Thank you so much for the answer. That looks perfect for my usecase. Onto downloading it now.
If anyone here knows of a website which would allow it as well, please let me know. I am always on the go, and like to have my bitcoins available online.
Topic: Sending a transaction to multiple people with the same fees (Read 551 times)
Thanks for that post. It seems to be an year old post and says since its not too common, hence GUI doesn't support it. I am imagining it to be much common now, or atleast some online wallet site supporting it. Also is Electrum the only wallet which offers it as of now ?
The Electrum GUI does support it... and it is almost as easy to do as doing a normal send...
As the little popup says, you just type the addresses in the "Pay To" box put a comma and then the amount you want to send. Check this post from the Electrum Docs for an example: http://docs.electrum.org/en/latest/faq.html#can-i-do-bulk-payments-with-electrum
NOTE: the amount will be in the units that you're set in your "Tools->Preferences->Appearance"... BTC, mBTC or bits.
I have never sent the same transaction to multiple people. When I send money to a single person, say I pay 0.0004 in fees. Can I send money to multiple people in the same transaction and pay just one fees for the entire transaction ?
If so, then is there an online wallet which supports this feature ?
No, you can't send Bitcoin to multiple addresses with the same fees used for a single transaction, because your inputs and outputs data size would be bigger (obviously), but paying in a bulk reduces the fees drastically rather than paying one at a time. If so, then is there an online wallet which supports this feature ?
Also, I don't think there is an online wallet that would support such feature. There are four wallets that I know support this feature: Electrum; Bitcoin Core; Armory; and Blockchain.info.
You can send that way, but have to use the wallet app to allow that, currently I know, with Blockchain.info you can transfer so.
I can't tell you much about online wallets but I know that this is possible using Electrum, Its not a newbie friendly method really but It works just fine. I suggest checking this post to have a better understanding.
Thanks for that post. It seems to be an year old post and says since its not too common, hence GUI doesn't support it. I am imagining it to be much common now, or atleast some online wallet site supporting it. Also is Electrum the only wallet which offers it as of now ?
I can't tell you much about online wallets but I know that this is possible using Electrum, Its not a newbie friendly method really but It works just fine. I suggest checking this post to have a better understanding.
I have never sent the same transaction to multiple people. When I send money to a single person, say I pay 0.0004 in fees. Can I send money to multiple people in the same transaction and pay just one fees for the entire transaction ?
If so, then is there an online wallet which supports this feature ?
If so, then is there an online wallet which supports this feature ?
Jump to: