Post
Topic
Board Beginners & Help
Re: Can I avoid the 0.0005BTC fee?
by
dooglus
on 29/06/2012, 02:29:36 UTC
I believe blockchain.info charges 0.01 BTC/transaction, regardless of number of inputs/input age.

Their FAQ says:

Quote
Are there any fees for using My Wallet?

No it a free service. You maybe asked to include a "miners fee" to help support the bitcoin network (See question below).

Why am I being asked to include a "Miners fee"?

A miners fee will encourage bitcoin miners to accept your transaction more quickly. Sometimes if you don't include a fee your transaction will never get confirmed and will be returned to you in approximately 24 hours.

The "will be returned to you" bit is news to me.  How is that even possible?  Some miner may include the transaction after 24 hours.