Post
Topic
Board Bitcoin Discussion
Re: Transaction fees
by
target
on 12/06/2020, 18:10:26 UTC

I haven't really paid 1 satoshi per transaction on electrum but how long does it take for its confirmation? Seem a bit too low for the miners to work on.

What do you think about transaction fee? Sometimes it really pisses me of.somedy, In the perfect world, there will be no comission at all. But frankly, I see that some exchanges have already decided to do that. I found a post, that it could be highly likely that the big part of the exhanges will do that soon. https://cryptogeek.info/en/blog/free-transactions. Sometimes, I gotta admit, that I can spend relatively a lot of money on the comission. I hope it will change somehow. I don't know how the other users can put up with it. Is there any legal way to avoid the fees?

If you don't like the bitcoin fees, there is always the option to use another coin like dogecoin, there you will see blocks each minute and the transaction fees are 1 doge, that means 0.00000027BTC to send a transaction.

Think about it and if the exchange has big fees, then don't make too many withdrawals, is better to hold the coins and make a big withdrawal to pay only one fee.


Sending out BTC from the exchange to your wallet has no other option but to turn them into an altcoin. Using doge or any other like XRP will do save amounts, prefer to use ETH but still not a shortcut unlike sending out directly.