Is there any wallet which is free for transactions

DOGE12321

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Quote from: Decoded on May 27, 2017, 08:24:35 AM

Xapo to Xapo and Coinbase to Coinbase is totally free, because their transactions are off-chain, totally on their site. Another reason why you technically shouldn't trust them. You don't have access to your own private keys, and your bitcoins aren't even in the same wallet most of the time. They are just numbers that their server moves around, like credit. You don't have a specific wallet assigned to you. It's ugly.

The problem with super high fees nowadays I'd getting worse and worse. Its understandable that Coinbase and Xapo have to stop paying fees because they're getting horrendously expensive.

I am quite sure that Coinbase to any other wallet is free too. I have used Coinbase and it has paid the transaction fees for all my transactions other than the ones that I have physically added a fee to improve the transaction times.

Moreover, another problem with using a 'wallet which is free for transactions' is that the confirmation times can vary incredibly. It can increase incredulously. I would not suggest you use such a wallet. If you are using a wallet, like Coinbase, make sure to add an appropriate transaction fee.

Hazir

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A word of explanation: bitcoin transactions were never free. The fee is designed to be tip for people who keep it alive - miners.
Online wallets like Xapo or Coinbase used to pay fees for your BTC transaction - we can say that it was their promo offer,
designed to bait people into using their services. When bitcoin tx fee started to become ridiculously high, it is no longer possible to pay tx fee for every user.

The only way to have tx fee-free transaction is to use off-chain method to transfer coins. There are no on-chain wallets which will pay tx fee for you anymore.

brobbel

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Does anybody read the thread? Only the last 5 posts alone are almost exactly the same; that message was said over a dozen times already - in this thread.

So if anybody didn't find out:
Xapo and Coinbase used to be free, but aren't free anymore. Only Xapo-Xapo or Coinbase-Coinbase transactions are free. And no, there are no other wallets with free transactions.

Oh, this was already mentioned a few times...

nejibens

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I think there is no wallet offering such service (paying the fees for on behalf of its users) . Coinbase and Xapo offered this feature but not anymore yet because the bitcoin's price is increasing highly, and so the fee's value increased as well.

BitMaxz

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Quote from: ivanst776 on May 29, 2017, 05:03:49 AM

Quote from: FLoving on May 18, 2017, 11:49:31 AM

After xapo is there any other wallet or any exchange wallet which will not charge any fees from me for my transactions. I mean which will pay the miners fees from themselves and we will get all of the bitcoin without any deduction.

Xapo was free, Coinbase was free too, this has been changed because the transaction fees has been increased because of the high number of unconfirmed transactions.

But one thing that I have noticed is that if you make transactions inside xapo or inside coinbase then you dont have to pay fees and the transaction is instant.

If its coinbase to coinbase no fee but if you are transaction outside in coinbase or xapo they will ask for the fee.
This is the same as our local wallet here in my country but we have an option here that we can pay without fee but the problem it takes hours before it can be process well sometimes i use them just to save for miners fee..

BitcoinzB

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Quote from: Taki on May 29, 2017, 06:52:48 AM

As I know xapo was the one which was fee free wallet. I didn't use it, I prefer Bolckchain, mostly because of I use this wallet from the most beginning and about xapo I have found only couple months ago.
My BTC earnings also are not so high, but I'm satisfied with that fee value that Blockchsin wallet takes.

Yes xapo used to cover all the fees until some time ago, now not anymore (unless you're moving bitcoin within their platform so from xapo wallet to xapo wallet). same applies for coinbase.

Taki

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As I know xapo was the one which was fee free wallet. I didn't use it, I prefer Bolckchain, mostly because of I use this wallet from the most beginning and about xapo I have found only couple months ago.
My BTC earnings also are not so high, but I'm satisfied with that fee value that Blockchsin wallet takes.

ivanst776

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Quote from: FLoving on May 18, 2017, 11:49:31 AM

After xapo is there any other wallet or any exchange wallet which will not charge any fees from me for my transactions. I mean which will pay the miners fees from themselves and we will get all of the bitcoin without any deduction.

Xapo was free, Coinbase was free too, this has been changed because the transaction fees has been increased because of the high number of unconfirmed transactions.

But one thing that I have noticed is that if you make transactions inside xapo or inside coinbase then you dont have to pay fees and the transaction is instant.

brobbel

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Quote from: erikalui on May 27, 2017, 02:49:06 PM

Quote from: brobbel on May 27, 2017, 08:20:39 AM

Not fee free, but there are exchanges which only asks a fixed fee for withdrawals and accepts withdrawals to any wallet (so you can use it for payments also).

These exchange websites ask fixed fees of about 0.001-0.0015 which is not worth for transactions below 0.05-0.1 as they still use a minimal fee of 0.0004-0.0005 for those transactions and then they remain unconfirmed for hours.

This differs from exchange to exchange, only the fixed fees I see range between 0.0001 and 0.0005. In one occasion the minimum fee always gives a fast confirmation (they combine every few minutes all transactions), in the other case the lower one gives "normal" (so within a few hours), the higher fee gives also a fast confirmation. Only the latter one has a minimum withdrawal amount of 0.01, so it's not good for small transactions.

But in both cases it doesn't matter if the you received 1 BTC in one single transaction or in 1000 small transactions.

SvenBomvolen

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There are no wallets without transaction fees, XAPO was free to use, but couple weeks ago theystart to take fees also, that was expected. Price of bitcoin over than 2000$. I always use minimal fees when I use my bitcoins even thouh I way sometimes more than a day or two.
I would also like to find a wallet without fees, cause I am micro earner and for me fees are too high.

betlord90

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Quote from: goinmerry on May 27, 2017, 03:30:57 PM

Quote from: FLoving on May 18, 2017, 12:04:09 PM

Quote from: goinmerry on May 18, 2017, 11:56:34 AM

I think after XAPO, there is no existing web wallets now that covers the cost of every transactions. If does, then Im bumping this thread to also know it because as far as my idea is concerned, there is none left with that kind of service/s.

But still, nithing changed to the internal bitcoin transactions between Xapo accounts as they are noot subject to processing fees. Also same with Coinbase and to our local online wallet, coins.ph.

I also heard that xapo to xapo is still free that is something relief for us and about coinbase and coins.ph I not heard that they are also providing free transactions among coinbase to coinbase and among coins.ph to coins.ph. For that I will like to join them. But first I will read the reviews about them as I do not have experience with these both.

Sending within the same line are being covered on Coinbase and coins.ph transactions so basically no fees on the part of the users. Only those funds to be sent on external address will be charged for a fees.

They are working both fine as of now although in part of Coinbase, they are recently experiencing lots of technical problem (eventually solved) in some of the part of their operations. In coins.ph, with the current bitcoin price rally, the buy and sell rate is horribly not fair although lots of services featured that can give comfortability especially to the bitcoin users here in our country.

Very true But if you use other wallet provider then there will come to ask you some fee's so overall theirs no free at all if you mean using wallet to wallet transfer so lets accept the fact for now that theirs no free in this world since wallet providers now are currently rising up their fee's so that they can accomodate and lessen the conformation time counts since i pretty believe that blockchain are so traffic nowawadays due to massive transaction happening at this moment.

ethereumhunter

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i don't think that there is any wallet that is free for transactions because if you want to send any amount of bitcoin, you should pay the fees before you can send the amount. the fees is depend on how much you are willing to pay and every people is free to decide how much the fees. if we are pay the fees it means we are helping the miners so they can work properly and our transaction can gets confirmed fast.

batang_bitcoin

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Quote from: passivebesiege on May 27, 2017, 10:52:07 AM

I also want to know if there are still available online wallet that do not have fee. I use my local wallet and last year this wallet don't have any fee but right now it had and that's bad I can only send local currency without fee Angry

but I want is to send btc. Is xapo still free to fee for sending btc?

Just like what others said, no mate xapo is not free anymore. They adjusted and they are now charging some fees when it comes to outgoing transactions. And if you will transact or use them for receiving small amounts from faucets better not to use them as they will automatically charged you with it.

goinmerry

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Quote from: FLoving on May 18, 2017, 12:04:09 PM

Quote from: goinmerry on May 18, 2017, 11:56:34 AM

I think after XAPO, there is no existing web wallets now that covers the cost of every transactions. If does, then Im bumping this thread to also know it because as far as my idea is concerned, there is none left with that kind of service/s.

But still, nithing changed to the internal bitcoin transactions between Xapo accounts as they are noot subject to processing fees. Also same with Coinbase and to our local online wallet, coins.ph.

I also heard that xapo to xapo is still free that is something relief for us and about coinbase and coins.ph I not heard that they are also providing free transactions among coinbase to coinbase and among coins.ph to coins.ph. For that I will like to join them. But first I will read the reviews about them as I do not have experience with these both.

Sending within the same line are being covered on Coinbase and coins.ph transactions so basically no fees on the part of the users. Only those funds to be sent on external address will be charged for a fees.

They are working both fine as of now although in part of Coinbase, they are recently experiencing lots of technical problem (eventually solved) in some of the part of their operations. In coins.ph, with the current bitcoin price rally, the buy and sell rate is horribly not fair although lots of services featured that can give comfortability especially to the bitcoin users here in our country.

erikalui

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Quote from: brobbel on May 27, 2017, 08:20:39 AM

Not fee free, but there are exchanges which only asks a fixed fee for withdrawals and accepts withdrawals to any wallet (so you can use it for payments also).

These exchange websites ask fixed fees of about 0.001-0.0015 which is not worth for transactions below 0.05-0.1 as they still use a minimal fee of 0.0004-0.0005 for those transactions and then they remain unconfirmed for hours. Xapo used to add a 0.0009 fee for every transactions which is why they used to get confirmed very fast.

Quote from: passivebesiege on May 27, 2017, 10:52:07 AM

I also want to know if there are still available online wallet that do not have fee. I use my local wallet and last year this wallet don't have any fee but right now it had and that's bad I can only send local currency without fee Angry

but I want is to send btc. Is xapo still free to fee for sending btc?

Xapo is not free anymore. They charge for external transactions and internal transactions (those below 0.0004 BTC). Xapo to xapo transfers are only free of cost but not everyone uses xapo when they need verification.

Now blockchain is the best or electrum where we can set a fee and send multiple transactions with a custom fee, thus saving on the fee and getting faster confirmations.

passivebesiege

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I also want to know if there are still available online wallet that do not have fee. I use my local wallet and last year this wallet don't have any fee but right now it had and that's bad I can only send local currency without fee Angry

but I want is to send btc. Is xapo still free to fee for sending btc?

Decoded

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Xapo to Xapo and Coinbase to Coinbase is totally free, because their transactions are off-chain, totally on their site. Another reason why you technically shouldn't trust them. You don't have access to your own private keys, and your bitcoins aren't even in the same wallet most of the time. They are just numbers that their server moves around, like credit. You don't have a specific wallet assigned to you. It's ugly.

The problem with super high fees nowadays I'd getting worse and worse. Its understandable that Coinbase and Xapo have to stop paying fees because they're getting horrendously expensive.

brobbel

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Not fee free, but there are exchanges which only asks a fixed fee for withdrawals and accepts withdrawals to any wallet (so you can use it for payments also).

FLoving

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Quote from: LTU_btc on May 18, 2017, 05:35:34 PM

No, there are no more wallets or exchanges which covers transaction fees for their users. Or maybe I just don't know any such services. Now only Xapo to Xapo and Coinbase to Coinbase transfers are the only way to send bitcoins free.
Now users will have to pay transactions fees from their pocket,such is reality. And Nagadota said, payments inside Xapo or Coinbase services isn't real bitcoin transactions, it's just off-chain transfers. And it's not best way to send bitcoins.

I also not found any other wallet which is free for transaction. I am searching for a wallet from which I will pay for my mobile phone recharge. Is there any other way with which I will pay a smaller fees or any other coin which will do that work for me with a lowest fees?

mrcash02

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Transactions aren't free, the services offering this sooner or later will cancel it, already happened to Coinbase, already happened to Xapo. Even you are not charged this way (by sending transactions) they would charge you another way, because nothing is free.

It's like a government offering many services and social help for free... You think it's free, but they charge more taxes from you by another expenses you need to pay.

LTU_btc

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No, there are no more wallets or exchanges which covers transaction fees for their users. Or maybe I just don't know any such services. Now only Xapo to Xapo and Coinbase to Coinbase transfers are the only way to send bitcoins free.
Now users will have to pay transactions fees from their pocket,such is reality. And Nagadota said, payments inside Xapo or Coinbase services isn't real bitcoin transactions, it's just off-chain transfers. And it's not best way to send bitcoins.

Hazir

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Quote from: Nagadota on May 18, 2017, 01:09:41 PM

As with other online wallet systems, it's not a real Bitcoin transaction. It's just a number on a computer in Coinbase or Xapo's respective databases.

It definitely shouldn't be regarded as a permanent solution as it relies on a trusted third party, which is exactly what Bitcoin seeks to avoid. Also, these transactions rely on both parties having an account with those services even though a majority of everyday Bitcoin users will not.

You'd be best off just paying your fees.

Off chain scaling is something that might be necessary to implement in the future. If it will be implemented well, then then there is no risk of losing any native bitcoin properties.
I understand that bitcoin is not free, mining is not free and block space is not infinite, p2p network needs to be sustained. But current fees reached ridiculously high level,
do you think paying almost $2 every time you send BTC on-chain is fair?

Nagadota

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Quote from: FLoving on May 18, 2017, 12:04:09 PM

Quote from: goinmerry on May 18, 2017, 11:56:34 AM

I think after XAPO, there is no existing web wallets now that covers the cost of every transactions. If does, then Im bumping this thread to also know it because as far as my idea is concerned, there is none left with that kind of service/s.

But still, nithing changed to the internal bitcoin transactions between Xapo accounts as they are noot subject to processing fees. Also same with Coinbase and to our local online wallet, coins.ph.

I also heard that xapo to xapo is still free that is something relief for us and about coinbase and coins.ph I not heard that they are also providing free transactions among coinbase to coinbase and among coins.ph to coins.ph. For that I will like to join them. But first I will read the reviews about them as I do not have experience with these both.

As with other online wallet systems, it's not a real Bitcoin transaction. It's just a number on a computer in Coinbase or Xapo's respective databases.

It definitely shouldn't be regarded as a permanent solution as it relies on a trusted third party, which is exactly what Bitcoin seeks to avoid. Also, these transactions rely on both parties having an account with those services even though a majority of everyday Bitcoin users will not.

You'd be best off just paying your fees.

FLoving

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Quote from: goinmerry on May 18, 2017, 11:56:34 AM

I think after XAPO, there is no existing web wallets now that covers the cost of every transactions. If does, then Im bumping this thread to also know it because as far as my idea is concerned, there is none left with that kind of service/s.

But still, nithing changed to the internal bitcoin transactions between Xapo accounts as they are noot subject to processing fees. Also same with Coinbase and to our local online wallet, coins.ph.

I also heard that xapo to xapo is still free that is something relief for us and about coinbase and coins.ph I not heard that they are also providing free transactions among coinbase to coinbase and among coins.ph to coins.ph. For that I will like to join them. But first I will read the reviews about them as I do not have experience with these both.

goinmerry

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I think after XAPO, there is no existing web wallets now that covers the cost of every transactions. If does, then Im bumping this thread to also know it because as far as my idea is concerned, there is none left with that kind of service/s.

But still, nithing changed to the internal bitcoin transactions between Xapo accounts as they are noot subject to processing fees. Also same with Coinbase and to our local online wallet, coins.ph.

FLoving

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After xapo is there any other wallet or any exchange wallet which will not charge any fees from me for my transactions. I mean which will pay the miners fees from themselves and we will get all of the bitcoin without any deduction.

Topic: Is there any wallet which is free for transactions (Read 970 times)