Post
Topic
Board Development & Technical Discussion
Re: how to send 1000 satoshi payment?
by
onrise
on 23/10/2017, 11:11:28 UTC
useless like you have seen in posts, fee is to high for such small tx

Theoretically, this is possible by using micropayments service. However, the condition is that these small amounts have to be collected at the address registered in this service. They have minimum that have to be collected, when you reach the minimum limit, they send it with bunch of other little transactions.

Yes this is right since the payment is hardly it is combined with the other transactions and then sent out the payment. Actually now I have stopped sending any such transactions as the price of btc is rising the fee is actually getting much bigger than the actual send out at times. Also on LB you can transfer internally for free one of the options.