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Questions tagged [transaction-fees]

This tag should be used for questions related to paying transaction fees in the Bitcoin network.

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1answer
26 views

Why coinbase bitcoin withdraw fee is 10 time cheaper than my usual P2P exodus transaction?

Hi guys do you know why Coinbase bitcoin withdraw fee is 10 time cheaper than my usual P2P exodus transaction? Are they use a lighting network or ? How is it possible? For example the Binance withdraw ...
5
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1answer
155 views

Where are transaction fees specified?

I've recently looked up the exact format of a transaction and came up with this (source with explanation): However, this seems not to include transaction fees. Are they not part of the transaction? ...
2
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1answer
68 views

How do the fees for taproot transactions compare to P2WPKH?

How would the most basic taproot transactions (not involving scripts) compare to P2WPKH transactions in terms of vbytes or fees?
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0answers
23 views

Why is my transaction stuck? Buying over 650$ worth of btc [duplicate]

My transaction seems to be stuck im not sure why, made the payment around 7am and its now 6 in afternoon. https://blockstream.info/tx/9da37dc771e17d804c1d2695b1409a862b9016dc74326ce15daaaf1adc2a7b59 ...
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0answers
25 views

Is it any coin where QR code reading is standardized? [closed]

I am looking for a coin which satisfies the following 3 condition: It is popular, part of the top 20 coin Transaction is cheap, transation fee is some cent All wallet uses this coin has a universal ...
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0answers
49 views

Will Bitcoin eventually disappear spontaneously when mining becomes meaningless? [duplicate]

Is Bitcoin Mining Coming to an end? What Happens to Bitcoin After All 21 Million Are Mined? The Supply of Bitcoin Is Limited to 21 Million In fact, there are only 21 million bitcoins that can be mined ...
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1answer
44 views

Process to get started with bitcoin for beginners [duplicate]

I'm new to all the crypto stuff, and I spent some time reading about it to get familiar with it, and now I'd like to start the experience, though I'd first like to have some feedback about whether I ...
0
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1answer
93 views

Can an attacker flood the Bitcoin network with fake transactions?

We are in 2050. People show an ever-growing distrust in the global banking system and start transitioning to only using Bitcoin: most companies accept it as a form of payment, and people settle their ...
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1answer
24 views

Different fee rate units - sat/vB, sat perkw, sat perkb

While reading documentation of C-Lightning I found this in section about making onchain transactions with the wallet (funding and withdrawing the wallet): feerate is an optional feerate to use. It ...
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0answers
28 views

Sent transaction on 30 march 2021 still unconfirmed in mempool what can i do? [duplicate]

I made small BTC transaction from my bitcoincore wallet to account of Binance on March 30, 2021. I did set the fee low. But i wait a month for the transaction to back to my wallet. But it said still ...
2
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2answers
57 views

Can stolen or otherwise tainted coins be laundered through mining fees?

Do chain analysis techniques consider the fee portion of block rewards as tainted funds? e.g. if known stolen funds are moved in a certain block, the fees the sender pays end up "polluting" ...
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1answer
35 views

Can I have a fee rate lower than the one suggested by estimatesmartfee economical

I know what the inputs and outputs are, the weight of the transaction. At the moment I have $1400 divided into addresses (of my own bitcoin-node). When using sendtoaddress, 24 blocks, ECONOMICAL he ...
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1answer
25 views

Can larger transactions have a lesser fee per byte than smaller ones and still get equally treated?

Is the term "volume discounting" applicable in bitcoin transactions, meaning can a user pay less satoshi/Byte if a few transactions are bundled into one? In other words, would a fee for a ...
1
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1answer
86 views

Is the transaction size relevant if fee per byte is the same?

Is the size of the transaction some factor when the miner chooses one transaction over the other, provided that they both have the same fee per byte? In other words, will the miner prefer larger or ...
0
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1answer
62 views

Does Bitcoin no longer fulfill its original purpose?

The Bitcoin whitepaper details "a purely peer-to-peer version of electronic cash", usable for "small casual transactions". According to BitInfoCharts, the average Bitcoin ...
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0answers
17 views

What is the best way to pull miner's fee associated with a list of transactions?

I have a spreadsheet containing the transaction ID, datetime, and BTC amount of 800,000+ transactions associated with a BTC address (includes both sent and received transactions). Now I am trying to ...
0
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1answer
73 views

Why are Paxful transaction fees so low?

Recently I used Paxful for the first time I had bought 0.00022665 BTC and then had sent them to my Electrum wallet. The whole amount have arrived to my private wallet successfully, so that means that ...
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0answers
178 views

How do I double spend using electrum for fix unconfirmed transaction

I have two Blockchain.com wallets.(Both of them are mine) Some days ago i did a big mistake. I sent 1100$ From wallet #1 to wallet #2. (10.0 sat/vB > As you see this is very very low) (TX LINK) And ...
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0answers
30 views

How to handle account balances?

My goal is to manage the investments of a huge group of people. Let's say that each month each one puts in a different amount of dollars (it may even be $1) and I need to send to his wallet that ...
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0answers
47 views

BlockChain.Com Wallet - Why transaction FEE Is very HIGH

I have two wallets in BlockChain.Com web site. When i want to transfer bitcoin from one of them situation is like this : Money for transfer : $1000 Transaction Fee = Priority = $26 In another wallet ...
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1answer
136 views

Blockchain.com wallet | 1178$ transaction with low fee = 10 satoshi | How fix unconfirmed issue

I have a blockchain.com wallet. yesterday i did a big mistake : I customized transaction fee and set it to 10 satoshi. Here is the tx link of that transaction. Now after 1 day it has n't confirm. Did ...
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2answers
147 views

I used edge wallet to send my bitcoin from my wallet to my cash app but i used a low fee soo its been unconfirmed for 10 days what can i do? [duplicate]

My transaction 5c8552a6744b3428d3ec4b5c0dd8b378ffeb4efd703b76a2b9d106250234d766 Has been unconfirmed for 10 days is there anything I can do to get it confirmed or do I just have to wait?
1
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1answer
112 views

Unconfirmed transaction: the status is “0 / unacknowledged, not in memory pool ”

I started a transaction with bitcoin-0.21.0-win64, a Windows client. It may be that the fee is set too low, which leads to the unsuccessful transaction. What should I do in the future? What do I need ...
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2answers
160 views

Why does Electrum include seemingly unnecessary inputs in a transaction?

I want to make a payment of x BTC. My Electrum wallet shows two "output points" in the Coins tab (with the same address). Both of these show an amount much larger than x BTC. If go to the ...
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1answer
78 views

What Means the Final Option in Bump Fee / Increase Fee Electrum Wallet Option

Hello I want to know what will happen if i put my transaction as Final can saves fee or no?
2
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2answers
211 views

Minimum for sending BTC from BTC wallet

Is there a particular minimal amount of Bitcoin one is allowed to send under which it is too low to be confirmed as a valid transaction from the bitcoin wallet? For instance, I have got approx. 85 ...
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0answers
20 views

BTC send transaction “stuck”

It seems I have a stuck "send" transaction. I transferred the entirety of my BitCoin Core wallet to Newton. (purely so I could offload the blockchain off my PC) I am sure the fee was too ...
1
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1answer
111 views

bitcoin payment has big fees

I am using the bitcoin-rpc and everytime i create an invoice from a PHP script, i create a new address. All is ok, i get the money after, i have a script that checks number of confirmations, then when ...
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1answer
73 views

How to 'buy the dip' without constantly incurring network fees?

I'm a newby to the crypto world and one thing that I have seen a lot of is people saying to 'buy the dip!'. Fair enough, I like that idea. However, I have limited funds, and so thought that the best ...
3
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1answer
126 views

bitcoin-core automatic coin selection

for business reason i need to use the bitcoin-core (v0.20.1) automatic coin selection feature and few days ago i saw a transaction come out that left me puzzled, it was like that: input 0.00017[...]...
3
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3answers
370 views

Plot of distribution of all bitcoin transaction fees paid?

Is there a way to find and plot every transaction fee ever paid on the blockchain/bitcoin? Background I have read about transaction fees: Though the average Bitcoin transaction may be around $25, for ...
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1answer
24 views

Not sure where some of my transaction went

I just made a transaction of 61.80 Euros, but it charged me 88.01, And I'm not sure why. Some background: I'm using a service called HodlHodl to turn my mined bitcoin into money. I use Electrum as my ...
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0answers
65 views

Generating zero-amount transactions in regtest mode?

I'm setting up a larger test network of regtest nodes in which all of them should be easily capable of creating blocks and sending transactions. To this end, I'm looking for a simple way for the nodes ...
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1answer
50 views

Calculating fee based on fee rate for bitcoin transaction

I'm writing an algorithm for calculating fee based on fee rate and amount to be sent (requested amount) in order to propose the fee to user; Sorting UTXOs ascending based on value Take enough UTXOs ...
0
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1answer
33 views

How to split fee between more than one miners?

I found that some BTC blocks have more than one miners, for instance: https://www.blockchain.com/btc/block/000000000000000049a0914d83df36982c77ac1f65ade6a52bdced2ce312aba9 there are two miners: ['...
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1answer
49 views

Where can I find statistics on average feerates at different times of day and days of the week?

I know there are websites that show the price needed to get a tx into a block if made now, but is there any website that show the average price per byte for a tx at different times of the week and day?...
0
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1answer
63 views

bitcoin payment high fees

I am using bitcoin-rpc and everytime i create an invoice for the client to pay, i create a new address. Payment is ok, i get the money after a cron.php sees that all confirmations are above 3, but ...
2
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1answer
57 views

Do miners have an incentive to confirm various transactions from same address?

Mempool is really clogged those days. I tried to make a transaction from one of my address to a friend. As we didn't care about confirmation time, I put a 5 sats/bit fee. 2 weeks later, transaction ...
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0answers
8 views

Unconfirmed Transaction is stuck from last three days [duplicate]

https://blockstream.info/tx/8504d29348a9bb33e0b4c73538f5dd04464bfe11d45445e55e1524102a656d23 This transaction is stuck from last three days. Need help pls
2
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3answers
180 views

UTXO Model and Trans Fee / Kb Clarification

I have been working on understanding the inputs/outputs and transaction details as according to the UTXO model which is discussed in this question and also thinking about how it relates to transaction ...
0
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1answer
60 views

Confused about input and output spending limitations and consolidation

I am sure the answer to this is trivial to someone who already knows the answer, but not to me. I recently wanted to spend some received bitcoin for the first time and discovered that the associated ...
0
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1answer
62 views

How is Liquid monetized?

I was reading about how Liquid works. Do Liquid transaction fees work the same way BTC fees do (per transaction)? Is there only Blockstream as a miner or are there other enterprises who collect the ...
2
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1answer
50 views

Why does my withdrawal fee not match the transaction fee I'm seeing on a block explorer website?

Sent ~$7 worth of BTC from a Coinbase wallet, to a cold wallet. Coinbase charged a ~$2 "network fee". Make sense so far, but the transaction listed on blockchain.com shows a magnitudes ...
0
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0answers
12 views

Why does Blockstream.info say “SegWit fee savings: This transaction saved XX% on fees by upgrading to native SegWit-Bech32”? [duplicate]

Why does Blockstream.info have a section, when viewing a transaction such as this one, that says: SegWit fee savings: This transaction saved 22% on fees by upgrading to native SegWit-Bech32 ?
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0answers
78 views

Unconfirmed transaction and expired address help

I have one unconfirmed transaction and now the expired address. I cannot abandon the transition because the writing is gray, +24h hours have passed (the arrival was expected in 8 hours...) and no ...
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2answers
117 views

What is the estimated USD fee price in BTC when Bitcoin is worth 1 million dollars in the future?

Currently, fees in Bitcoin are quite high ($1-$30) to move anything under $50 USD. If Bitcoin is worth 1 million dollars one day, how much would an on-chain fee be? Assuming blocks are going to be ...
0
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1answer
43 views

What are the benifits of using Compressed Bitcoin Addresses rather than Uncompressed addresses if same length?

They are both in base58, both 34 characters long, so where exactly is the space saved? When converted to binary is there one less bit on the compressed key as opposed to the uncompressed one? (This is ...
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1answer
125 views

Why doesn't Bitcoin-Core support Lightning Network? [closed]

I first learned about Bitcoin in 2009. Ever since, I've (very) slowly pieced together information, while shaking off 99% disinformation, about how Bitcoin works. I run a Bitcoin Core fullnode and have ...
0
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0answers
23 views

Why has there not been any confirmation for an entire hour? What do you recommend that I do to speed them up for myself and others? [duplicate]

I made a transaction an entire hour ago. Still in the damn "memory pool". I've had extremely varied experiences over the years with transaction speed, but I'm really starting to feel as if ...
0
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1answer
199 views

Basic overview of fees

Can someone explain fees in layman’s terms I thought I would throw a few dollars into bitcoins more for a laugh than anything - but the fees are confusing me. I googled best wallet for newbies & ...

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