Author

Topic: BTC wallet who split fees? (Read 120 times)

sr. member
Activity: 616
Merit: 251
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December 20, 2017, 04:49:00 PM
#6
Hello everybody!

A short question, sorry if this was already a posting in the past but I did not found
an answer to this so far.

BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

Is there a BTC wallet who offers that?
Like which would charge the user a % of the overall transfer fee
of a mass payment?

Thank you very much for your help!

Best regards
David
Not that I know of, once that comes to public usage then there should be a faster service like the lightning network.
sr. member
Activity: 448
Merit: 250
December 19, 2017, 06:04:30 PM
#5
The fees are purely based on the size of the transaction, not on the amount of money that you are sending in there.

it means that if you send 0.01 or 10 btc, the blockchain is going to process your payment anyway, the real difference is in that if you send a total 0.01 to 100 addreses and 10 bitcoins to one address, the first one will be much more expensive than the other.

Only because you are sending to a few outputs, and that is why you need to pay more.

If you want to have a wallet that send that kind of payments, then use localbitcoins, the fees are usually more than $2 if you are the sender, but there are more than 100 persons sending money at the same time as you, on the same transaction.

legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 19, 2017, 05:37:00 PM
#4
BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

You're thinking of sending mass payments?
That can be easily achieved with any wallet, like Electrum

You're thinking of receiving payments from different wallets in one single tx?
Not possible.

legendary
Activity: 1274
Merit: 1004
December 19, 2017, 03:50:59 PM
#3
Until now I don't see any wallet which supports bulk transfer but I assume that this can be implemented easily on any new web service or wallets. But this is gonna be hard because you are not going to compromise there privacy for such thing. So I guess developers has to work on this stuff / technique. This can decrease everyone's fees by 10 times but the best thing will be it will increase the amount of money containing on each transaction as a result it will increase the bytes per transaction.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
December 19, 2017, 03:43:32 PM
#2
Hello everybody!

A short question, sorry if this was already a posting in the past but I did not found
an answer to this so far.

BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

Is there a BTC wallet who offers that?
Like which would charge the user a % of the overall transfer fee
of a mass payment?

Thank you very much for your help!

Best regards
David

Categorized wallets in the same wallet will not be combined with the fees in any online wallet. Even the desktop wallet also have the same thumb rule I think. I did not use that so I will not give explanation on those wallets. If you want to send the payment from the each wallet you have to accept the fees from the each wallet. if you transaction with in that wallet also fees will be same applicable like while transact to different wallet.
Group all the payment in the one wallet and send it out when you want to make the big transaction. No other go to you I think.
full member
Activity: 128
Merit: 100
Bite back & win bitcoins!
December 19, 2017, 03:37:32 PM
#1
Hello everybody!

A short question, sorry if this was already a posting in the past but I did not found
an answer to this so far.

BTC fees are crazy high now, and a lot of people like to send transfers
in bulk/mass payments where they pay only a part of the entire transfer fee.

Is there a BTC wallet who offers that?
Like which would charge the user a % of the overall transfer fee
of a mass payment?

Thank you very much for your help!

Best regards
David
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