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Topic: How much transactions fees? - page 3. (Read 2071 times)

hero member
Activity: 658
Merit: 500
September 07, 2015, 09:00:48 AM
#13
For blockchain standart fee is 0.0001 BTC, if there are long waiting times for transaction, you can try 0.0002 BTC. If you use another online wallet, then they set their own fee.  Grin
sr. member
Activity: 336
Merit: 251
September 07, 2015, 08:56:30 AM
#12
i always place 0.02$ or 0.0001BTC each transaction i made, but if i realy need it fast i make it 0.0002-0.0005BTC

and it works for me.

Can you tell us how much is the difference in Time between 0.0001BTC and 0.0005BTC tx fee?

See the link I posted earlier. That site will tell you how long you will wait with each fee.
legendary
Activity: 3038
Merit: 4418
Crypto Swap Exchange
September 07, 2015, 08:56:10 AM
#11
i always place 0.02$ or 0.0001BTC each transaction i made, but if i realy need it fast i make it 0.0002-0.0005BTC

and it works for me.

Can you tell us how much is the difference in Time between 0.0001BTC and 0.0005BTC tx fee?
No one can accurately tell. The miner which is mining the blocks may have different sets of rule which restricts mining fees below a specific amount. Lets say the miner's minimum fee is 0.0005BTC/KB, your 0.0001BTC/KB transaction would have to wait several blocks to be included in. Depending on the network load, transactions are usually ranked by fees per kb. The higher the fee, the higher the priority. Let's say that 0.0005BTC/KB is somewhere in the middle of the priority queue. It would have a higher chance of getting accepted than 0.0001BTC/KB. Miners also have the last say when including transaction, hence, a miner may include your 0.0001BTC/KB transaction but not the 0.0005BTC/KB transaction.

Based on Based on Blocktrail, the optimal fee is around 0.00014BTC/Kb. It should give you a high priority, a good probability for your transaction to get included within the next few blocks. Take note that fees/KB is what matters, not fees paid.
hero member
Activity: 994
Merit: 500
September 07, 2015, 08:46:45 AM
#10
i always place 0.02$ or 0.0001BTC each transaction i made, but if i realy need it fast i make it 0.0002-0.0005BTC

and it works for me.

Can you tell us how much is the difference in Time between 0.0001BTC and 0.0005BTC tx fee?
sr. member
Activity: 392
Merit: 250
September 07, 2015, 08:44:50 AM
#9
i always place 0.02$ or 0.0001BTC each transaction i made, but if i realy need it fast i make it 0.0002-0.0005BTC

and it works for me.
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
September 07, 2015, 08:39:07 AM
#8
Hi folks,

I would like to know what is a usual fee to attach to a transaction? Is there any webpage where I can check the current recommended fee?

Thank you very much in advance!

0.0001 will do in 99% of the cases. If you really want to make sure, just set 0.0002. But yes, be careful about stress tests. There is one scheduled for 10. September to start by coinwallet.eu. Apparently they will push many, many transactions with the fees of 0.0003 and they say they will make a backlog of 1 month of unconfirmed transactions.

If this is true, and you are to send during the stress you should put higher fee than what scammers are pushing.
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
September 07, 2015, 07:51:21 AM
#8
Most wallets has recommended fee, so you shouldn't think about it.

In past, most transaction use fees 0.0001BTC, but because there are many transaction now, few wallets & exchange has set recommended fees to 0.0002BTC
But, if stress tess is on going, you should add bigger fees.
newbie
Activity: 1
Merit: 0
September 07, 2015, 07:45:25 AM
#7
I would recommend higher than the normal fees because a lot of people are banding together and doing stress tests my transaction still hasn't been confirmed because of a stress test going on at the same time I send a transaction I know they are doing it for testing purposes but they are also hurting people at the same
legendary
Activity: 1946
Merit: 1137
September 07, 2015, 07:43:49 AM
#6
Hi folks,

I would like to know what is a usual fee to attach to a transaction? Is there any webpage where I can check the current recommended fee?

Thank you very much in advance!

all the bitcoin wallets that i have seen so far will suggest the appropriate amount of fees for your transaction. just remember that fee is calculated according to the size of your transaction and a couple of other factors that would set the priority of your transaction. check wiki page for detailed information.
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
September 07, 2015, 07:42:47 AM
#5
Most wallets will have recommended fee structures. Stick to what they tell you and all should be fine, unless there's a stress test going on.
sr. member
Activity: 336
Merit: 251
September 07, 2015, 07:41:52 AM
#4
Hi folks,

I would like to know what is a usual fee to attach to a transaction? Is there any webpage where I can check the current recommended fee?

Thank you very much in advance!

You can have a look at this site. Bookmarked it a while back but never got round to looking at it.

http://www.cointape.com/
newbie
Activity: 1
Merit: 0
September 07, 2015, 07:41:11 AM
#3
0.0001 is the standard fee among all wallets you can go lower but risk your transaction not being seen by the miners or you could go higher for more priority
hero member
Activity: 994
Merit: 500
September 07, 2015, 07:39:14 AM
#2
Currently i would suggest 0.0001 as most of the transaction use 0.0001, if you use coinbase you dont have to pay fee.
full member
Activity: 237
Merit: 100
September 07, 2015, 07:36:34 AM
#1
Hi folks,

I would like to know what is a usual fee to attach to a transaction? Is there any webpage where I can check the current recommended fee?

Thank you very much in advance!
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