I was the regular user of Coinbase for more than 1 year. Due to its free transfers, I time ago assumed that Bitcoin transactions have zero fees. However, joining this forum I came by fees and issue of increasing fees. But as Coinbase started charging fees, now I can personally experience this issue too.
However, now I have diversified by bitcoins in different web wallets and since internal transfers are free for web wallets, I can save fees in 3 of 5 cases.
People recommend Xapo but I have zero trust on them.
Topic: Coinbase added a fees now (Read 2209 times)
never liked Coinbase first place,also they do not allow you to send funds to gambling sites
it is against their TOS and they could block your account and confiscate funds,too
so now that they charge fees (and not small fees too) for transactions,I don't see how anyone would use Coinbase
as their first choice wallet,there are so many similar services,offering more functionality and less stringent rules
But those fees are not for their pocket, it is for miners, it's not like if it was a plan to build the income of the company. I think they have been enough kind to handle those fees since years. There are still lot of people considering coinbase as their first web based wallet.it is against their TOS and they could block your account and confiscate funds,too
so now that they charge fees (and not small fees too) for transactions,I don't see how anyone would use Coinbase
as their first choice wallet,there are so many similar services,offering more functionality and less stringent rules
I also used coinbase for a long time - these new fees are the death for microtransactions.
But now the question: What is the best onlinewallet with the lowest fees actually?
Xapo is an altenative that doesn't charge fees to send transaction, i tested it last week to check after reading here about the zero fees. Go to take a look at it But now the question: What is the best onlinewallet with the lowest fees actually?
never liked Coinbase first place,also they do not allow you to send funds to gambling sites
it is against their TOS and they could block your account and confiscate funds,too
so now that they charge fees (and not small fees too) for transactions,I don't see how anyone would use Coinbase
as their first choice wallet,there are so many similar services,offering more functionality and less stringent rules
it is against their TOS and they could block your account and confiscate funds,too
so now that they charge fees (and not small fees too) for transactions,I don't see how anyone would use Coinbase
as their first choice wallet,there are so many similar services,offering more functionality and less stringent rules
I also used coinbase for a long time - these new fees are the death for microtransactions.
But now the question: What is the best onlinewallet with the lowest fees actually?
But now the question: What is the best onlinewallet with the lowest fees actually?
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I just know if coinbase also charge up to 50k satosi fees, I always use coinbase for a small transaction fees and never pay attention if there is a fee, if any fees, of course I consider redirecting to another free wallet.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
You should pay attention cause miner fees are important especially now that coinbase stopped shouldering the miner fees of the users transactions but the coinbase to coinabase transactions are still free . The reason for this is because they are paying huge amounts of since there are a million users and still counting . If you still want a feature like this, You might wanna try Xapo . I've only used it a few times so I cant even tell a brief review of it for you .
Sorry for the wrong info, I already stopped using their wallet and haven't been reading updates about them for months . Today, I just updated myself regarding their miner fees . They actually made changes again . Transactions between xapo accounts are free but if you send bitcoins from your xapo to an external account they will charge a 34K sats and if you received bitcoins between 0.0002673 and 0.00040095 they will charge 2K sats .
Now, I really don't see a reason why would I go use an online wallet
EDIT: See more details here: https://in.xapo.com/fees/
No online wallet provider should cover the fees for you, it's completely open to abuse and it's an oversimplification of the network. At least now people will question what they actually do for you except make it look nice.
Maybe this'll convince some people to move their savings into a safer wallet.
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I did not notice that they are added a fee's option but i think we have now advantage of using coinbase .. because before we are not trusting coinbase to use due to not asking for a fee for every transaction now they are added it. now i don't still see any reason why they are added a fee option for every transaction outside.. Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I just know if coinbase also charge up to 50k satosi fees, I always use coinbase for a small transaction fees and never pay attention if there is a fee, if any fees, of course I consider redirecting to another free wallet.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
You should pay attention cause miner fees are important especially now that coinbase stopped shouldering the miner fees of the users transactions but the coinbase to coinabase transactions are still free . The reason for this is because they are paying huge amounts of since there are a million users and still counting . If you still want a feature like this, You might wanna try Xapo . I've only used it a few times so I cant even tell a brief review of it for you .
Sorry for the wrong info, I already stopped using their wallet and haven't been reading updates about them for months . Today, I just updated myself regarding their miner fees . They actually made changes again . Transactions between xapo accounts are free but if you send bitcoins from your xapo to an external account they will charge a 34K sats and if you received bitcoins between 0.0002673 and 0.00040095 they will charge 2K sats .
Now, I really don't see a reason why would I go use an online wallet
EDIT: See more details here: https://in.xapo.com/fees/
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I just know if coinbase also charge up to 50k satosi fees, I always use coinbase for a small transaction fees and never pay attention if there is a fee, if any fees, of course I consider redirecting to another free wallet.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
You should pay attention cause miner fees are important especially now that coinbase stopped shouldering the miner fees of the users transactions but the coinbase to coinabase transactions are still free . The reason for this is because they are paying huge amounts of since there are a million users and still counting . If you still want a feature like this, You might wanna try Xapo . I've only used it a few times so I cant even tell a brief review of it for you .
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I just know if coinbase also charge up to 50k satosi fees, I always use coinbase for a small transaction fees and never pay attention if there is a fee, if any fees, of course I consider redirecting to another free wallet.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
You should pay attention cause miner fees are important especially now that coinbase stopped shouldering the miner fees of the users transactions but the coinbase to coinabase transactions are still free . The reason for this is because they are paying huge amounts of since there are a million users and still counting . If you still want a feature like this, You might wanna try Xapo . I've only used it a few times so I cant even tell a brief review of it for you .
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I just know if coinbase also charge up to 50k satosi fees, I always use coinbase for a small transaction fees and never pay attention if there is a fee, if any fees, of course I consider redirecting to another free wallet.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
You should pay attention cause miner fees are important especially now that coinbase stopped shouldering the miner fees of the users transactions but the coinbase to coinabase transactions are still free . The reason for this is because they are paying huge amounts of bitcoin since there are a million users and still counting . If you still want a feature like this, You might wanna try Xapo . I've only used it a few times so I cant even tell a brief review of it for you .
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I just know if coinbase also charge up to 50k satosi fees, I always use coinbase for a small transaction fees and never pay attention if there is a fee, if any fees, of course I consider redirecting to another free wallet. Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I already hear that if they will add fee I prefer to use other online wallet since I use that wallet because I want to save some fees. I still have other choice like my local online wallet or else I will use the wallet that i have full control since it's almost the same that have fee. it will not be a big problem for me.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
Yes xapo is not charging if your transaction is higher, so if you don't want to be charged with them better not to transact with small amounts. Just checkout their update https://in.xapo.com/fees/ and if someone will send you 0.0002673 BTC, that will directly go to xapo as indicated to their new policy and just transact always with them higher than this
0.00040095 btc
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I already hear that if they will add fee I prefer to use other online wallet since I use that wallet because I want to save some fees. I still have other choice like my local online wallet or else I will use the wallet that i have full control since it's almost the same that have fee. it will not be a big problem for me.Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
Earlier I was the regular user of the coinbase but now from last week j stopped to use it because of the future question by American government for the coinbase wallet .
Are you talking bout IRS audits and potential cryptocurrency 'legalization'?I doubt that any problem I can face in the future so I transferred my all.of the bitcoin in the blockchain and mysellium .
Considered how blockchain.info is affected by various bugs I don't think if using this wallet is ideal solution.Here I am a user of official wallet of bitcoin that is blockchain .
Blockchain.info is not official bitcoin w wallet. People might get that impression because of the name Blockchain is being used.The only wallet you may consider as closest to 'official Bitcoin wallet' is Bitcoin Core, originally developed by Satoshi.
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....
Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
Earlier I was the regular user of the coinbase but now from last week j stopped to use it because of the future question by American government for the coinbase wallet .Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?
And also what is disadvantage will happen?
I doubt that any problem I can face in the future so I transferred my all.of the bitcoin in the blockchain and mysellium .
Here about every trusted wallet charging fee then why we should go for the third party .
Here I am a user of official wallet of bitcoin that is blockchain . And this change in the feature of the coinbase of charge fee is not a big thing for me because I already paying transaction charges in my other bitcoin wallet .
Really concern, almost cut 50k satoshi for every transaction. It's annoying too and will disturb the wallet user. As long as their users will give up this service. Better try another, I also trying other service. No point to give them this huge amont every time.
Me too, that's really annoying if you only send below 0.001 BTC it makes you paid double for every transaction with such high fees (compared with web wallet). However, it makes your transaction goes faster than before with that miner's fee. Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
It is only a matter of time that even Xapo will be charging fees in the future,the thing i do not like with coinbase is that even with a higher transaction fees they wont be sending that instantly and that i think is annoying and they will loose customers because of that,they could opt for other options for every users as they could just send them as batches and they can lower the transaction charge if they want to.I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
But I use XAPO account for my regular payments sending and receiving, and their transactions are quite fast. I'm using them for more than two years and so far never had any transaction delay issues. Until now they are not adding any transaction fee but if they add then people will move to blockchain wallet instead of these guys. They are attracting more people to their wallets because no transaction fees.
Hi guys
I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
It is only a matter of time that even Xapo will be charging fees in the future,the thing i do not like with coinbase is that even with a higher transaction fees they wont be sending that instantly and that i think is annoying and they will loose customers because of that,they could opt for other options for every users as they could just send them as batches and they can lower the transaction charge if they want to.I was using coinbase regulary before this change, but now i don't use for any small transaction. If you are looking for an alternative then take a look at Xapo. It is a web wallet not charging any fees when sending a transaction. The wallet is really simple to use and straigh to the point.
Well I know a couple of ppl who recently got into bitcoins and as always new bitcoiners get to faucets to try to get you know "free money" and they all use coinbase. I guess they are pretty much upset now 
)
But If we are being fair, coinbase has a lot of users that it no longer needs to stand out or grab attention.
They just can't keep paying the tx fees forever. It was clear that a time will come when they say ok it's time to stop the losses.
)But If we are being fair, coinbase has a lot of users that it no longer needs to stand out or grab attention.
They just can't keep paying the tx fees forever. It was clear that a time will come when they say ok it's time to stop the losses.
Jump to: