Author

Topic: Bitcoin fee faucet owner (Read 158 times)

member
Activity: 294
Merit: 27
bit.ly/Coins4Hash
January 31, 2018, 09:46:57 PM
#2
FaucetHub takes a 1.5% fee off of any coin deposit right off the bat, so there is no getting around that.

People are sending transactions with one satoshi per-byte fees, so that can't get any lower, really. 1 sat/byte fees confirm within 30 minutes - 12 hours. source

However, there are exchanges that cover withdrawal fees. Gemini will cover up to ten withdrawals a month for free. source

Gdax also covers withdrawal fees, but they are a part of Coinbase. They can also take a few hours to send the tx out to the network as well.

Either choice isn't a bad one: either you pay 1 sat per-byte or you don't pay any at all at the expense of an exchange having a record of your identification.
newbie
Activity: 21
Merit: 0
January 31, 2018, 08:41:14 PM
#1
Hello everybody

im working on new bitcoin faucet

there is any idea how to avoid the big fee of transaction, how i can make a deposit on faucethub with minimum fee. exclude coinbase please
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