Which bitcoin wallet has the lowest transaction fees?

[Terle]

I'm using Exodus wallet now but the transaction fee is too high. When I have to send someone $10 then the fee is $7-$12 for transaction only. When I set custom fees then it takes very long time(days) to complete a transaction.
Which wallet has the lowest transaction fees?

My majority transactions are microtransactions $5-$30

 

[alurosu]

I'm using Exodus wallet now but the transaction fee is too high. When I have to send someone $10 then the fee is $7-$12 for transaction only. When I set custom fees then it takes very long time(days) to complete a transaction.
Which wallet has the lowest transaction fees?

My majority transactions are microtransactions $5-$30

Don't use BTC for small transactions. It's not going to work. All fees are calculated by the blockchain, not the wallet. You will pay the same on every wallet.

 

[Historya]

DON'T USE BITCOIN if you want lower fees. That's the current situation.
You can check the Bitcoin Average Transaction Fee here: https://ycharts.com/indicators/bitcoin_average_transaction_fee
I tried sending last about $10.00 and my fee was around $4.90, i was using blockchain wallet with custom transaction fee.

 

[Terle]

Don't use BTC for small transactions. It's not going to work. All fees are calculated by the blockchain, not the wallet. You will pay the same on every wallet.

What should I use then? I use bitcoins to buy vcc or aws accounts.

 

[Evoxt]

Fees depends on what you set, Exodus probably set them for you so your experience is seemless
Try Electrum, you can customize your transaction fees there, as low as 1 sat/b

 

[Terle]

Fees depends on what you set, Exodus probably set them for you so your experience is seemless
Try Electrum, you can customize your transaction fees there, as low as 1 sat/b

How much time it takes to complete transaction with that custom fee?

 

[deutch welle]

i use coinomi and i can set costum fee for transaction but yeah if you put it too small may be can take days to confirm

 

[Scorpion Ghost]

Cant you exchange your bitcoin for some other crypto, which has lower fees, and then use that to pay.

 

[Terle]

Cant you exchange your bitcoin for some other crypto, which has lower fees, and then use that to pay.

The seller only accepts bitcoin

 

[Scorpion Ghost]

The seller only accepts bitcoin

The seller sucks

 

[Evoxt]

How much time it takes to complete transaction with that custom fee?

That depends on the mempool. For now, it will never get confirmed xD

 

[shiboshy]

In some wallets - such as Atomic, you can set your own fee - I have tested making the fee half of what Exodus is and the payment was processed quickly. Use a wallet that supports adding custom fee.

 

[hdloader11]

Fees are set by blockchain, your wallet doesn't really matter. If you manually set the fee to a low amount, it can take days to get confirmed. I recommend converting your BTC to another cryptocurrency like NANO.

 

[resurrects]

I recently started using LTC for my crypto payments because fees are literally less than a cent, use other cryptos whenver you have the chance

 

[Dovina]

careful with custom fees because you can stuck your transactions for 3 days and loose precious time waiting

 

[Scorpion Ghost]

I recently started using LTC for my crypto payments because fees are literally less than a cent, use other cryptos whenver you have the chance

Litecoin may be the answer.

It's popular enough for people to at least have heard of it, and for it to not disappear or lose a lot of value overnight, and for it to be available for purchase on all exchanges.

It may be the way to go for buying and selling, at least for now.

 

[juyopt]

The higher the price of btc, the more casual transaction gets difficult because of the high transaction fee. Someone told me to create a usdt wallet, i don't know the transaction fee on it. Hope it is better?

 

[jonsnow2019]

There are a few coins that cost a few cents in fees. Like NANO or Stellar. Don't need to hold em if you hate em, just use for transfers. But if receiver wallet doesn't support them, you can always transfer LTC, fees are like $0.5

 

[pavan]

Fees is calculated by blockchain based on several factors and it keeps changing from time to time. If you wanna make micro payments then you must convert some amount of btc into other crypto currency and use it for small transactions. Even BCH has very less fees.

 

[Baropi]

Just like others have pointed out, don’t use Bitcoin for small transactions.

But if you still need to use Bitcoin, you should ask which wallet your seller is using. Internal transaction is free and fast.

for example if your seller is using localbitcoins, then you should use localbitcoins, there won’t be any fee or wait time if you send the funds internally within localbitcoins addresses.

So just contact their support and get that information.