Transaction FEES 0.00133153 BTC !!! - page 10.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: Eric Cartman on August 13, 2017, 03:33:32 AM

Some exchanges want to take every cent from their customers by charging too much for withdrawals and taking most of the fees for themselves.

Doesn't mean the network is congested

Agreed with you.I also think that they are taking a lot of fees but its not for transaction fees,they taking it for their own pocket.its very suspicious for an exchange platform.But its also my bad luck that,without this exchange I have no other option right now Sad

Dudeperfect

hero member

Activity: 1190

Merit: 534

I am not sure why this is happening but when I use blockchain.info wallet to send funds (they adjust the fees every time as per the network load), sometimes the fees almost equal to nothing and sometimes it becomes too high that makes me postpone transaction unless it is very urgent. This happens every time I try to make a transaction and the fee fluctuates in between extremely low to extremely high amounts. However, I have noticed much improvement after the fork in terms of transaction confirmation time.

Eric Cartman

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Activity: 741

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CryptoTalk.Org - Get Paid for every Post!

Some exchanges want to take every cent from their customers by charging too much for withdrawals and taking most of the fees for themselves.

Doesn't mean the network is congested

Kprawn

legendary

Activity: 1904

Merit: 1074

Since the 8th of Aug 2017, someone has started to spam the network with tx's with low fees again... {jealous much?}

A lot of people cannot handle the success that Bitcoin had lately, so they started to spam the network again. The exchanges

will latch onto that again and charge higher fees than normal. {in some instances, this is not even necessary}

http://bitcointicker.co/networkstats/

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: Imran1271 on August 13, 2017, 03:11:04 AM

Quote from: Mkmanik on August 13, 2017, 02:31:47 AM

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik

Hey Mkmanik,
you can also buy any altcoin by ether pair from bitgrail,,,and then withdraw to this your ether wallet for reducing transaction fees that's simple tricks...you have to look xrb to ether pair at bitgrail.

take a look here in this photo
Hey, Imran.
I knew this tips, But the problem is there is no ETH pair in bitgrail. i followed this rule(that you mention ) in another exchange platform.And it's the best way to overcome the fees.
However, thank a lot for your kind help.
Regards
Mkmanik

FrankNoland

copper member

Activity: 560

Merit: 253

I agree with you on that. This issue of transaction fees is getting out of hand. Now that the value of bitcoin reaches new all time highs means that transaction fees will also increase

Imran1271

full member

Activity: 183

Merit: 100

Quote from: Mkmanik on August 13, 2017, 02:31:47 AM

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik

Hey Mkmanik,
you can also buy any altcoin by ether pair from bitgrail,,,and then withdraw to this your ether wallet for reducing transaction fees that's simple tricks...you have to look xrb to ether pair at bitgrail.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: efeaydin on August 13, 2017, 03:00:31 AM

Quote from: Mkmanik on August 13, 2017, 02:31:47 AM

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik

It is too much but there is nothing you can do about the fees on online wallets or exchange websites. I advice you to use Electrum wallet because it is easy to use and you can change fee amount.

Not yet use ELECTRUM wallet but heard about it and seen that a lot of people using this wallet. I have to use ELECTRUM wallet for store my bitcoin. But for receiving Bitcoin i can't control the fee I think.if i am wrong correct me?I only control sending fee what I know about electrum wallet.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

Yeah I sent 0.1BTC yesterday, I selected priority in Blockchain.info si it was 200sats per byte.
Apparently lots of small transactions had to be combined, so it was bigger than normal.

It cost $9! If Paypal tried to take $9 for a $390 transaction without insuring it, they wouldn't be a business for very long!

efeaydin

full member

Activity: 181

Merit: 102

Quote from: Mkmanik on August 13, 2017, 02:31:47 AM

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik

It is too much but there is nothing you can do about the fees on online wallets or exchange websites. I advice you to use Electrum wallet because it is easy to use and you can change fee amount.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: OmegaStarScream on August 13, 2017, 02:36:36 AM

Network fees? It's an exchange so I believe that's normal as their transaction contain multiples outputs and inputs. If you want to avoid that, you must stop using exchanges, start using wallets that allow dynamic fees and trade with other individuals on the forums, It will cost you much less.

How to avoid it? If I want to exchange XRB then i need an exchange platfrom and XRB is exchanging in mercatox and bitgrail.only this two site are added XRB for exchange. So if i want to convert XRB to BTC then I need to use any one platform avobe them.But mercatox is very bad and they delay for withdraw.
Will you explain it more briefly?

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

Quote from: Mkmanik on August 13, 2017, 02:39:37 AM

Quote from: RoommateAgreement on August 13, 2017, 02:34:22 AM

google tells me that bitgrail is a small exchange!
if you paid 0.0013BTC in fees then there is nothing you can do about it, you can complain to that exchange why they are taking that big a fee from you. or stop using it and use another exchange that takes a smaller fee for withdrawals. for example i heard that poloniex and bitstamp are taking 0.0001BTC fee!

Take a look here: https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb really nothing to say!! for $200 transaction fee is 5$ or more. I need to leave this fucking exchange, But the problem is XRB is only exchangeable in this platform. Bad luck for Bitgaril user ...

did they really take that much fee from you?
because that would be the first exchange that does things like this!

usually what happens is that exchanges take a fixed amount of fee. for example as i said above poloniex takes 10K satoshi last time i heard. and then the exchanges pay any network fee that is needed, the user never even sees this unless they check the tx.
this means if you withdraw from exchange you still pay 10K but they pay 100K for network fee.

and that is not strange since the tx is big 668 bytes.

Mkmanik

hero member

Activity: 986

Merit: 516

Quote from: RoommateAgreement on August 13, 2017, 02:34:22 AM

google tells me that bitgrail is a small exchange!
if you paid 0.0013BTC in fees then there is nothing you can do about it, you can complain to that exchange why they are taking that big a fee from you. or stop using it and use another exchange that takes a smaller fee for withdrawals. for example i heard that poloniex and bitstamp are taking 0.0001BTC fee!

Take a look here: https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb really nothing to say!! for $200 transaction fee is 5$ or more. I need to leave this fucking exchange, But the problem is XRB is only exchangeable in this platform. Bad luck for Bitgaril user ...

fer3219

full member

Activity: 191

Merit: 102

Well you should try to understand , more fees = more quick your transaction get confirmations ,at the same time hurts so much because bitcoin price is up , a fee valued in 5 $ could be 10$ in months , try sending a ticket to the support .

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Network fees? It's an exchange so I believe that's normal as their transaction contain multiples outputs and inputs. If you want to avoid that, you must stop using exchanges, start using wallets that allow dynamic fees and trade with other individuals on the forums, It will cost you much less.

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

google tells me that bitgrail is a small exchange!
if you paid 0.0013BTC in fees then there is nothing you can do about it, you can complain to that exchange why they are taking that big a fee from you. or stop using it and use another exchange that takes a smaller fee for withdrawals. for example i heard that poloniex and bitstamp are taking 0.0001BTC fee!

Mkmanik

hero member

Activity: 986

Merit: 516

Just now make a withdraw from Bitgrail and it take 0.00133153 BTC ($5.49 ) as a fee !! (https://live.blockcypher.com/btc/tx/cdf1dc891dfc0bd827b3b4f442ab5095e5073486bce9711fde859da7fccf7ecb) Oh my God! I think it's too many fees for a transation. How to overcome this high fee? Do you follow any special tips to overcome high Bitcoin fee?
Badly i need to know any good tips about it. Someone help me please.
Best regards
Mkmanik

Topic: Transaction FEES 0.00133153 BTC !!! - page 10. (Read 5056 times)