Re: Consolidate small litecoin amounts to avoid costly transaction fees
Watch the last transaction in block 357052 - http://explorer.litecoin.net/block/782fa104098eeee4743dd3e973787e48e9c196983914eb6d129e004c2be0962f
0.27220891 LTC sent without fee, but within an hour after received...
I managed to regroup 4 coins in my wallet without paying fee with values of 0.05 to 0.14 after 12 days (not before).
I do not get it... Can anybody explain, how to avoid fees with Litecoin?
How to send BTC without fee it is quite clear now for me:
- output >0.01 BTC
- size of transaction should be <1 KB (or 10KB?)
- priority of transaction should be high enough, it means that input coins should be old enough
- for example 1 BTC have more than 144 confirmations (24 hours) or 0.1 BTC have more than 1440 confirmations (10 days)
- with more inputs priority is average of all input coins - this means that with very large BTC coin I could gather small coins without fee and waiting
0.27220891 LTC sent without fee, but within an hour after received...
I managed to regroup 4 coins in my wallet without paying fee with values of 0.05 to 0.14 after 12 days (not before).
I do not get it... Can anybody explain, how to avoid fees with Litecoin?
How to send BTC without fee it is quite clear now for me:
- output >0.01 BTC
- size of transaction should be <1 KB (or 10KB?)
- priority of transaction should be high enough, it means that input coins should be old enough
- for example 1 BTC have more than 144 confirmations (24 hours) or 0.1 BTC have more than 1440 confirmations (10 days)
- with more inputs priority is average of all input coins - this means that with very large BTC coin I could gather small coins without fee and waiting