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Topic: High transfer fee? - page 2. (Read 1436 times)

sr. member
Activity: 322
Merit: 250
May 18, 2016, 04:35:28 AM
#4
I dont know about greenaddress but transaction fee depends on the size of the transaction to get high priority. Large transaction size needs high transaction fee. Most of the time the reason you have lots of small inputs is faucet claims and as result, large transaction size
full member
Activity: 168
Merit: 100
May 18, 2016, 04:28:42 AM
#3
Automatic fees on greenaddress are a joke! Shocked
hero member
Activity: 520
Merit: 500
May 18, 2016, 04:19:29 AM
#2
This free is very high, for a such amount i usually use 0.04 or 0.05$ cents and i get 1 confirmation after 10 minutes, can you not select the fee manually?
full member
Activity: 166
Merit: 101
May 18, 2016, 03:58:53 AM
#1
Hi,
I have around 0.08 BTC in a GreenAddress.it wallet and i'm using it with their chrome extension.
Yesterday I tried to transfer 0.07 BTC to another BTC address and to my surprise the transfer fee was 0.00504992, that is 7.2% of the sent value, and about 2.28 USD. Fee calculation was /kb.
Is that a normal fee or am I doing something wrong?
My account balance consists of about 30 smaller transactions.

Greenaddress kindly replied to my same question, saying it is OK.
Any second opinion about this? Smiley

Thanks for your reply.
Cryptme
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