how many fees should i pay for 0.2 btc transaction?

Mastsetad

sr. member

Activity: 672

Merit: 250

Quote from: freebitcoins4u on October 27, 2016, 10:06:03 AM

how many fees should i pay for 0.2 btc transaction?

last time (few months ago) i sent 0.07 btc with 10k satoshi fee and it never reach to its destination. i got back only 0.02 btc and the rest of 0.05 btc are still locked at some block....

so how much fees should i pay so i will not lose my money again?

thanks!

Sure if you pay more in fees your transaction would take less time, but in my case i even transacted 0.4btc with just minimum fees and it did not face any problems at all, so for an amount like that you can also get the transaction done with 10k satoshi which is minimum fees amount, and my transaction never took much time as well.

Clement Kaliyar

hero member

Activity: 1302

Merit: 532

Quote from: freebitcoins4u on October 27, 2016, 10:06:03 AM

how many fees should i pay for 0.2 btc transaction?
last time (few months ago) i sent 0.07 btc with 10k satoshi fee and it never reach to its destination. i got back only 0.02 btc and the rest of 0.05 btc are still locked at some block....
so how much fees should i pay so i will not lose my money again?
thanks!

The fees you mentioned is more than enough for this transaction to complete ,it might take some time for getting one confirmation with low fees but then i am surprised to hear you got back 0.02 ,can you post the transaction ID here.
if you want a high priority transaction you can use 50k to 80 k for 0.2 btc ,if its not a high priority transaction then you can send with minimal fees.

arnbrd

full member

Activity: 141

Merit: 100

Put half a millibitcoin and you'll be more than fine. Even put one millibitcoin and it will be blazingly fast !

bitbunnny

legendary

Activity: 2912

Merit: 1068

WOLF.BET - Provably Fair Crypto Casino

I always use the recommended fees to to feel the most secure that coins will reach their destination. But despite that it might happen that coins remain blocked somwhere. But I also have to notice that blockchain wallet fees are prety high now.

Chris!

legendary

Activity: 1382

Merit: 1122

There is no right or wrong answer to your question. Fees should be completely different every day based on how full each block is. I've been sending transactions at about 100+ Satoshis/byte and that seems to go through just fine in a few blocks. Other days 20 Satoshis/byte will be enough.

It also depends if the funds were from 10,000 faucet payouts or if it was all one transaction. Transaction sizes are bigger if you received a lot of tiny amounts.

Your wallet should have dynamic fee options to let you know how much you should be spending on any given day. Right now I'm finding fees to be much higher than the recent past.

~BitSy~

member

Activity: 118

Merit: 100

It's never about the amount but the size of the transaction in which is composed of output and input addresses. 80 to 90 Satoshi per bytes is the least recommended fee for now so you would get confirmations within the next block.

Ayers

legendary

Activity: 2590

Merit: 1022

Leading Crypto Sports Betting & Casino Platform

use the recommended fee, i see that the recommended fee has increased with the recent stuck of all the transaction, if you use that fee you will never get a problem, so don't always rely on the "10k satoshi" fee, soe times it's not enough

clickerz

hero member

Activity: 1414

Merit: 505

Backed.Finance

Just recently withdrawn a 0.07 bitcoin from an exchange, the transaction fee is 50,000 satoshis. It seems that charges is quite up now,this is maybe from a certain problem since last day?

MadGamer

legendary

Activity: 1568

Merit: 1031

Paying 0.00015 BTC (~0.10$) should be more then enough to get your transaction confirmed. Usually , the wallet (most of them) put the recommended fees without you change anything.

freebitcoins4u

hero member

Activity: 798

Merit: 500

how many fees should i pay for 0.2 btc transaction?

last time (few months ago) i sent 0.07 btc with 10k satoshi fee and it never reach to its destination. i got back only 0.02 btc and the rest of 0.05 btc are still locked at some block....

so how much fees should i pay so i will not lose my money again?

thanks!

Topic: how many fees should i pay for 0.2 btc transaction? (Read 550 times)