Topic: Is it possible sending BTC without a transaction fee? (Read 23885 times)

There may not be zero transaction but there will be a lower transaction fee which depend on your time zone. Most at time, my transactions are based on my time zone UTC 6 PM then i enjoy minimal fee transaction at this particular period of time. You can enjoy this as well if you can check for your time zone.

For now there is no single Bitcoin transaction market that every transaction is free, at least there is a shipping gas cut, depending on the market rules itself in deduction,
so for those of you who want to transact Bitcoin you can choose a cheaper market in the transaction is up to you, many can be handled, I don't mention the market, you can search on Google. Or service forum: https://bitcointalk.org/index.php?board=52.0

From knowledge and personal experience, Sending to a cryptocurrency address is costly due to the blockchain mining fee, and can take a while especially when there is network congestion. Although there are claims that it could be free amidst other factors, I guess I'll have to do a thorough research on the possibilities before attempting it

There is no wallet without transaction fees. I think you'll still get a fee to guarantee all your privacy safely.

Also, transaction fees aren’t decided by the wallet. It’s decided by the network, by a whole lot of factors. It’s also optional, meaning you can choose to not pay a fee and run the risk of no miners wanting to put your transaction on a block because they won’t benefit from it.

Until now, there is no way you can send bitcoin without fee to spend.
Same with other altcoins. For example is Monero. When i use monero client in the desktop wallet, i tried to sending the coin with exact amount of my balance. The transaction was not occurred because there was not enough fee, and i must send the coin with amount below from my balance to reserve the fee.

Not possible, we know that every transaction have allocated fee. Hopefully in  the future one company related in blockchain create a free transaction fee. But I think this will not happen, paying fee is going to who create the system.

It has never been happening, but i don't know if we can manage to send bitcoins without fee in the future.
Even sending coin which using Proof of Stake (PoS) algorithm, it still need fee, although only small fee.
But in cryptocurrency, you only have to pay small fee without regarding of how much you send the coins.

I do not think it's possible to sent bitcoin without being charged a transaction fee.
But I do know that one can use the custom function to adjust the transfer fee .
You either reduce or increase the fee using the custom function if you want accelerated confirmation or so I hear.

It's been a while since i last posted on this topic, but it filled with nonsense dribble once again... I guess no more than 25% of the posts in this topic make any sense (both gramatically and technically). Since newbies WILL be able to read this nonsense posted by higher ranking members, i have no choice but to set the record straight once in a while.

Everybody spreading false rumours in this thread will go straight to my ignore list from this point foreward...


The miner can add the sum of all fees of all transactions he puts in the block he's trying to solve to the coinbase transaction... So the fee IS for the miners (as some suggest).
At the moment, the fees are neglectible, however, about a year ago there were fees upward of 400 sat/byte.


Wot


Offchain transactions between two sportbook "wallets" *can* be free because they are offchain... It's just the sportsbook updating the balance of your account in their relational database. As long as they don't broadcast a transaction, they don't have to charge a fee. If they allow you to withdraw your winnings for free, they're the ones footing the bill... it has nothing to do with 0 fee transactions (which are technically possible, but very improbable).


On a technical level, there is no "in" or "out", just transactions spending unspent outputs from the utxo set, funding addresses so new unspent outputs can be created. A fee does not make it easyer for a miner to add your transaction to a block, it just gives the miner an incentive to do so.


If you use the command line interface of core, the console of electrum, coinb.in,... It's still possible to create 0 fee transactions... The trick is getting them broadcasted/relayed and finding a miner that's willing to add them to the block he's trying to solve.


Huh So, because altcoins are using fees, bitcoins must be using fees? I don't follow that logic.
The fee does NOT pay the dev!

The fee does NOT pay the dev!

Once again: offchain transactions *can* be free since they're just an update in the relational database of the online wallet provider

Always you pay transaction fees for transferring btc from one wallet to other wallet. Little bit of low or high. But must be pay fees.

But now I want to say about coinbase. Where they support transection btc Through coinbase email address. Where coinbase don't charge any fees for transection. And transection is instant. So I want to say it is the one way for transferring btc from one person to other without any fees. You can choose it. [ coinbase is an Exchange don't a wallet ] Thanks      

if in my opinion. sending bitcoin at no cost is very pleasant. but if in my opinion it's impossible, bro. send without fees. because. in the real world, every shipment in the form of money or goods is subject to a transfer fee. My expectation is that transfer fees will be cheaper than the current transfer fee

Yes, in order for a service to exist there some be some kind of compensation for it or it won't be online for too long unless someone rich who don't mind donating his/her money do it, in this case we talk about money of course. The worldwide compensation for services or products.

It just can't be done until society is perfect and money is not needed.

Yeah, fees are here to make this market more secure. Its hard for a developer to run their system if there is no profit at all and chances are, they will just close the project. So fees is good sometimes, and its more affordable compare to other financial institutions.

I don't think it is possible, because the transaction fees serve to reward the miners' work, in addition to the emission of new bitcoins...

As of now I don't have any incounter that there's no fee because most of in crypto have a fee if you do a transaction. And fee is the one thing they can use to develop their every platform.

You really cannot tell that there was no free transactions available earlier, most of the online wallets used to transfer funds for free without any fees before the transaction charges started increases because of the block limit and getting to a consensus took a really long time which made a lot of difference on how bitcoin is adapted since, now every online wallet does charge you fees for every transaction and nothing is free now, If you are using your own wallet then you can send transaction with very minimal fees, less than ten cents right now but without any fee is impossible if you are planning to send your coins .

transaction fees are the compensation for competitive computation of complex mathematical problems initiated via the transaction within the blockchain network and in this case the bitcoin  option. it gets really interesting and makes the transactions get processed and brings in many miners to cover for the numerous transactions that gets initiated on a daily basis.

If we understand, those fees they collected are just for miners who did it and it is must in order to proceed the transactions we made. Fees are not so high and it we could set it into the lowest but it cause delays due cause the usually prioritize those transactions that have pay more satoshi's.
I will never make that hard if we would like to move it fast and quick transaction, the most important is it will never takes too long to wait before it confirmed.

at no cost is something that is difficult to happen because we know that developments and technology all need costs and funding to access them and for that every need of funds

Absolutely not, transaction fee is what miners use in making transactions easier and swift for different parties. Without this it won't be possible for bitcoin to be sent out or in.