This weird trick could save you hundreds on BTC transaction fees
I pay less in BTC transaction fees than anyone I know. Up to 90% less in fact. I will show you exactly how in this post.
This little trick is great for when you want to send out smaller amounts of BTC but don't want to spend a huge percentage in fees. It is perfect for instance if you just acquired BTC form an exchange and want to split up the BTC but don't want to pay hefty fees. But this can be used for any Bitcoin transaction . Whether you are a big player or a faucet user.
The secret is the wallet function in a website called FREE BITCOIN JOIN HERE .
This website offers more than a wallet function but that is what I am focusing on in this post.
They do batch transactions so you pay less fees. A lot less than other wallet providers.
You can choose to send the funds "instant" (within 15 minutes) or slow which can take about 6 hours.* By 6 hours I mean the payment will be sent within 6 hours usually. Though it may take longer for the transaction to confirm on the blockchain.
It is very easy to send Bitcoin from this wallet. You simply click on the withdrawal button and choose which option. If you are making a purchase with time limit I suggest the "instant" method. if it can wait, use the slow method. Either method will save you big time on transaction fees compared to other wallets.
Of course the fees you pay will vary based on the network fees but they are far less than any wallet I have seen.The last time I did the math you could save 90% of what coinbase charged, but that percentage can vary.
I don't suggest you store your BTC here or on any online wallet or exchanged for quick transactions or to divide your BTC up into other wallets this website can save you hundreds of dollars in fees over time.. They do offer a small daily interest payment for those who keep balances. You can also secure your account with 2FA.
To set up your wallet/ join FREE BITCOIN HERE
If you would like to see a video demonstration of how to set this up, give this post an upvote and let me know in the comments. I will post the video link here once uploaded.
1st photo courtesy of pixabay.com
Regards, appreciated @bitcoinunicorn.
Interesting approach that you are doing today. This new wallet that you are recommending us apparently has its advantages. Maybe I'll do the test.
Have not you tried trying to earn the spread by making limit-orders? In this way you save on transaction fees.
All best, Piotr.
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