Send Bitcoins Without Fees [No Miner Fees] - page 3.

Wendigo

legendary

Activity: 2604

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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!

JanpriX

hero member

Activity: 1708

Merit: 606

Buy The F*cking Dip

I don't know if you are advertising for XAPO but this additional information is useful for newbies. Please be mindful that XAPO is a third-party company for BTC and that itself poses you to different risks. You don't "actually" have control over your funds. Try using other first-party wallet such as Electrum that requires sufficient amount of fees. There are different ways to lessen your fees in BTC, you just have to research for it.

U2

hero member

Activity: 676

Merit: 503

I used to be indecisive, but now I'm not sure...

Quote from: cryptocoinplay on March 28, 2017, 12:20:12 PM

Today... I want to introduce XAPO Service which is same as Blockchain, Coinbase and let you send BTC's without fees.

TD;DR people... Use a privately owned, 3rd party web wallet to hold your bitcoins because you'll save a few bucks on fees**. btw, stop saying blockchain. It's blockchain.info, not THE blockchain. That's a newbie mistake right there.

Quote from: cryptocoinplay on March 28, 2017, 12:20:12 PM

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

No begging... It's a forum rule.

Quote from: mprep on July 21, 2014, 01:27:51 PM

7. No begging.

**Until they steal every balance from every wallet since they have everyone's private keys. Good luck!

Shearing is caring people. Shear away...

giveen

hero member

Activity: 826

Merit: 1004

Lol you never realised that there was something like xapo before. It more than 3 years old and i have been using it for a really long time without any problems. And ya they never take fees also. Plus they are the only wallet who allows user to buy bitcoin through bank without submitting any form of id, proof of address , etc.

CraigWrightBTC

hero member

Activity: 518

Merit: 500

Quote from: Amph on March 30, 2017, 02:55:55 AM

xapo and other are probably doing this to increase their userbase, they would charge you later something, it's a known tactic in these sectors of business

probably they don't have many transaction(talking about xapo) now, and can handle to pay out of their pokcets the miners fee but remember that no one work for free in this world, and if yes he is already rich

Yes and right now xapo apply the fees for transaction bitcoin use their service
xapo starts talking profit from business of wallet bitcoin,
they must apply fees to their costumers if they want be survive in business of wallet bitcoin
or xapo will become scam if there are not fees.

LeGaulois

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Activity: 2828

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Top Crypto Casino

Quote from: cryptocoinplay on March 29, 2017, 10:12:57 AM

Quote from: LeGaulois on March 29, 2017, 08:08:55 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.

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

Amph

legendary

Activity: 3206

Merit: 1069

xapo and other are probably doing this to increase their userbase, they would charge you later something, it's a known tactic in these sectors of business

probably they don't have many transaction(talking about xapo) now, and can handle to pay out of their pokcets the miners fee but remember that no one work for free in this world, and if yes he is already rich

cryptocoinplay

sr. member

Activity: 293

Merit: 250

https://tinyurl.com/cheapVPS200

Quote from: beerlover on March 29, 2017, 11:05:54 AM

Quote from: jaceefrost on March 28, 2017, 02:05:08 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.

beerlover

legendary

Activity: 2842

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Quote from: jaceefrost on March 28, 2017, 02:05:08 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.

cryptocoinplay

sr. member

Activity: 293

Merit: 250

https://tinyurl.com/cheapVPS200

Quote from: LeGaulois on March 29, 2017, 08:08:55 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.

LeGaulois

copper member

Activity: 2828

Merit: 4065

Top Crypto Casino

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

cryptocoinplay

sr. member

Activity: 293

Merit: 250

https://tinyurl.com/cheapVPS200

Quote

@shamzblueworld- I didn't knew about this so thanks for sharing. But I would like to know how much time does it take for the transaction to complete? Is it instant?

If you send more than 0.01 then the transaction processes fast. Less than that shows a note that it may take upto 24 hours. Tough I got transferred 0.0009 within 1 hour!!
So, I never had to wait for 24 hours actually. But as they are third party providers it may take a while more to receive, send , transfer or pending to confirmed.

shamzblueworld

hero member

Activity: 714

Merit: 500

Quote from: cryptocoinplay on March 28, 2017, 12:20:12 PM

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

I didn't knew about this so thanks for sharing. But I would like to know how much time does it take for the transaction to complete? Is it instant?

Silberman

legendary

Activity: 2492

Merit: 1332

Nothing new to see here it has been know for a long time that some of those services allow you to send transactions without fees, besides it is not like many users have not thought about that subject for a long time, so every time there is a way around fees the information is shared almost immediately.

cryptocoinplay

sr. member

Activity: 293

Merit: 250

https://tinyurl.com/cheapVPS200

Quote

@jaceefrost - 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.

Yep! I'm aware of that. They do it only for their business spreading nothing else.
Tomorrow or in future they will start charging. Meanwhile we can keep enjoying no fee transactions
Though, direct block is the best and secured way.

Someone said that Xapo doesn't really pays any fees. They do zero fee confirmations and for that they take long time to process the transaction.
I'm not aware of this already..but I hope this isn't anything illegal.

lite

legendary

Activity: 1400

Merit: 1009

Quote from: cryptocoinplay on March 28, 2017, 02:52:34 PM

Quote

@hajimasan - I agree with you but I will suggest you to look at the new update for such types of wallets that are not charging fee for your transaction .
Here I know the two wallets only which are third party and Secondly cames under many questions recently ( mostly coinbase) .
if you will see at the blog of coinbase and xapo( for xapo not sure ) then you will find that they started to charge for the transactions .
That is good for the development of the coinbase wallet and services because a big amount of earning of the coinbase was losses in the paying transaction charges .

Yes. I saw Coinbase started charging for transactions from their new update. This is something like business strategy-
"While they're new in market they gives some offers, discounts etc to attract peoples" I know Xapo will also do it in future."
But meanwhile why don't enjoy it Grin

Yes xapo will do the same in future. 20k sat fees isn't that high in my opinion.
you can use viabtc's tx acceleration tool if you set lower fees. https://www.viabtc.com/tools/txaccelerator/

cryptocoinplay

sr. member

Activity: 293

Merit: 250

https://tinyurl.com/cheapVPS200

Quote

@bitbunnny- That is true. I use Xapo and although so far I had no issues and problems there is a risk because of the private key that you don't hold. Seems that fees are quite an issue lately and I don't know how this will be solved. But I know we have the choice. You can use suggested fees and everything will go fine or you can take risk with very low fees.

Yep! I had also focused their wallet is secured with Mobile Verification too. I mean if you are going to send funds you have to put code.
2nd step verification for login is available on others, but this feature is unique!!!

cryptocoinplay

sr. member

Activity: 293

Merit: 250

https://tinyurl.com/cheapVPS200

Quote

@hajimasan - I agree with you but I will suggest you to look at the new update for such types of wallets that are not charging fee for your transaction .
Here I know the two wallets only which are third party and Secondly cames under many questions recently ( mostly coinbase) .
if you will see at the blog of coinbase and xapo( for xapo not sure ) then you will find that they started to charge for the transactions .
That is good for the development of the coinbase wallet and services because a big amount of earning of the coinbase was losses in the paying transaction charges .

Yes. I saw Coinbase started charging for transactions from their new update. This is something like business strategy-
"While they're new in market they gives some offers, discounts etc to attract peoples" I know Xapo will also do it in future."
But meanwhile why don't enjoy it Grin

jaceefrost

hero member

Activity: 826

Merit: 1001

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.

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: cryptocoinplay on March 28, 2017, 12:20:12 PM

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

I agree with you but I will suggest you to look at the new update for such types of wallets that are not charging fee for your transaction .
Here I know the two wallets only which are third party and Secondly cames under many questions recently ( mostly coinbase) .
if you will see at the blog of coinbase and xapo( for xapo not sure ) then you will find that they started to charge for the transactions .
That is good for the development of the coinbase wallet and services because a big amount of earning of the coinbase was losses in the paying transaction charges .

Topic: Send Bitcoins Without Fees [No Miner Fees] - page 3. (Read 10498 times)