Post
Topic
Board Bitcoin Discussion
Re: Bitcoin sending fees... are you serious?
by
nullius
on 16/12/2017, 06:14:21 UTC
The reason for high fees is because your wallet and the services you are sending Bitcoins to do not have Segwit enabled.
i think no. i always use different wallets like electrum, blockchain, coins.ph and coinomi but why the transaction fee is still  high?  i dont think that these wallets do not support segwit or enabled segwit in their services.

I don’t know about the others, but Electrum 3.0 does support Segwit.  You will need to create a new Segwit wallet.  By default, Electrum will give you the new address format with error-correcting codes; those addresses will start with the letters “bc”, and only people with Segwit-enabled software will be able to send money to them.  There are also backward-compatible Segwit “3” address, such as the address you see in my signature; anybody can send money to that, even with old software.  There is a method to make Electrum generate that address type, but it is somewhat more involved; perhaps one of these days, I should write up userfriendly instructions and post them in the Electrum forum.