CRYPTOCURRENCY : HIGH BITCOIN TRANSACTION FEES
People keep complaining that the Bitcoin transaction fees are very high and its so slow.
Do you know that Bitcoin transactions fees skyrocketing is no more a news now!!
Why ?
Because after the mempool clearance recently and the increase in segwit adoption, the fees have reduced substantially.
But wait!! Do you know how to reduce your transaction fees further while transacting bitcoins?
One way of reducing fees is using segwit addresses obviously and the other is to use such Bitcoin wallets that allow you to customize your Bitcoin fees.
Read Full Story Here: https://coinsutra.com/bitcoin-wallets-custom-transaction-fees/
article credit to: Coinsutra
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It's very interesting post and very useful!!
I like your work!!
Resteem _)) Upvote me if you want :))
Your Power is amazing ....You are steem millioner :P
@nkkb to @pioner21: Very good bro. Every success toy you.
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Thank you for all dear @nkkd _))
Always success and you my friend....
One way of reducing fees is using segwit addresses obviously and the other is to use such Bitcoin wallets that allow you to customize your Bitcoin fees.------this is really helpful. Thank you.
@nkkb Yes sounds very simple indeed. All the best
It turns out many ways to reduce costs by using segwitions, I just found out, thanks for the information @ nkkb, I am also one of the bitcoin users.
@nkkb to @milky My pleasure and all the best in our journey towards financial freedom.
#nkkb
Good deal!
I have not been using bitcoin for sending. I've switched to litecoin for sending between exchanges to avoid high fees.
Nice to see it subsiding.
BLAST 'EM!
JGV
Bitcoin core gets challenged by Bitcoin cash now because bcc claim more faster and low transaction fees, nice post brother!!
@nkkb says welcome
I think in the end, the highest fee you paid for contributed to the fastest transaction time for your btc transaction. I am using ETH though.
@nkkb says At least there is a choice. Thanks bro
no prob!
Easier way is to just use litecoin. Faster, Cheaper, and otherwise the same tech.
@nkkb to @thunderbirdcomic : Yes indeed, there many other options in terms of fees reduction. Thanks
yeah those fee are what kill the market for alot of people but there always going to be pros and cons to every venture thats what i like about steem the zero transactions fees and that it can be linked to most major and minor cryptos
@nkkb says true enough and one choose whats good for one.
assalamun alaikum.ya kawan bitcoin sekarang lagi gak jelas, postingan bagus kawan.
@nkkb says Salamun alaikum dan terima kasih
This is really helpful. Thanks mate!