Coin Wallet - self-custodial open-source wallet. Discussion and News

[bitmover]

It's tough to reply on this forum, feels like we're back in 2005

i want to know what the extra fees are for, and who takes them.

This is a service fee.

What kind of services do you provide for this type of fee?

The service is provided by the miners.

They are charging for a service provided by someone else. 🤡

They are basically charging for ignorance/lack of attention of their users.

[coinwalletglobal]

Coin Wallet firmware has been elevated to v6.29.0, featuring improvements particularly relevant to hardware security. I checked the pertinent commit ^{"improve hardware keys ui"} and it seems that  UI now tells users when they have not registered any hardware security keys yet, instead of leaving that state blank. The OP will probably have more to say about this.

https://talkimg.com/images/2026/06/29/ULmFDW.png

Yes, you're right - in this patch we added some text for users. We also added an article to the support section. https://support.coin.space/hc/en-us/articles/360051635571-Hardware-security-keys-support

What kind of services do you provide for this type of fee?
What do you do differently from other wallets to have these fees?

This goes toward wallet development. And given that we've been around since 2015 - how exactly are other wallets any different?
We have a killer feature, but it's not related to bitcoin - it's about Monero, so I'm not sure it can be discussed here.

You have a point, but given that WalletScrutiny is also the go-to place for those who don't know how to check reproducible builds, I think it's worth reconsidering that part [in the long run, it might be beneficial for attracting more users (a win-win situation)].

We didn't have a great experience working with them, but we'll think about it again.

So declaring this wallet to be "free" is misleading

Don't mislead and change your tone.
First, you're wrong on this point "So declaring this wallet to be free" - where and when was that ever written?
Second, I already answered the question about the service fee and the links were in the very first replies, and I also answered about the number of blockchains - 11 out of 24. If you ignored those answers - please don't spam.

[joker_josue]

This goes toward wallet development. And given that we've been around since 2015 - how exactly are other wallets any different?
We have a killer feature, but it's not related to bitcoin - it's about Monero, so I'm not sure it can be discussed here.

Why not a donation system, instead of a direct fee?

When I used the test wallet I did in the past, it doesn't describe when the network fee and your commission fee is.
Currently, do these two pieces of information appear separately?

[bitmover]

This goes toward wallet development. And given that we've been around since 2015 - how exactly are other wallets any different?

I have not ever saw a wallet that charged users to make a transaction. This is completely different for any other wallet.

We have a killer feature, but it's not related to bitcoin - it's about Monero, so I'm not sure it can be discussed here.

You can discuss Monero here, no problem.

You should charge for this killer feature, not for bitcoin transactions, imo.

When I used the test wallet I did in the past, it doesn't describe when the network fee and your commission fee is.
Currently, do these two pieces of information appear separately?

Did you see the wallet fee when you made the transaction? was it clear in the screen?

I think it is very important to show users how much money are paid and what exactly is being paid.

[Zwei]

i want to know what the extra fees are for, and who takes them.

This is a service fee.

i don't think i have ever see a crypto wallet that charges 0.5% service fee for sending bitcoin transaction, and 0.5% service fee is fucking crazy.

and how exactly is it paid to you? does the wallet just add another address + the service fee when someone makes a transaction? that sounds like malware to me.
also, nowhere in the fee page that you say you charge a service fee, all you have is "transaction fee", bit misleading don't you think?

https://coin.space/all-about-fees/

This goes toward wallet development. And given that we've been around since 2015 - how exactly are other wallets any different?

I have not ever saw a wallet that charged users to make a transaction. This is completely different for any other wallet.

yeah, every other free wallet is either completely free, or they make their money through adding a swap feature where they get commission from every exchange.

[Forsyth Jones]

This goes toward wallet development. And given that we've been around since 2015 - how exactly are other wallets any different?
We have a killer feature, but it's not related to bitcoin - it's about Monero, so I'm not sure it can be discussed here.
----
Don't mislead and change your tone.
First, you're wrong on this point "So declaring this wallet to be free" - where and when was that ever written?
Second, I already answered the question about the service fee and the links were in the very first replies, and I also answered about the number of blockchains - 11 out of 24. If you ignored those answers - please don't spam.

I believe that's not the way to convince users to download the wallet, satscraper is not a spammer, he is a reputable member and most people here trust him given his history and reputation. If it's up to people to decide who to believe, who do you think they'll believe?

I think this issue of fees can be improved and you're probably thinking about that. It risks not being viable in the long term unless unsuspecting users use the wallet without knowing about these comission fees. What people are implying is that the extra commission isn't explicitly stated on the App or the website. I myself had difficulty get it all, as it's something I, at least, had never seen in the industry. Normally, the user only discovers this after the transaction has already been made and checked on the blockchain. That's the point I think people are highlighting here.

[bitmover]

This goes toward wallet development. And given that we've been around since 2015 - how exactly are other wallets any different?

The problem with such fee, is that satoshi is the one who developed this. Other wallets improved what he developed.
This is not something new. This is something someone else developed and for free.