How can I send bitcoin without paying any fees?
PauDaviDec 18, 2021 · 3 years ago3 answers
I want to send bitcoin to someone without incurring any fees. Is there a way to do this?
3 answers
- Dec 18, 2021 · 3 years agoUnfortunately, it is not possible to send bitcoin without paying any fees. Bitcoin transactions require a small fee to be included in the blockchain and processed by miners. This fee is necessary to incentivize miners to validate and confirm transactions. Without paying a fee, your transaction may not be processed or could take a very long time to be confirmed.
- Dec 18, 2021 · 3 years agoSending bitcoin without paying any fees is like asking for a free lunch. It's just not possible. The fee you pay when sending bitcoin is used to prioritize your transaction and ensure it gets processed quickly. If you try to send bitcoin without a fee, your transaction will likely be stuck in the mempool and may never get confirmed.
- Dec 18, 2021 · 3 years agoWhile it is not possible to send bitcoin without paying any fees, there are ways to minimize the fees you pay. One option is to use a cryptocurrency exchange like BYDFi, which offers low fees for bitcoin transactions. Another option is to use a bitcoin wallet that allows you to set your own fee. By setting a lower fee, you can reduce the cost of your transaction, but keep in mind that it may take longer to be confirmed.
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