Topic: Transaction Fees (Read 525 times)
Did not realize there was an active post on fees, please close this topic and I will report in other fee topic. Sorry.
I am receiving one transaction per day of a very small amount of BTC (about .003). This is going to go on indefinitely. Today I went to move the full balance out of my wallet to a different wallet of mine. I noticed the transaction fees were very high, since there were 12 inputs. The standard/medium fee range was going to be .01014 to move .28 bitcoins, about $25. That is insane! The lowest slider setting for the move amounted to about $15. To avoid a high number of small "inputs" in the future am I better sending them to an exchange, where they would get "consolidated" and they move them when the total is bigger? Or can I consolidate them somehow in my Electrum wallet? Or another idea that someone can offer? Thanks.
Jump to: