Send Bitcoins Without Fees [No Miner Fees] - page 2.

megynacuna

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Quote from: cryptocoinplay on March 28, 2017, 11:20:12 AM

Yesterday, I was talking with my friend that he spends a lot for Bitcoin Transfers for fees.
Using BlockChain that cuts a lot of fees which is necessary but unnecessary for me like peoples. who does little transactions and cuts a lot fees.

What is Bitcoin Network Fee?
Bitcoin Network fee is charged by miners who mine the BTC's and they take this fee for confirming the transaction. I didn't found instant confirmation yet anywhere but Coinbase does it faster than Blockchain I guess.
Anyways, you have to give fees if you use BTC.

How to get rid of this fees?
There's no way! Actually you have to pay the fees in order to get your transaction confirmed.
So this is a necessary thing, but some Service Providers pays the fees from their pocket or take it from zero fee confirmation. There was Coinbase before years doing this to gather new customers.

Today... I want to introduce XAPO Service which is same as Blockchain, Coinbase and let you send BTC's without fees.
I started loving it since I use it. The way of their website security is high, they use bitpay api & block.

Quote

Note: XAPO is old and I'm newbie, There's nothing to manipulate if you know this already.
I'm not promoting any affiliate or referral, just came to share what I found.

Shearing Is Caring... My New XAPO BTC Wallet: BTC 3JF19reYGAaowUnQa123rRSUNR82axRQU9

Since it is free, does it confirm early?

BitMaxz

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I think coinbase is asking for fee's for every transaction right now because of the miners fee increase .. i just send some few bitcoins in other wallet yesterday and they are asking for miners fee.. unlike before that they don't even asking for transaction fee.
For xapo. i have problem with xapo i can't login with my account even my pin is correct by always try again to confirm the verification..
I think only here in my country has no fee for every transaction which is coins.ph. and i think they will change this rule in the future because of the miners fee increased.

shield132

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I didn't know if xapo still continues transactions without fee. They are old and good wallet service with card. If anyone has experience, are transactions quickly confirmed? Also how do they cover transaction fees? Maybe fee from buy/sell bitcoins, am I right?
For me transaction fee isn't big problem because my bank sends my btc transactions with so high fees Cheesy

minimum fee from their side is 0.001 BTC and I have to pay only 0.0001 BTC for that. Result is nearly immediate confirms.

cryptocoinplay

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Quote from: Victorycoin on April 01, 2017, 03:02:57 PM

Quote from: LeGaulois on March 31, 2017, 12:50:24 PM

I am more confused now.
They say themselves about the fees applied (cf their own website) and the poster above me telling now we can set our own fees

So far i created a wallet there to try, and sent a transaction to another wallet outside their system, and it's ok no fees have been deducted. But from nowhere i have seen a place to decide the fees i want to set

The write obviously didn't know what he was saying. I have been using Xapo for well over a year and there transactions have been with zero fee. Recently, they had to introduces a fee, but that is for transactions less than about 0.00035 BTC, every other transaction I have made above that amount went with zero fee. I don't know about the possibility of setting the fees by ourselves.

I do transactions and they don't charge fees. I usually do 0.01-0.05 !!

Victorycoin

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Quote from: LeGaulois on March 31, 2017, 12:50:24 PM

I am more confused now.
They say themselves about the fees applied (cf their own website) and the poster above me telling now we can set our own fees

So far i created a wallet there to try, and sent a transaction to another wallet outside their system, and it's ok no fees have been deducted. But from nowhere i have seen a place to decide the fees i want to set

The write obviously didn't know what he was saying. I have been using Xapo for well over a year and there transactions have been with zero fee. Recently, they had to introduces a fee, but that is for transactions less than about 0.00035 BTC, every other transaction I have made above that amount went with zero fee. I don't know about the possibility of setting the fees by ourselves.

LeGaulois

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I am more confused now.
They say themselves about the fees applied (cf their own website) and the poster above me telling now we can set our own fees

So far i created a wallet there to try, and sent a transaction to another wallet outside their system, and it's ok no fees have been deducted. But from nowhere i have seen a place to decide the fees i want to set

amacar2

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Xapo and coinbase are not actually a bitcoin wallet, they are centralized payment processor and their internal transactions are not truly a bitcoin transaction.

I at all cost try to avoid them because we can't have full control over our bitcoin there. They don't share private keys with you and can lock down your account anytime they want.

cryptocoinplay

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Quote from: olubams on March 30, 2017, 02:25:37 PM

Quote from: LeGaulois on March 29, 2017, 07:08:55 AM

Transactions from your Xapo wallet to a btc address outside Xapo will be charged a fee of 0.0003375 (more or less like coinbase) and zero if it is about internal transactions between Xapo accounts. As well, transactions Incoming to your wallet equal to 0.00040095 or less are charged with a fee of BTC 0.0002673 and it is automatically deducted from the respective transaction.
So it is the same, we have to pay the fees.... I heard too about casino sites, but i don't see me, sign up in those sites to have a wallet, it's ridiculous

With this your analysis its obvious there is no way we can avoid the fees the best is for us to find a way to reduce it to the barest minimum. Even an exchange site that I use with a free transaction all of a sudden start charging a fixed fee if .0002btc but I still think block chain is the best as it apportion the fee according to the transaction intended to carry out...

Blockchain is good but charges fees according to your transaction.

olubams

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Quote from: LeGaulois on March 29, 2017, 07:08:55 AM

Transactions from your Xapo wallet to a btc address outside Xapo will be charged a fee of 0.0003375 (more or less like coinbase) and zero if it is about internal transactions between Xapo accounts. As well, transactions Incoming to your wallet equal to 0.00040095 or less are charged with a fee of BTC 0.0002673 and it is automatically deducted from the respective transaction.
So it is the same, we have to pay the fees.... I heard too about casino sites, but i don't see me, sign up in those sites to have a wallet, it's ridiculous

With this your analysis its obvious there is no way we can avoid the fees the best is for us to find a way to reduce it to the barest minimum. Even an exchange site that I use with a free transaction all of a sudden start charging a fixed fee if .0002btc but I still think block chain is the best as it apportion the fee according to the transaction intended to carry out...

xvids

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Yeah there are few wallets that has no miner fees and you can send some bitcoin without fees,
Sadly the wallet that I really like just got some update and right now they required the user to pay some fee.

LTU_btc

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You didn't said anything new, mostly of us know Xapo wallet for a long time. Even if Xapo wallet helps to save money because their transactions is free, I don't think it's a best option to keep bitcoins - we don't have full control of our bitcoins on Xapo, because they don't give private keys.
Also, few months ago Xapo introduced fees for small incoming/outgoing transactions. I think soon they may start to charge all transactions, because it become to expensive to cover all transaction fees from their pocket.
Coinbase already started charge to charge fees because of growing amount of users and increased transaction fees.

Kprawn

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Xapo is as old as the hills my friend and most people on here are already familiar with it. You just need to remember that Xapo tx's is only FREE,

until you go on-chain and if you want to send a transaction to someone that are not a member of Xapo that transaction will go on-chain and you

will pay the normal miners fees. Best solution will be for you to sign up your friends to Xapo, if you want to send coins for free. Wink

Devboy

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I thought that oneday Bitcoin transaction become an dream. Recently coinbase started transactions fee, but few days later it was free. So many beginners using this service though there have some restriction. Now Xapo only one wallet which offer free of cosst.

terrate

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Quote from: cryptocoinplay on March 29, 2017, 09:12:57 AM

Quote from: LeGaulois on March 29, 2017, 07:08:55 AM

Transactions from your Xapo wallet to a btc address outside Xapo will be charged a fee of 0.0003375 (more or less like coinbase) and zero if it is about internal transactions between Xapo accounts. As well, transactions Incoming to your wallet equal to 0.00040095 or less are charged with a fee of BTC 0.0002673 and it is automatically deducted from the respective transaction.
So it is the same, we have to pay the fees.... I heard too about casino sites, but i don't see me, sign up in those sites to have a wallet, it's ridiculous

No! They didn't charged. I had calculated Grin

Coinbase Have a fee of 0.0004 (40cents) for every transaction.

coinbase before very good, so pity..really.
I use blockchain.info, coinbase fee structure more good.

xapo i guess will become centralized like coinbase.
If u not do the gambling or black market , then can use xapo in daily as it have visa debit.

FasTroy

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Quote from: Wendigo on March 30, 2017, 07:58:02 AM

I haven't used Xapo before but seeing this explained on their website makes me think the OP is wrong or has misunderstood how Xapo taxes transactions:

Quote

Bitcoin Transaction Fees

Internal bitcoin transactions between Xapo accounts are not subject to processing fees.

The cost to send transactions via the bitcoin network constantly fluctuates. Since the cost to process both incoming and outgoing transactions is continuously changing, we recommend always checking this information!

Outgoing bitcoin transactions from your Xapo account to a bitcoin address outside of Xapo will be charged a fee of BTC 0.0003375.

So can anyone other than the OP confirm or refute these points? Thanks. If there are really no fees for on-chain TX I am going to switch to Xapo!

I used xapo for a long time ago. Maybe 2-3 years.
Until now there is no fees to pay. I recommend people to use xapo as a secure web wallet also we don't have to pay fees. Xapo will pay it.
Really it's a great wallet, Never i have a problem with them. You can get a dynamic Bitcoin address, You can enjoy instantly transaction from xapo account to another xapo account, Without any confirmation. Then you can try to use xapo and enjoying with this wallet.

ranochigo

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Quote from: cryptocoinplay on March 30, 2017, 12:44:02 AM

Quote from: beerlover on March 29, 2017, 10:05:54 AM

Quote from: jaceefrost on March 28, 2017, 01:05:08 PM

It isn't really not paying fee. Technically it is Xapo which is paying the fee for you. Coins.ph ( a local exchange) also have the same feature where they are the ones paying for your transaction fee. Tho it always isn't a very good option nowadays because they are paying the minimum which I think is around 10k to 25k satoshi which sometimes isn't enough to get your confirmation confirm as fast as you want.

We must understand that even with these fees getting paid for us by Xapo or Coin.ph or even if other wallets start doing so the transactions will not arrive faster, in the transaction core code there is a default value to fees that go to miners which you can modify them, and all that those wallets are doing are paying this default value and if you want to make the transaction faster you are going have to manually change the fee value so it becomes priorities.

Less than 0.001 takes more than 1 hour, and 0.01 or large amounts takes less time. I got transferred within 30 minutes with 2 confirmation.

The transaction should arrive instantaneously, if the transaction is valid and has the minimum relay fee. Ideally, the wallets can implement a system which has dynamic fee and the fees will be adjusted according to the user's needs and network. Some of those "wallets" sends transactions in batches so as to save on fees.

The total fee doesn't matter, fee/size does.

Quote from: rickadone on March 30, 2017, 08:36:16 AM

On a positive notes, what will happen when more than 50% of bitcoin users will be adopting Xapo wallets ?

Because Xapo to Xapo payments are instant and email based. It means it will never touch blockchain but your Bitcoins will be credited in your account.

To get rid of greedy miners, we may need to centralize bitcoin under Xapo. This is the result if we start using Xapo wallets in large numbers.

Likely not. But if it does, the users will have their coins under Xapo's control. The transaction volume would reduce if the transactions are done offchain.

rickadone

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I guess OP is trying to promote Xapo wallets Grin

On a positive notes, what will happen when more than 50% of bitcoin users will be adopting Xapo wallets ?

Because Xapo to Xapo payments are instant and email based. It means it will never touch blockchain but your Bitcoins will be credited in your account.

To get rid of greedy miners, we may need to centralize bitcoin under Xapo. This is the result if we start using Xapo wallets in large numbers.

Clement Kaliyar

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Quote from: LeGaulois on March 30, 2017, 07:38:37 AM

Are you sure ? You are making me more confused now. Their website is clearly saying that transactions (outside their internal system) will be charged a fee of 0.0003375 https://in.xapo.com/fees/ Only an internal transfer is free... Comparing Xapo fees(0.0003375) or Coinbase fees (0.0004) are near the same i can say. What did you tried exactly ? Are you telling me that the content on their own site is wrong ? It's weird. Let me know, I may switch there too for an online wallet

I am using xapo and they have announced that they will be starting to collect transaction fees but they never implemented that,coinbase started collecting fees from last week and even with the fees you do not get instant transaction which is really not that good from them,but xapo is still paying from their pocket and they might implement their new fees structure pretty soon,but till now it is free to use to send coins.

paul gatt

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I think the bitcoin fee is a required amount of money that we have to pay for the transaction, which is indispensable. People need it to maintain the system and make quick transactions. Only a very small amount of free play for us when doing bitcoin transactions, coinbase is a typical example, however, when bitcoin is branched, developers of coinbase have changed that, they put A fee for transactions, and it defaults to 50k satoshi. That's a very high fee for all of us. And I suppose, I hate BU because of the consequences it has caused.

jonald_fyookball

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you can send bitcoins with no fees if you do it entirely off chain
(just give your address/key pair) to your friend.

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