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Beginners & Help
Re: Can I avoid the 0.0005BTC fee?
by
pekv2
on
28/06/2012, 17:17:39 UTC
Quote from: EnergyVampire on June 28, 2012, 05:07:58 PM
"A transaction can be sent without fees if both of these conditions are met:
It is smaller than 10 (SI) kilobytes (10.000 bytes).
All outputs are 0.01 BTC or larger. "
https://en.bitcoin.it/wiki/Transaction_Fee
This explains a lot. I never understood the fee's, I sorta do now, while we all buy our bandwidth from our ISP's, and move blocks around with our payed for bandwidth, kinda goofy to pay a fee no matter the size or age. I only know so much though.