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Author Topic: Transaction Fees  (Read 553 times)
Bothebu (OP)
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June 29, 2017, 03:17:02 AM
 #1

I am receiving one transaction per day of a very small amount of BTC (about .003).  This is going to go on indefinitely.  Today I went to move the full balance out of my wallet to a different wallet of mine.  I noticed the transaction fees were very high, since there were 12 inputs.  The standard/medium fee range was going to be .01014 to move .28 bitcoins, about $25.  That is insane!  The lowest slider setting for the move amounted to about $15.  To avoid a high number of small "inputs" in the future am I better sending them to an exchange, where they would get "consolidated" and they move them when the total is bigger?  Or can I consolidate them somehow in my Electrum wallet?   Or another idea that someone can offer?  Thanks.
Bothebu (OP)
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June 29, 2017, 03:43:13 AM
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Did not realize there was an active post on fees, please close this topic and I will report in other fee topic. Sorry.
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