Welcome to BeerMoneyForum.com - BIGGEST MAKE MONEY FORUM ONLINE

[NoLimits15]

Bitcoin transaction fees have increased to at least 2213% by the start of this year. This is due to the fact that more people are making bitcoin transactions now than ever, which means more space is needed and thus the fees rise to given the miners more reward. The transaction fees are now around $6.64 which previously was extremely low.

 

[Balint098]

I'm sorry. Can I ask you what you mean by commissions (or fees) in Bitcoin?
Maybe the Bitcoin / $ (or other real currency) ratio, or instead other fees, like withdrawal transaction?
Thank you.

It's transfer fee, like when you send your money to your friend's wallet. It also applies when you withdraw from faucet sites to your wallet yeah, though some faucets pay directly to Faucetpays for example.

 

[adventurer]

this is why I'm not using bitcoin anymore because you can't really calculate the fees and always you end up loosing so much, and when they give you the option of choosing the fees the transaction will stay up untik 3 months or more

 

[Coolvibez]

I think its the high traffic and network loads,and a situation in which so many people using btc as made the transaction fee increase . I think I will start exchanging into other crypto ,the transaction fee on btc is getting higher

 

[highspeed]

It's transfer fee, like when you send your money to your friend's wallet. It also applies when you withdraw from faucet sites to your wallet yeah, though some faucets pay directly to Faucetpays for example.

I get it. The same thing, for example, also happened here, when we withdraw on PayPal, where the transfer fees were around $ 0.45. This I think is the meaning. Thank you.

 

[Balint098]

this is why I'm not using bitcoin anymore because you can't really calculate the fees

You can. Most wallets and exchanges (even some faucet) also provide fee calculator so that you can calculate the fee and just how much your money will be left after the transfer is done.

 

[highspeed]

Hi my BMF friend. @Emoney
I have something to ask you. But to be me, a correct person, I prefer to write it in your PM box.
As soon as you can, you can check, also now, if you want.
Thank you.

 

[SCAMEXPOSER]

this is why I'm not using bitcoin anymore because you can't really calculate the fees and always you end up loosing so much, and when they give you the option of choosing the fees the transaction will stay up untik 3 months or more

It is not possible to loose much when send Bitcoin at the right time in higher amount. Crypto currencies to me has lower transaction fee as compared to ecurrency platforms.

 

[kx90su57]

can anyone here advice me with the wallet that has less fees ? is it block chain ! because now I'm using bitcoinofficial.org

 

[Balint098]

can anyone here advice me with the wallet that has less fees ? is it block chain ! because now I'm using bitcoinofficial.org

Depends of what kind of cryptocurrency you want to hold. Bitcoin or other crypto? Or do you prefer a wallet that can hold multiple cryptocurrencies?

 

[adventurer]

It is not possible to loose much when send Bitcoin at the right time in higher amount. Crypto currencies to me has lower transaction fee as compared to ecurrency platforms.

yeah you will not feel it when you send big amounts that's right but for me I don't send big amounts so I care about the fees this is why payeer and other ewallets are good for me

 

[SCAMEXPOSER]

can anyone here advice me with the wallet that has less fees ? is it block chain ! because now I'm using bitcoinofficial.org

There are different types of wallet both new and old ones , I will advise you to have two wallets , one to hold few coins and another to hold multiple coins , in this blockchain, coinbase and trust wallets are ok for few coins while coinnomi is nice for multiple coins.

 

[kx90su57]

Depends of what kind of cryptocurrency you want to hold. Bitcoin or other crypto? Or do you prefer a wallet that can hold multiple cryptocurrencies?

yes my friend , I would like to start mining bitcoin once I have good amount of money , so would you please advice with a wallet that like I already said has the lowest fees ?

 

[Balint098]

yes my friend , I would like to start mining bitcoin once I have good amount of money , so would you please advice with a wallet that like I already said has the lowest fees ?

Try Guarda wallet or Blockchain wallet. Guarda supports Bitcoin, Ethereum, Tether, EOS, TRON; while Blockchain supports bitcoin, bitcoin cash, Ethereum and stellar.

 

[kx90su57]

Try Guarda wallet or Blockchain wallet. Guarda supports Bitcoin, Ethereum, Tether, EOS, TRON; while Blockchain supports bitcoin, bitcoin cash, Ethereum and stellar.

I heard that the fees on the blockchain wallet are getting higher , is it true ? and can you please check this one and tell me what do you think of it https://bitcoinofficial.org/#fees

 

[Balint098]

I heard that the fees on the blockchain wallet are getting higher , is it true ? and can you please check this one and tell me what do you think of it https://bitcoinofficial.org/#fees

I heard some people complain about Blockchain wallet's fee, yes. Also, I can't access that link you gave me because I don't even have an account there.

 

[kx90su57]

Try Guarda wallet or Blockchain wallet. Guarda supports Bitcoin, Ethereum, Tether, EOS, TRON; while Blockchain supports bitcoin, bitcoin cash, Ethereum and stellar.

Can you please tell me the fees on guards wallet ? And does it support the exchange between coins ? Like I wanna exchange ethereum to bit coin for example

 

[SpeedyGonzales]

Can you please tell me the fees on guards wallet ? And does it support the exchange between coins ? Like I wanna exchange ethereum to bit coin for example

Yes you can exchange coins on guarda wallet and import/export private keys. The fees are reasonable when using exchange and when you send a btc transaction you can choose 1 sat/byte. I tried it and it worked perfectly with 1 sat/byte

 

[Ewogboka]

The mining fee, the network loads especially this pandemics could make to to opts bitcoin and other Crypto currencies,the trading volume bitcoin alone this year has drastically increased.

 

[Sojib khan]

Bitcoin transaction fees have increased to at least 2213% by the start of this year. This is due to the fact that more people are making bitcoin transactions now than ever, which means more space is needed and thus the fees rise to given the miners more reward. The transaction fees are now around $6.64 which previously was extremely low.

Since btc is a popular currency its transaction fee is too much high...as you said this year btc transaction fee increase because of lot of trader are now trading on btc..for high fee i usually use ltc to do transaction..because its more faster than btc

 

[Ewogboka]

Since btc is a popular currency its transaction fee is too much high...as you said this year btc transaction fee increase because of lot of trader are now trading on btc..for high fee i usually use ltc to do transaction..because its more faster than btc

Many people are now looking for alternative to reduce the transaction fee by using less popular coin so may this will reduce the transaction fee in bitcoin .