Author

Topic: Sent Bitcoin but no fee was docked. transaction block states there was 1 though (Read 248 times)

legendary
Activity: 4438
Merit: 3387
I sent this from the Gemini exchange wallet.

Gemini pays the fee for you.

If you sent the bitcoins from your own wallet, you would have to pay the fee yourself.
newbie
Activity: 17
Merit: 0
Same deal for my 4 bitcoin withdrawals from Gemini.
A small fee apparently covered by Gemini and I got the full requested bitcoin in my hardware wallet.
I vaguely recall reading somewhere in their terms that you get x no fee withdrawals like this but could be mistaken.
newbie
Activity: 17
Merit: 0
i think the fee is given to the miner in the form of a brand new coin or a percentage of one.

I sent this from the Gemini exchange wallet.

I am testing etherium out soon. hopefully by the end of the week.



copper member
Activity: 2142
Merit: 1305
Limited in number. Limitless in potential.
Post above is right, the tx fee was made without deducting from the amount you send. Btw do you mind sharing the wallet you used to send? Much better if you use a wallet where you can control and manually put the amount of your tx fee.
Sending through eth was also good and it take lesser fee than btc.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
Here is the transaction block: https://insight.bitpay.com/tx/b683ed68988af0fc649fc542414db0c97cbf8dd4a42d7258b7ec62bf647e039f

I sent the following amount, which i shown at the bottom as output or sent: 0.024638 BTC (S)


That same amount arrived to the other wallet. I am guessing that the current protocol is to give the miner in a fee in the form of a new coin if its not docked from the amount sent.


Any input is appreciated. I am trying to figure out which is more efficient for me to send different amounts. Etherum or Bitcoin. and this was fantastic to see i just do not understand. I wonder if it will remain this way. I have read in the end it will dock fees from the actual amount sent. I thought it already did. but it seems I am wrong.

   
According to the transaction details, a fee of 0.00039132 BTC was paid to the miners, if you saying that you didn't input that and the receiver got the same exact bitcoins then where did the fee come from.
newbie
Activity: 17
Merit: 0
Here is the transaction block: https://insight.bitpay.com/tx/b683ed68988af0fc649fc542414db0c97cbf8dd4a42d7258b7ec62bf647e039f

I sent the following amount, which i shown at the bottom as output or sent: 0.024638 BTC (S)


That same amount arrived to the other wallet. I am guessing that the current protocol is to give the miner in a fee in the form of a new coin if its not docked from the amount sent.


Any input is appreciated. I am trying to figure out which is more efficient for me to send different amounts. Etherum or Bitcoin. and this was fantastic to see i just do not understand. I wonder if it will remain this way. I have read in the end it will dock fees from the actual amount sent. I thought it already did. but it seems I am wrong.

   
Jump to: