Post
Topic
Board Beginners & Help
Re: Qustion Starting with BitCoins
by
DannyHamilton
on 12/08/2013, 13:06:04 UTC
Hello its again me Cheesy I need to know something about fees. What is fee if i send money from my BitCoin wallet to somebody ? 0.005 ?

Thanks

It depends on the wallet.  Sometimes some wallets will let you create a transaction with no fee at all.  When a fee is required, it is often 0.0001 bitcoin per kilobyte.

Thanks, so i can set settings in Electrum (default is 0.0005BTC per KB) to 0.0001BTC?

Thanks

Like I said, it depends on the wallet.  I'm not sure if the latest version of Electrum allows the new 0.0001 BTC per KB fee or not.  That's probably a good question for the Electrum sub-forum.  If you don't get an answer quickly here, I'd suggest asking again over there:
https://bitcointalk.org/index.php?board=98.0