Which crypto wallet charges less transaction fees for Bitcoin transactions??

[Sincerem]

Payeer is a very wonderful payment gateway but I don't know the reason why people kept hyping PayPal.
It is true that PayPal has gained so many recognition online but there are so many payment gateways that are better than it.

I wouldn't want to use Paypal payment gateway for complicated online transaction as the money can easily be reversed by the sender. That is the only disadvantage for me.

 

[Sincerem]

I would then recommend Coinbase to you. The gas fees charged for transactions are almost insignificant and this saves finances for other purposes. There are possibly other wallets which may offer something similar, but Coinbase is my go-to

Thanks for your advice. Have you personally make use of the coin base wallet before to carry out crypto related transaction. Is your assertion from your personal experience ?

 

[Bigron]

Thanks for your advice. Have you personally make use of the coin base wallet before to carry out crypto related transaction. Is your assertion from your personal experience ?

I have made use of Coinbase before, and still use it from time to time and this was the case. The gas fees are not taken into consideration during transactions and this helps to save some money

 

[Sincerem]

I have made use of Coinbase before, and still use it from time to time and this was the case. The gas fees are not taken into consideration during transactions and this helps to save some money

Wow that's nice. Personally I always believe that transaction fee in cryptocurrency are always the same , irrespective of a cryptocurrency exchanges. I do believe that it is being determined by the congestion of a particular blockchain network.

 

[Bigron]

Wow that's nice. Personally I always believe that transaction fee in cryptocurrency are always the same , irrespective of a cryptocurrency exchanges. I do believe that it is being determined by the congestion of a particular blockchain network.

You raise quite a valid point. I am of the opinion that the charges are put in place based on the amount of people on the blockchain network having their transactions processed simultaneously

 

[Sincerem]

You raise quite a valid point. I am of the opinion that the charges are put in place based on the amount of people on the blockchain network having their transactions processed simultaneously

Yes , I thought as much. I don't always understand a situations that people will always complain that transaction fee in most cryptocurrency exchanges and platform are higher than that of others.

 

[Bigron]

Yes , I thought as much. I don't always understand a situations that people will always complain that transaction fee in most cryptocurrency exchanges and platform are higher than that of others.

I think customers are obliged to complain when there are higher transaction fees but this is bound to happen depending on the blockchain network which they are on. It would help greatly if all the transactions were equal though, no doubt

 

[Ononivami]

I think customers are obliged to complain when there are higher transaction fees but this is bound to happen depending on the blockchain network which they are on. It would help greatly if all the transactions were equal though, no doubt

It is very correct that the blockchain use for the transaction will play a major role in determining the transaction fee.
This is very necessary and it should be taken note of.

 

[Bigron]

It is very correct that the blockchain use for the transaction will play a major role in determining the transaction fee.
This is very necessary and it should be taken note of.

In my view, I think all crypto transactions must be standardized and the fees charged be at the same monetary value. This will result in the proliferation of more transactions which can only improve the stability of the coin involved in the transaction

 

[Ononivami]

In my view, I think all crypto transactions must be standardized and the fees charged be at the same monetary value. This will result in the proliferation of more transactions which can only improve the stability of the coin involved in the transaction

Because they are housed on different blockchain, they cannot be of the same transaction fee.
It is true that it will enhance the proliferation of transactions done in cryptocurrencies if the transaction charges are fixed.

 

[ghxstvecna]

Segwit lowers Bitcoin transaction fee costs by lowering the amount of data needed for a transaction. Most wallets today use Segwit, so you should be fine. But be sure that your wallet is using Segwit.

 

[Bigron]

Because they are housed on different blockchain, they cannot be of the same transaction fee.
It is true that it will enhance the proliferation of transactions done in cryptocurrencies if the transaction charges are fixed.

If the charges placed on transactions for all coins regardless of blockchain network were equal, a lot more people would be encouraged to perform crypto transactions which would even probably increase the income they earn from charges

 

[Ononivami]

If the charges placed on transactions for all coins regardless of blockchain network were equal, a lot more people would be encouraged to perform crypto transactions which would even probably increase the income they earn from charges

Truer words cannot be said because that is the best way to enhance involvement in cryptocurrency space.
You can imagine the humongous transaction fee that is associated with the Ethereum blockchain.

 

[Bigron]

Truer words cannot be said because that is the best way to enhance involvement in cryptocurrency space.
You can imagine the humongous transaction fee that is associated with the Ethereum blockchain.

The transaction fees charged on Ethereum blockchain are extremely exorbitant and this puts quite a number of people off from performing transactions on this network

 

[Ononivami]

The transaction fees charged on Ethereum blockchain are extremely exorbitant and this puts quite a number of people off from performing transactions on this network

The recent Ethereum Merge should address the situation once and for all. It is a long awaited transition from the proof-of-work consensus to the proof of stake consensus and we don't know if this will also address the humongous gas fee associated with the ethereum network.

 

[Bigron]

The recent Ethereum Merge should address the situation once and for all. It is a long awaited transition from the proof-of-work consensus to the proof of stake consensus and we don't know if this will also address the humongous gas fee associated with the ethereum network.

This new feature adopted by the platform could go a long way to reduce the exorbitant gas fees charged by the ethereum network. This would enable more holders to perform transactions with ease and enable the network to go from strength to strength

 

[Ononivami]

This new feature adopted by the platform could go a long way to reduce the exorbitant gas fees charged by the ethereum network. This would enable more holders to perform transactions with ease and enable the network to go from strength to strength

It is a long-awaited project that has come to reality and we are expecting the juicy feature that is embedded in it.
Before the project was launched, the founders and community of ethereum network have promised heaven on heart

 

[Bigron]

It is a long-awaited project that has come to reality and we are expecting the juicy feature that is embedded in it.
Before the project was launched, the founders and community of ethereum network have promised heaven on heart

Hopefully this feature will alleviate the humungous costs customers face when making transactions. The Ethereum blockchain is quite popular among crypto users and it would only benefit them if they reduced those gas fees.

 

[Ononivami]

Hopefully this feature will alleviate the humungous costs customers face when making transactions. The Ethereum blockchain is quite popular among crypto users and it would only benefit them if they reduced those gas fees.

That is exactly what we are looking at because the transition from the proof of work concensus to the proof of stake concensus should make the transaction a little bit more easier and it should attract less transaction fee.

 

[Setho]

Bitcoin transactions going is dependent on the miners and they feel you are going to pay is going to depend on how congested the network is so nobody is actually controlling it.