Quote from: Asimmo on July 13, 2018, 02:05:05 PM

Quote from: Xester on May 07, 2018, 01:31:20 PM

Quote from: brawdias on May 07, 2018, 01:25:09 PM

How are the Bitcoin fees for transactions compared to the fees for ethereum ? I researched about the fees, but I would like to know perspectives for future, and how different coins are basing their fees. I know both coins have a huge growing potential, which is good, but the down side is related to the fees.

Transacting with the use of bitcoin have bigger fees compared to Ethereum but that is if you are sending to an external wallet. To avoid those high fees there is a way of doing that. And that is to use one and the same web-wallet host website. For example like coins.ph if you transfer bitcoins to other users using the same site there are no fees but if you are going to send it to external wallets then that is the time that you will pay the huge transaction fees.

Really didn`t know this.
Is it valid for other websites as well?
Is BTC transaction fee the same for every exchange or it only depends beneficiary`s wallet address location?
Can someone clarify exactly?

What he describes is a user to user transaction between coin.ph wallets.
Is basically what paypal offers for personal accounts.
They don't actually do the tx on the chain, they just change numbers in your account, no coins are actually moving.

Tx fees on the chain don't care about the sender or the receiver, it's all about the tx size in bytes.