (maybe into other coins that's not LTC) that GeorgeJohn mentioned. Now is a very critical time for Bitcoin in terms of its major cardinal use as payment option and it's falling at it. I'm sure Satoshi would've been very disappointed seeing this.

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[Publictalk792]

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.

You are right that wallets like Electrum do not charge extra fee for transaction. The fee you pay when using Electrum are only for the miners who process and confirm the transaction. Electrum gives you the fee rate for your transaction based on these things like how many inputs and outputs there are and what type of addresses used and how much the network is busy and how quickly you want the transact. This control over the fee rate is a useful feature of Electrum because it lets users decide how much the transaction is important.
Basically I never used the Electrum for transaction so I didn't have much knowledge about that therefore I said in my previous message that you should select a wallet on basis of low fee. So I was thinking that Electrum also work like other wallets. I learned much after searching and I have written which I learn after searching. If I am wrong so please correct or I missed anything so you should tell.

[doomloop]

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

Either keep paying higher fees or wait for the fees to become lower. There is nothing else that you can do to reduce the fees since the whole network is congested and everyone will have to pay higher fees or have their transactions stuck for days without getting a single confirmation. It's only the miners that will enjoy these times since they will be getting higher amounts in transaction fees in these phases where the transaction fees of Bitcoin skyrocket all of a sudden.

In the past, it used to take a lot of time before the network would get congested after it used to happen once, but nowadays, it's happening too quickly because we saw the same thing happening a couple of months back, and now it's happening again and this isn't good for it, to be honest.

[hosseinimr93]

So I was thinking that Electrum also work like other wallets. I learned much after searching and I have written which I learn after searching. If I am wrong so please correct or I missed anything so you should tell.

In all non-custodial wallets, all the fee you pay goes to miners and it's not only electrum which doesn't charge extra fee. Some (non-custodial) wallets allow you set the fee rate by yourself. Even if a non-custodial wallets doesn't allow you to set the fee rate, it doesn't mean they charge extra fee.
Take note that you have to pay extra fee when withdrawing fund from custodial wallets or exchanges.

[Agbamoni]

Currently there is no magical way in running away from paying the fees showing on your wallet. You can use the viaBTC free accelerator as suggested by so many, but you need to remember that you have to set a lower fee before you use it. It works to accelerate the little fees you choose and not reduce the fee. Which means if it's going to take you a week or days to get your transaction confirmed the ViaBTC accelerator will reduce the time for you.

[Coyster]

Currently there is no magical way in running away from paying the fees showing on your wallet. You can use the viaBTC free accelerator as suggested by so many, but you need to remember that you have to set a lower fee before you use it. It works to accelerate the little fees you choose and not reduce the fee. Which means if it's going to take you a week or days to get your transaction confirmed the ViaBTC accelerator will reduce the time for you.

You can use ViaBTC accelerator with any fee rate that is higher than 10 sat/byte, you don't have to set a low fee to use it, but anyway it makes no sense to use a very high fee rate when you have the intention of submitting your transaction to ViaBTC free accelerator and you are willing to wait, so just make sure your fee rate is above 10 sat/byte.

That being said, it is advisable to mention the requirements for ViaBTC accelerator before recommending it, and in addition to the fee rate i mentioned above, your transaction must not be more than 500 Bytes and it must not have an unconfirmed parent transaction.

[AakZaki]

No, I don't think it's a useless advice. If anything, it makes sense. I've used that method at a point in the past. Anyway, what would be the, "simpler practical options" for you if I may ask other than swapping (maybe into other coins that's not LTC) that GeorgeJohn mentioned. Now is a very critical time for Bitcoin in terms of its major cardinal use as payment option and it's falling at it. I'm sure Satoshi would've been very disappointed seeing this.

This is the big deal regarding scalability. Bitcoin still has shortcomings about network density that involve high fees. Some people have found solutions through Lighting Network or taproot, but this also still has the disadvantage that there are disadvantages when making large transactions.
The best thing is to wait for the network to be quiet. Or maybe moving on some coins with a light transaction fee you can do even though it's not practical. The current network density also seems to come at the beginning of every halving moment. If it is not urgent, maybe keeping it is the best option.

[serjent05]

Nothing to do here but wait for the transaction fee to get lower or the network to be cleared of spam transactions caused by ordinals and other transactions that intentionally congest the network to make the fee higher..  We can monitor it through Mempool and be ready to make a transfer once the fee goes lower.  After the transaction, I make sure that I will push it with the transaction accelerator service like ViaBtc to make sure that the transaction will be picked up by viabtc miners to get confirmed.

RBF does not make any fee less, but it is good to be enabled just in case the tx fee goes really high after sending the transaction and there is an urgent need to make the transaction confirmed.

[sheenshane]

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.

All OP needs to do is monitor the mempool space, not the market situation.
Because when the mempool space is clogged with a bunch of transactions, it could result in high fees which means nothing we can do is wait when it will cool down.  I mean, we should always prefer to check this mempool space for the Bitcoin transaction status.

AFAIK, blockchain wallet don't support modifying fees, correct me if I'm wrong with this.
Unlike non-custodial wallets like Electrum, you can set a fee of even 10 sats to transfer your Bitcoin.

And those who suggested using a transaction accelerator, you can use them if you've met their qualification standard, which means not all the time you can use Bitcoin accelerator.

[terizla]

If you want to send $10 and that fee is $10 - $15. Better you waiting the gas fee reduce.
Because if you don't have enough fee in high gas fee this can make your transaction stuck and the fail.

[Coyster]

If you want to send $10 and that fee is $10 - $15. Better you waiting the gas fee reduce.
Because if you don't have enough fee in high gas fee this can make your transaction stuck and the fail.

This amount is very small to be sending it on-chain, especially when fees is as high as it is right now, if you have too many smaller inputs, consolidate it when transaction fees become low, and if you want to send a small amount like this, i think you should do it off-chain through the Lightning network. Fees in the Bitcoin network is also not called gas fee, but transaction fee.

[siniminomorocomunisakito]

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

There is no way as transaction fees and confirmation times are increasing In theory the competition for block space is also increasing and this is a soft fork which is not dangerous but quite a hassle having to delay if the set is low. It is true that this is Market Dynamics but once again this scaling problem continues to increase and must be addressed immediately even though there is a Lightning Network but it is still not optimal.

[Saint-loup]

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.

What do you mean by "shitcoin blokchains" precisely? Most of solutions in your link are unknown and not used by anybody, while even Lightning Network has some security holes. It's way more safe to use a well known, reputed and used blockchain, here since many years than an exotic solution IMO. In addition if people leave Bitcoin to cheaper blockchains or coins it will push Bitcoin devs to find solutions in order to address this problem.

[dkbit98]

What do you mean by "shitcoin blokchains" precisely?

You live under the rock or what?!  
I am sure not going to educate you what shitcoin blockchains are if you didn't learn that since 2017.

Most of solutions in your link are unknown and not used by anybody, while even Lightning Network has some security holes.

This is not mine link, it's Jameson Lopp link, and if Lightning Network have some holes, than shitcoins have abyss or trench of insecurity.

It's way more safe to use a well known, reputed and used blockchain, here since many years than an exotic solution IMO.

No comment.

[Bitcoin_people]

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

We can see that the transaction fees of all platforms, including Bitcoin, have increased significantly over the past few days. Where users face many problems to transact and withdraw their funds. Because the transaction free is more than the amount to be withdrawn, for which small investors are in a lot of trouble. Although currently the mempool of Bitcoin transactions has decreased a bit and if you are trading small amount then of course you can trade USD instead of Bitcoin. Moreover, there are some other coins where you can transact with a very low fee, for example, if you transact coins like LTC Sol, your fee will be reduced. As Bitcoins currently have high transaction and over-transaction fees, you can trade with them as an alternative.

[Pandu Geddon]

What is your solution to pay less Fee ?

there's nothing you can do but wait for the costs to fall. and today it seems to have started to decline. still quite expensive but nothing like when you made this thread.
now it's down a bit at around $3-5, maybe if you don't mind you can do it. but if you feel this is still too expensive, of course, you have to wait more patiently.
It seems like this kind of situation has happened several times.

[Patrol69]

I really don't see any solution other than waiting but if your transaction is very urgent then you need to monitor mempol regularly because here you can see how much gas fee can be charged for bitcoin transaction. Mempol is relatively low during the period when transactions are usually low and you need to transfer your bitcoins during that time. According to the current mempol you can complete a bitcoin transaction within three to five dollars. If you want to do your bitcoin transactions for less then you must monitor mempol.

[2Pizza410000BTC]

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

Increasing Transaction Fees This is currently a major problem for Bitcoin users. Currently, the transaction fees have increased tremendously due to the increase in mempool. If there was a system in place to minimize these transaction fee increases, Signature campaign managers would have known and sent Signature weekly payments with a small fee. From here I think there is no system to reduce the mempool.

Right now I can see the mempool is down a lot. Mempool is currently positioned at 45sat/VB. However, it is expected that the mempool will decrease further soon.

[_act_]

Currently, the transaction fees have increased tremendously due to the increase in mempool. If there was a system in place to minimize these transaction fee increases, Signature campaign managers would have known and sent Signature weekly payments with a small fee. From here I think there is no system to reduce the mempool.

The mempool is not increasing or decreasing, it can only be congested or not congested which I think is what you are talking about. You can see how the mempool had over 289000 transactions some days ago and the fee was very high, unlike now that it has over 212000 transactions that the fee is lower but not that low. As more transactions are not confirmed but remain in mempool is the congestion that I am talking about.

[Saint-loup]

What do you mean by "shitcoin blokchains" precisely?

You live under the rock or what?!  
I am sure not going to educate you what shitcoin blockchains are if you didn't learn that since 2017.

Most of solutions in your link are unknown and not used by anybody, while even Lightning Network has some security holes.

This is not mine link, it's Jameson Lopp link, and if Lightning Network have some holes, than shitcoins have abyss or trench of insecurity.

It's way more safe to use a well known, reputed and used blockchain, here since many years than an exotic solution IMO.

No comment.

I'm sorry if I didn't understand what you meant, but since you said "other shitcoin blockchains" I was wondering if you were not talking about all altcoins, like some extremist maximalists who don't trust any cryptocurrencies except Bitcoin despite all its downsides, and the fact that most large cap cryptos are more safe and user friendly than Lightning Network.