Post
Topic
Board Bitcoin Discussion
Re: Which is the lowest transaction fee bitcoin wallet?
by
Kemarit
on 01/01/2020, 10:46:43 UTC
Many of you will say blockchain wallet. I use blockchain wallet.
But if we talk about transaction fees,
Its most of the times we have seen goes too high,if we have to send on high priority.

If we talk about Binance, it has minimum withdrawal fee of approx. 0.0005 BTC, approx. $3.00-$5.00



I'm confused here, you says lowest transaction fee? If you are talking about exchanges. Yes, Binance has 0.0005 BTC withdrawal fee and so as Kucoin and Kraken.

But if you used a wallet that you have control of your privatekeys like Electrum, you can customized the transaction fees. You can used this ( https://jochen-hoenicke.de/queue/#0,24h) to get an estimate on how much fees you need to pay.

P.S. I don't used blockchain wallet. There are a lot of options out there, like Electrum.