Post
Topic
Board Bitcoin Discussion
Re: Are you using low fees?
by
kidoseagle0312
on 13/06/2017, 21:28:25 UTC
Sometimes when I withdraw BTC to my wallet, I set really low fees like 50-70 satoshi per byte and wait for weeks, because I'm not going to spend those coins in the near future anyway. I think it's a good way to save a bit of money, because if you look back, you might realize that your fees have added up to a big amount in USD value, while it wasn't always necessary to get those coins confirmed asap.
So, do you use low fees, or always want to get confirmation in a next few blocks?
Yes, I used low fees before when I first do transaction to withdraw my bitcoin using electrum wallet then I set it to the lowest fees
Since by that time I had no idea about it  before I received my bitcoin it takes 3days.