Thank you, I think that explains it. I tried using electrum to send BTC and it has a window where you enter the fee. However, it doesn't tell you what is the minimum fee required. Then I googled bitcoin fees and it doesn't tell you how much fees per bitcoin but how much fees per 1000 bytes. So, now I'm really confused.

I ended up sending the BTC after entering a fee of 0.0001 BTC since I read that most transactions are only 500 bytes. I sent the funds and now it deducted the fee and sent the funds. The coinbase fee free transaction took 30 min to 60 minutes to reach 6 to 7 confirmations and all the confirmations took place at the same time.

The transaction that I sent using electrum with a 0.0001 btc fee only took 8 minutes for 3 confirmations. So, the fee transaction is faster while the free one is slower. However, the slower transaction took place anyways and while some tranactions require a fee some don't.

I am SOOO Confused. Someone please help a newb figure out how much to pay in fees and type the correct fee in the electrum wallet. Maybe I should use a different wallet? ?

Thanks,

Quote from: DannyHamilton on February 22, 2014, 11:08:00 PM

Be careful about taking advice from a bunch of newbies making random guesses about stuff they don't understand. This thread is full of people who just seem to like to see their own name in a thread.

Post the transaction ID and we can tell you for certain, but as long as the amount being sent is large enough CoinBase usually pays the transaction fee on behalf or their users. So, the transaction fee was probably paid, but it was probably paid by them instead of taking it out of your funds.

http://support.coinbase.com/customer/portal/articles/815435-does-coinbase-pay-bitcoin-miner-fees-