Questions tagged [transaction-fees]
This tag should be used for questions related to paying transaction fees in the Bitcoin network.
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I was sent money through vantagevend and ive been paying fees to withdrawal am i being scammed
I received 4000 in btc from boyfriend out of country. I paid 500 for a plan in vantagevend to withdrawal. As I'm withdrawing the 4k I'm told 20,000 come in also and had to buy bigger plan 1400 I ...
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how can I get the fee percentage on buying or selling a specific amount of bitcoin at any time?
so im noob on all of this so bare with me.
im trying to test the possible net revenue of a trading algorithm/bot,
but i dont trust it enough to test it with real money, so im going to simulate how ...
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How is this 0 sat tx even possible? How can I do them?
A Redditor from r/Bitcoin spotted a 0 sat/vB transaction in which the transaction occurred sometime in October last year (presumably by F2Pool). The transaction ID is as follows:
...
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withdrawal fee in crypto
I have a question related to the withdrawal fee. I can find transaction fees, but not withdrawal fees in crypto platforms.
Could you please let me know how I can find out more about this type of fee? ...
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613
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Why is the average transaction fee so high created by my own written code? [duplicate]
Recently, I'm trying coding with Bitcoin like creating raw transaction and filling with some data finally send the raw transcation.
There is a question I don't know how to deal with.
With my own ...
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1
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63
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Why paying to multiple addresses is cheaper than sending payments separately
I found this old post about sending money to multiple addresses here that explains with "Concrete numbers" why individual transactions are more expensive compared to cumulative transactions. ...
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19
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Looking for data: Fee rate Per Transaction
I'm looking for websites (dashboards, charts, etc.) and/or datasets which show,
average daily transaction fees (sat/vB)
average/min/max fees of each block (sat/vB)
Also, what would be the steps to ...
1
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1
answer
21
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Does signing a message as specified in AOPP incur a fee?
Does signing a message as specified in Address Ownership Proof Protocol (AOPP) incur a fee? I think not - there is nothing written in the specification about broadcasting
anything to the Bitcoin ...
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2
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66
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I'm creating a bitcoin wallet but I can't figure out how to send transactions with a low fee
I created a bitcoin wallet https://github.com/Grantrocks/bitcoingadgets. After 2 days of constant errors, I got it to send btc. But I can't seem to get it to send btc somewhat fast at a low fee.
I use ...
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Can the mining reward ever go up?
Can the mining reward ever go up?
I believe the answer is no, and the only way it will go up is if the miners decide to change the protocol.
But, I wanted to check with the experts. Thanks!
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Fee adjusted block size
I imagine this has been thought through and dismissed at some point, but what about a difficulty-adjustment-like thing for block size.
It would aim to maintain a constant-ish fee size by raising and ...
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101
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Is the minimum fee consensus, just policy, or both?
Intuitively, I think minRelayFee is policy while minBlockTxFee is validation, but DEFAULT_MIN_RELAY_TX_FEE is in validation.h while DEFAULT_BLOCK_MIN_TX_FEE is in policy.h.
- 294
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Can Finney attacks only be made by miners?
I read this article about double spending attacks. The article has a sentence that goes like this:
"Finney attacks can only be executed by miners, and are therefore fairly technical and obscure.&...
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30
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Can sent bitcoin be reverted? [duplicate]
Can succesfully sent bitcoin be reverted? The reason was that a fee was needed. The fee will be sent back after transfer is fulfilled?!?
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How to find nodes forwarding transactions with less than minRelayTxFee?
Technically, it is up to each node operator to set the minRelayTxFee as he pleases.
Assume a transaction with less than 1Sat/vB in transaction fees and a fairly empty mempool.
Is it possible to ...
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Forks, fees and Miners compensation
My question is simple. Does the miners' fee include some risk for the possibility that their blocks don't make it into the long-term chain?
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41
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Is it possible to make a transaction from multilple addresses to one address?
I am building a platform (in node js) that users are going to pay for items using bitcoin. Some of the items has low prices (perhaps, even lower than the BTC fee).
The problem is: if I make an ...
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2
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102
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Is there any other form of coinbase transaction?
Could miners intentionally change the output address or reduce the output value before forming a block
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51
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Is the paying of a transaction fee have anything to do with UTXO?
Say I have two addresses in my bitcoin core wallet, address A contains 0.1 BTC and address B contains 0.15
I choose to transfer someone 0.1 BTC, but there is also some fee, say 0.00001. Will the ...
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Transfer all funds to another wallet with node.js
I have a segwit address (starts with bc...) and its private key, that holds some BTC value.
Using node.js I would like to transfer all my funds to another address.
This should be pretty straight ...
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55
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Fee rate and market cycle
Why nobody wants to use Bitcoin most of the time? Why is the fee rate spike only in few periods?
user103136
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109
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How much mining activity is needed for Bitcoin to remain secure?
I'm not looking for a number, but rather for a way to make an estimate taking things like market capitalization and the fact that mining uses ASICs into account. (I assume ASICs are relevant since ...
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Might hierarchical deterministic wallets increase the fees you pay for a transaction as a trade-off for privacy gains?
This is my first post here, so be kind :-|. My understanding of deterministic wallets is that they use an initial seed to create a master key from which you derive multiple receive addresses thus ...
3
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77
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Different term for 'fee rate'
Lot of users are confused between fee rate and fee. Sometimes even developers make mistakes or use 'fee' for everything to avoid confusion which can be considered misleading.
Was there ever a ...
user103136
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41
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Does Bitcoin have incentives for relaying transactions?
Let's suppose that I can only reach one anonymous node in order to communicate my transaction to the rest of the network. The reason could be related to some global catastrophe resulting in ...
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How much cheaper will Bitcoin transaction fees be when Taproot is implemented in November of 2021?
With the upcoming taproot upgrade to the network. How much cheaper will fees for sending a transaction? If not, are there other improvement proposals to reduce fees?
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Information available to bitcoin miners in processing transactions
I'm very new to Bitcoin, and in my learning process I came across this site:
https://mempool.observer/
which shows the varying amounts of unconfirmed transactions waiting to be mined. I'm learning ...
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64
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How can I calculate the correct fees for a blockchain transaction?
How can I calculate the correct fees for a blockchain transaction? I use https://bitcoinfees.earn.com/api/v1/fees/recommended. I got hourfee - 88. How can i calculate bytes of transaction?
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Socialist fee schemes
If in low inflation future network assured contracts become common and in case they rose to a status of most important source of network computing power, wouldn't then make sense to soft fork ...
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69
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How do exchanges offer free deposits?
Since each transaction creates an unspent output. You'd need to pay a transaction fee to move those funds each time.
They charge withdrawal fees however these are static and not dynamic.
I understand ...
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I invest 5000 PHp in bitcoin and to ask me i need to pay the transfer fee [duplicate]
List item
I invest 5000Php in bitcoin but after the mining my invest he ask i need to pay a transfer fee .is it normal to pay that because im from Philippine
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Do you pay a transaction fee per spent output or per total transaction?
I'm wondering how transaction fees work.
Do you pay based on the entire transaction or per output basis?
i.e. imagine the base fee is 10000 satoshis. You're trying to send money to X address. You are ...
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76
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After mining rewards go down to 0, can someone clog the Bitcoin network by creating millions of transactions with no fees?
After mining rewards go down to 0, it is possible miners will not pick up transactions with 0 fees. In that case, could someone create millions of transactions with no fees, to congest the mempool and ...
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Can you program a transaction to automatically run once fees are low?
Can i program a bitcoin transaction to run when the network is not as busy or when fees are low? If you are not in a rush to complete trx.
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Would reusing addresses result in a lower fee?
Let's say you withdraw 100 times from an exchange using a different address each time for a total sum of 1 BTC.
Now you want to move this entire BTC to a new address.
This would result in a ...
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Why are segwit transactions cheaper than legacy transactions?
What's the reason to make fees for segwit addresses lower, while keeping legacy addresses with higher fees? --
I'm interested in both, why segwit transactions are cheaper than legacy addresses, and ...
user125245
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Do I have a chance to commit a transaction without any network fee?
I know how transaction fees are calculated. Also I understand that a transaction with a higher fee will be approved much faster than a transaction with the lowest one.
Does the bitcoin protocol allow ...
user125245
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GetMinFee() in blockchain.cpp
"mempoolminfee" : n, (numeric) Minimum fee rate in BTC/kB for tx to be accepted. Is the maximum of minrelaytxfee and minimum mempool fee
"minrelaytxfee" : n, (numeric)...
user103136
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61
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Select a fee based on confirmation time. How to implement it?
I'm developing a client on nodejs which connect to a bitcoin core node through JSON-RPC.
I want the user to be able to select the fee they want based on the time (the same way bitcoin core GUI does it)...
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Bitcoin transaction charges [duplicate]
I have a broker with a questionable reputation who is trying to send me a couple of BTC, but maintains there is a transaction charge of c$25k for this to go ahead. I don't believe him and think this ...
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submit unconfirmed transaction use submitblock and collect fees [duplicate]
for make unconfirmed transaction at blockchain more faster confirmed, i myself using bitcoin core full node, how about if use submitblock command for make transaction quickly confirmed? also from ...
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Unconfirmed transaction in memory pool [duplicate]
In February 2021, I sent some bitcoin from bitcoin core account. I choose a low transaction fee. The transaction is down as 'unconfirmed, memory pool'. The bitcoin has not appeared at the receiving ...
2
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1
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What fee is the starting point of the closing fee negotiation?
When I issue the command lightning-cli listpeers $peerid i get a feerate perkb of 1012 atm. What feerate is this exactly? Is this the feerate which will be proposed by the other peer for a mutual ...
user112185
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Avoiding fees collecting BTC deposits from different addresses
We're looking into making website for trading Bitcoin.
Users get individual bitcoin addresses to deposit BTC.
How do we avoid paying transaction fees for every of these deposit transactions that we'll ...
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Which projects and services are responsible for most of the Bitcoin transactions?
Which projects and services are responsible for most of the Bitcoin transactions?
Project
Transactions %
ABC
50
XYZ
20
I am interested to know which projects really contribute in paying more fees ...
user103136
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2
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101
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Transaction Fee in Confidential Transactions
Is there any transaction fee for Confidential Transactions in the Liquid Network?
In the UTXO model, Alice has 10 btc. She sends 1 btc to Bob, 8.999 btc as return change, and 0.001 as fee.
Input : 10 ...
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Where is there a graph of total miner revenue (BTC) per unit time (e.g. day)?
Basically I'm looking for this graph, but denominated in BTC https://www.blockchain.com/charts/miners-revenue or this graph plus the block reward https://www.blockchain.com/charts/transaction-fees
I'...
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What is upgrade fee in trading?. Is it necessary to pay? [duplicate]
I trade in standard crypto trading.. initially I trade for $100.. After they asked me to pay $300.. And said then only I can receive my profit.. after they said trade completed.. and I received profit ...
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Idea for zero confirmations transactions using “proof of risk”
I was wondering if the following could be implemented on Bitcoin or other cryptos, or maybe in the future with additional opcodes.
Suppose Alice wants to send small transactions to others, without the ...
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Can I transfer some BTC with 0 tx fee now, when the mempool is empty?
I wanna send a tiny amount of BTC (0.001BTC). I am not in a hurry and I noticed the mempool is sometimes empty these days because the market is cold. So can I set the network fee to 1sat/byte or even ...
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