blockchain.info | Bitcointalksearch.org

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legendary

Activity: 1750

Merit: 1115

Providing AI/ChatGpt Services - PM!

Quote from: sann111 on December 29, 2017, 11:08:09 PM

How much? what percentage?

It is not calculated in percentage.Go hit yourself with a book that teaches you basics of bitcoin.

Quote from: sann111 on December 29, 2017, 04:29:28 PM

Does blockchain.info have a network fee when transfering to an address on an exchange?

- Bitcoin isn't something you use to get rich in one day.Throw that mentality out of your window.
- Least you can do is read about blockchain and how things work before starting to use the cryptos.
- I could simply answer your question and clear your doubts but you guys need to put some efforts learning the economy before trying to fit in.
- Network fee is network fees,no exchange or service is exempt from that.

sann111

jr. member

Activity: 196

Merit: 1

Quote from: BabyFacedGuy on December 29, 2017, 08:09:34 PM

Quote from: sann111 on December 29, 2017, 04:29:28 PM

Does blockchain.info have a network fee when transfering to an address on an exchange?

Anytime you want to take your bitcoins out of blockchain.info you will be charged a fee for that.

How much? what percentage?

BabyFacedGuy

member

Activity: 88

Merit: 10

Quote from: sann111 on December 29, 2017, 04:29:28 PM

Does blockchain.info have a network fee when transfering to an address on an exchange?

Anytime you want to take your bitcoins out of blockchain.info you will be charged a fee for that.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: sann111 on December 29, 2017, 07:56:35 PM

Quote from: exstasie on December 29, 2017, 07:36:25 PM

Quote from: sann111 on December 29, 2017, 06:31:45 PM

Quote from: Welsh on December 29, 2017, 04:49:52 PM

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.

The thing that most people don't understand at first is that transaction fees in Bitcoin are decided by size. It's not a one-size-fits-all system. The tool linked above lists expected confirmation time by "fee rate." This is the rate you are willing to pay to have your transaction confirmed.

Use the "Customize fee" feature when sending on Blockchain.info. It will ask you for the satoshi/byte you are willing to pay. The fee estimator on earn.com gives you an idea of the delay you can expect. Right now, pay ~550 satoshi/byte for confirmation in the next block. You can probably pay ~200 satoshi/byte if you can wait 6 or 8 hours for confirmation.

One problem with Blockchain.info is that they didn't integrate the replace-by-fee protocol. So once your transaction is stuck, it's stuck, and you need to resort to transaction accelerators or simply wait. This is one of the reasons why I prefer Electrum to Blockchain.info.

whats the advantage of Electrum? how much is the deposit and withdrawal fee?

One big advantage is that it uses replace-by-fee. If you set a low fee rate, you can enable replace-by-fee just by clicking a box when you send. Then if the transaction gets stuck due to low fees, you can easily bump the fee to get it confirmed. You don't have this option on Blockchain.info.

Like most wallets, Electrum doesn't estimate fees that well. But you can set your own fee, based on the urgency of your transaction. Do you need confirmation in the next block? Then you can manually set your fee based on the recommended fee at bitcoinfees.earn.com. But if you are willing to wait a few hours, or a few days, then you can manually set the fee considerably lower. Use bitcoinfees.earn.com to gauge how long the delay will be.

sann111

jr. member

Activity: 196

Merit: 1

Quote from: exstasie on December 29, 2017, 07:36:25 PM

Quote from: sann111 on December 29, 2017, 06:31:45 PM

Quote from: Welsh on December 29, 2017, 04:49:52 PM

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.

The thing that most people don't understand at first is that transaction fees in Bitcoin are decided by size. It's not a one-size-fits-all system. The tool linked above lists expected confirmation time by "fee rate." This is the rate you are willing to pay to have your transaction confirmed.

Use the "Customize fee" feature when sending on Blockchain.info. It will ask you for the satoshi/byte you are willing to pay. The fee estimator on earn.com gives you an idea of the delay you can expect. Right now, pay ~550 satoshi/byte for confirmation in the next block. You can probably pay ~200 satoshi/byte if you can wait 6 or 8 hours for confirmation.

One problem with Blockchain.info is that they didn't integrate the replace-by-fee protocol. So once your transaction is stuck, it's stuck, and you need to resort to transaction accelerators or simply wait. This is one of the reasons why I prefer Electrum to Blockchain.info.

whats the advantage of Electrum? how much is the deposit and withdrawal fee?

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: sann111 on December 29, 2017, 06:31:45 PM

Quote from: Welsh on December 29, 2017, 04:49:52 PM

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.

The thing that most people don't understand at first is that transaction fees in Bitcoin are decided by size. It's not a one-size-fits-all system. The tool linked above lists expected confirmation time by "fee rate." This is the rate you are willing to pay to have your transaction confirmed.

Use the "Customize fee" feature when sending on Blockchain.info. It will ask you for the satoshi/byte you are willing to pay. The fee estimator on earn.com gives you an idea of the delay you can expect. Right now, pay ~550 satoshi/byte for confirmation in the next block. You can probably pay ~200 satoshi/byte if you can wait 6 or 8 hours for confirmation.

One problem with Blockchain.info is that they didn't integrate the replace-by-fee protocol. So once your transaction is stuck, it's stuck, and you need to resort to transaction accelerators or simply wait. This is one of the reasons why I prefer Electrum to Blockchain.info.

sann111

jr. member

Activity: 196

Merit: 1

Quote from: Welsh on December 29, 2017, 04:49:52 PM

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

I dont understand the site.

Welsh

staff

Activity: 3248

Merit: 4110

Just be careful when using blockchain.info to send transactions as it's been known for the wallet do calculate the fee wrong. Always check https://bitcoinfees.earn.com/ to see what sort of fee you need to be sending and once it has been sent there's no altering the fee with RBF or CPFP as the wallet doesn't support any of these features.

focmere

member

Activity: 126

Merit: 11

Quote from: sann111 on December 29, 2017, 04:29:28 PM

Does blockchain.info have a network fee when transfering to an address on an exchange?

blockchain.info allows you to set the fee you want. I set the lowest fee they recommended and it took my BTC 3 days to arrive on my Binance account. :| I paid 20$ btw

Don Pedro Dinero

legendary

Activity: 1288

Merit: 1491

The first decentralized crypto betting platform

If you are talking about sending bitcoins, yes. No matter what wallet you use, you have to pay a fee. Fees don't have so much to do with the wallets as to do with the miners getting those fees, but some wallets allow lower fees, such as Segwit ones.

sann111

jr. member

Activity: 196

Merit: 1

Does blockchain.info have a network fee when transfering to an address on an exchange?

Topic: blockchain.info (Read 171 times)