Questions tagged [transaction-fees]

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

3
votes
1answer
108 views

Can the fee produced by estimatefee be artificially manipulated?

Could a miner who wanted more transaction fees manipulate the fee produced by estimatefee? If so, what percentage of hashpower would it take, and how long would you need it?
2
votes
1answer
112 views

What are the costs of cryptocurrency fraud?

I have heard many claims that transaction volumes can be "faked" for cryptocurrencies, but I am skeptical about how this is possible. I want someone to walk me through the math describing what you ...
2
votes
1answer
164 views

Format transactions into “from”, “to”, “value” and “cost”

I'm trying to write a script that parses the entire blockchain into a database. But I'm having issues figuring out how to store what I need to then aggregate the results and build a transaction list ...
2
votes
1answer
1k views

How can I accelerate confirmations in ledger nano s?

I am using Ledger Nano S hardware wallet to store my bitcoins. Last week, for an experiment, I decided to send bitcoins to hitbtc currency exchange with zero btc fees. I was wondering how many hours ...
2
votes
1answer
406 views

What block had the most transaction fees? Why?

What block had the most transaction fees? Why? How big can transactions be? What's the largest transaction (size, in bytes)?
1
vote
1answer
29 views

Why estimatesmart fee returning the same fee for diffeent blocks number?

I am trying to calculate the fee per kb using the estimatesmartfee. I had called estimatesmart fee with different type of blocks number .The fee remaing the same. estimatesmartfee(2)=...
1
vote
1answer
2k views

Tax implications of withdraw fee from one exchange (Binance) to another GDAX/Coinbase

I transferred 0.2 ETH and 0.3 ETH in separate transfers from GDAX to Binance (GDAX does not charge a fee for this). Then, I transferred back from Binance to GDAX all 0.5 ETH, but since Binance ...
2
votes
0answers
40 views

Is there a way to get stats about fees paid (highest, lowest, average) in a specific block?

I'd prefer to get the stats from my full node via bitcoin-cli, but if that's not possible some API would do the job too...
2
votes
0answers
359 views

Abandon Transaction or Increase fee

I'm using Bitcoin core v0.15.1 and I am trying to send my BTC to coinbase. I have waited over 72 hours since initiating a transaction and when I right click the "abandon transaction" and "Increase fee"...
2
votes
0answers
893 views

How is the transaction fee for sending bitcoins using Electrum wallet calculated ?

I am trying to understand how is the fee for transaction calculated for desktop wallets like electrum.
2
votes
0answers
205 views

How to unstuck a low-fee transaction sent from MultiBit?

I've sent a transaction with MultiBit Classic or MultiBit HD, but accidentally included too little fee. What can I do to speed up the transaction's confirmation or to replace it? This is a ...
2
votes
0answers
570 views

Mempool filled with 14KB transactions, tons of inputs, 0.15 mBTC fee

With the blockchain experiencing extremely high transaction volumes (most blocks at the 1MB size limit), I am interested in studying the "backlog" of transactions in the memory pool on my own full ...
2
votes
0answers
127 views

Need to do 400 transactions, how do I get them confirmed?

I tried to send 0.00000001 btc to about 7 addresses, and paid the 0.0001 fee. But it seems like this transaction won't go through ever. Those coins are lost :(. I have about 400 sponsors, and they ...
2
votes
0answers
304 views

API: keeping account balance positive (+knowing in advance the transaction fee)

I'm using the json API. I need to keep all the account balances positive: I call getbalance first, check if it has enough bitcoins to proceed, and then move or sendfrom. This approach causes two ...
1
vote
0answers
33 views

Enable dustRelayFee behavior on testnet to get error code 64: dust

Crafting and sending an utxo of 1 satoshi does works and get mined on testnet without error. However on mainnet the error code 64: dust arise. I understand the basic idea that you are not able to ...
1
vote
0answers
57 views

Does bitcoin dust fee rule or policy activate in bitcoin testnet?

Does dust fee rule activate in bitcoin testnet? I create a tx in testnet with output is dust,the tx always relayed and go into block, but in main net it report dust transaction error. Why bitcoin ...
1
vote
0answers
34 views

Why can’t lightning tx’s be signed with sighash single to allow for fee updates?

Are out-of-band fee payments to confirm a lightning closing transaction the only way to manage a situation where the sat/kw of a previously signed commitment tx are simply below market? If additional ...
1
vote
0answers
15 views

Dynamically change transaction fee using delegate service

My setup: API service holding a bitcoind Full Node. Client Wallet - I have no control over that system. User application - Who gets the barcode for payments. So, My API (1) only has the Receiving ...
1
vote
0answers
57 views

Bitcoin-core 0.15.1 gettransaction showing wrong fee for some transactions

What makes me wonder, this happens just for some transactions Take a look at this transaction: 20179d0d2fba68b2ca82ab8cc5faa39ced73324af6b90b6505cca2c3d65102a6 As you can see inputs/outputs fee is: ...
1
vote
0answers
38 views

Dividing miner reward over a k-length jumping window

Nowadays, a miner can gain more than another one even when they mine the same amount of blocks due to variance in tx fees. It's expected that, especially once the coinbase reward is gone, this will ...
1
vote
0answers
97 views

Low fee bitcoin transaction confirmed within 30 Min

One hour ago I've sent a transaction to a friend with 110 sat/byte. After 30 min I've noticed that the transaction has 3 confirmation with this low fee and the network congestion. The receiver has ...
1
vote
0answers
73 views

Distribution of tx fees

Do tx fees issued by users follow a particular distribution ? I'd guess they follow the normal distribution, but I'm not sure. More precisely, how tx.fee/tx.size is distributed in the mempool ?
1
vote
0answers
90 views

Ho to spend bitcoin in MultiBit Classic in these times of high transaction fees?

I bought some bitcoin back in 2013 and transferred it to my private wallet managed by MultiBit classic 0.5.17. I have successfully used the system and spent some of the funds in MultiBit Classic as ...
1
vote
0answers
228 views

Has anyone experienced money wire from Bitfinex to a european bank? How are the fees applied?

I try to find the best way to cash-out when needed. I use Bitfinex lately and I see that they have a good fee structure (https://www.bitfinex.com/fees - if you know something better let me know). ...
1
vote
0answers
59 views

How do check if I have overpaid for a transaction?

I was inspired by this tweetstorm by John Newberry: https://twitter.com/jfnewbery/status/927615263058653184 I wanted to reproduce the process using my own calculations. I have two approaches so far:...
1
vote
0answers
249 views

Get fees for each transaction in a block without too many API calls

Using Blockchain.info's API, my current approach is to query the endpoint for a block then to collect all the transaction hashes within that block: https://blockchain.info/rawblock/$block_hash Then ...
1
vote
0answers
586 views

bitcoind transaction fee calculation

I'm using bitcoind and for the transfer of tokens from one account to other, I'm using sendFrom method. but there is a transaction fee calculation and on the bitcoin-qt panel, In the transactions ...
1
vote
0answers
208 views

How can one unstuck an unconfirmed transaction with Bither?

I've sent a transaction with the Bither wallet, but accidentally included too little fee. I've since updated my wallet software, so it shouldn't happen again. However, what can I do to speed up the ...
1
vote
0answers
205 views

transacton fees for raw transactions

I'm building a merchant system for a client that will accept payments in bitcoin and send all coins to a cold storage wallet once a week (or month). The system is using a deterministic wallet to ...
1
vote
0answers
735 views

Electrum - using a fixed fee regardless of transaction size

I am using Electrum 2.7.12, and I intend to use the python console to paytomany() while using a fixed fee. I have tried following directions from http://matt.ramuta.me/blog/1419787186410-how-to-write-...
1
vote
0answers
34 views

Bitcoin not being recieved even after high transaction fee

https://gyazo.com/61b5ca1bc5a007ba55ffdd37fc8c0db6 Keep sending bitcoins to multiple addresses with bitcoin core but its not getting confirmed... some have been sent months ago. I used a transaction ...
1
vote
0answers
2k views

Change the fee on Multibit

The transactions-fee is set to 0.0001 btc in Multibit classic. Can I set the fee to 0.2 or 0.3 mBTC? Where is the java class that I must change to upgrade the fee? What is the var or const to change?
1
vote
0answers
458 views

Wallet didn't include fee, transaction stuck on unconfirmed

My wallet has always automatically included a transaction fee everytime I do a transaction, but this time it didn't and I dont know why. I did everything like I always do and I haven't changed ...
1
vote
0answers
196 views

Calculation for transaction input-output balling:

To roughly calculate transaction send size in bytes we do: ((numberOfInputs*148)+(numberOfOutputs*34)+10) We want to make a transaction using two inputs of 0.01BTC (Amount to send = 0.015BTC, ...
1
vote
0answers
499 views

Litecoin transaction fee

I have been struggling over the past few days to get some up-to-date information about Litecoin and I keep ending with nothing. To start off, I would like the formula that calculates the required fee ...
1
vote
0answers
220 views

Best practice for sending btcs with fees trough bitcoind api

i am building service which will recieve exact amount of bitcoins and then devide it for two users and send it to them. For ex. Recieve: 10BTC To user A: 5BTC To user B: 5BTC Obviously i can't send ...
1
vote
0answers
450 views

Move all coins from an address via RPC

Let's say I generated some coins with a given address and I want to send a specific amount of coins to a specific addresses, and move the remaining balance to another specific address. I want to do it ...
0
votes
0answers
100 views

cant send btc, Uneconomical UTXO requested

Im trying to send btc worth of 2$ and i keep getting message "Uneconomical UTXO requested [type: 1 (limit 46629), txOut.val: 38546, required: 83847]" i even tried sending 1$ but its still the same can ...
0
votes
0answers
12 views

What is the fee when making a transaction on the Binance chain blockchain?

I've read that the Binance chain has very low fees when making a transaction. But what is it exactly? I can't seem to find any info on this blockchain.
0
votes
0answers
25 views

What happen When use -maxtxfee and -mintxfee with bitcoind

I read some document about -mintxfee and -maxtxfee. I apply this to my regtest network using the following command ./bitcoind -txconfirmtarget=6 -maxtxfee=0.00005 -mintxfee=0.00005 My question is ...
0
votes
0answers
25 views

How to convert fee_estimates.dat into a human-readable format?

I would like to take a look inside fee_estimates.dat to understand a bit better how the RPC command estimatesmartfee works. However, when I open the file in a text editor, the content is not readable. ...
0
votes
0answers
39 views

Is there a stablecoin where you do not have to pay transaction fees?

I'm trying to build an application that makes use of stablecoins, but I keep hitting the wall of my users being stuck with the stablecoins as it requires them to have to pay the parent native token ...
0
votes
0answers
143 views

Electrum saying Not enough funds

I’m trying to send bitcoin out of electrum to a different wallet and unlike the past it’s not confirming and saying not enough funds. I raised the fee bar all the way to the highest but it still says ...
0
votes
0answers
67 views

Get Coinbase.com miner fee before sending to another address

I am using coinbase.com php library to send bitcoin to another address. But every-time i am sending bitcoin the fee is shown to me after sending the bitcoin. This is causing me some problem. Is there ...
0
votes
0answers
29 views

What are the lowest fees for transparent and shielded Zcash transactions?

Currently, Monero transaction fees are an average of ~.00001 XMR for a private transaction. What are the fees for a Zcash transaction when doing a transparent transaction and a ztransaction for ...
0
votes
0answers
112 views

Samourai Wallet Can't Increase Transaction Fee with Error: “Cannot create CPFP transaction”

Using the samourai wallet on android. I sent made a bitcoin transaction with a 1 sat/b fee. It's been uncofirmed for 2 days already. I tried to click on the "increase transaction fee" button, but I ...
0
votes
0answers
256 views

how does this transaction size calculated

what brought my attention this transaction size this transaction contains 2 SegWit inputs which mean it should be compressed and five outputs. As we know, each compressed input size is ≈ 148 bytes, ...
0
votes
0answers
110 views

How to access “change” account from LTC transaction?

I bought LTC on Coinbase, and then transferred it all to my Jaxx wallet address. The transaction hjas been confirmed, and the amount sent shows in Jaxx. Looking at the transaction on blockcypher.com, ...
0
votes
0answers
2k views

How can a bitcoin ATM charge less than the average bitcoin transaction fee?

As of this writing, the average bitcoin transaction fee is over $30, according to this chart. However, I just bought $20 worth of bitcoin from an ATM, and they charged me a fee of around $2.00. My ...
0
votes
0answers
76 views

How to ask a miner for help?

after reading on, and checking my transaction, it think i;ve paid far too little for my transaction - This was not intentional - honest mistake as it was my first time of doing this... how can i get ...