Get your own wallet, i've always used atomic wallet, and send to your own wallet first after buying btc from legit sites.
Don't ever send btc from legit sites to a transaxe address. A transaxe address is easy to spot and these legit websites aren't stupid.
Once you have your own wallet and you're asked that question again (if they still deal with you) put your own name down.
I use coinbase without issue (every single purchase made has been sent to the same address, my address) but many many folks have issues with Coinbase shutting them down, for doing exactly what you've done.
These websites could get into trouble aiding illegal purchases so they're just trying to cover their backs.

Thanks for the advice - I got Atomic wallet, so if I send to my own Atomic Wallet first, I can just send directly to other wallets from that with no requirements? :) I shall do that in the future, thanks.

Yes, when you buy, send to your own wallet, the one you're investing your btc into.😉
I've amassed almost a full btc right now in my wallet (according to coinbase 😉).
You can set your own fees with atomic, the more you pay the faster it clears.
Try to stay above 40 Sats, it's what the fees are called, you'll see it in atomic once you select 'set your own fees' or some such.
All the very best to you Osfos!✌️❤️

Any news on when we can expect to see changes? The BTC gas fees are seriously hurting vendors and customers. 02/02/24.

God speed and good luck.

Nice to see some change in the making. Just out of curiosity, why a stablecoin? Would it not be easier to just implement Sol as the payment token? Don't mean to be negative but it's very difficult to create a stablecoin that will continuously maintain it's peg. Is it an algo based stablecoins you guys are developing?

I did see that Circle have just released their EURO stablecoin which afaik is on Solana Chain. Could possibly be an idea to use. Would be like USDT but without having to pay ETH gas fees.

usdt solana has been around for a while, stable and smallest fees around

this is correct, usdc is also a popular usd stablecoin.

the new euro backed stable coin is a good suggestion and we are keeping an eye on it's progress.

would it be viable to add monero (or, honestly, any coin with decent privacy and transaction fees) as an alternative in the meantime? the bitcoin transaction fees have gone utterly mental recently, and it's scaring me away from the site.

They will use an existing stablecoin on Solana.

Privacy is decent and network fees will be minuscule although you will need a tiny amount of SOL in order to transact.

is it actually tether? if so how will they avoid addresses being frozen if the wrong attention ever fell on here?

Definitely would be better with BCH. I don't trust solana one bit tbh

bch was deprecated the day it was born.

Sad day indeed given it was what BTC should have been. (Could have been).

It's time will come though when people say fuck paying $XXX's in fees bcoz that is frankly ridiculous for the oldest crypto going on 16 years now...

Understandable given the number of blockchain halting episodes in recent years...although I do genuinely believe Solano to be a more robust and dependable chain now...although still nowhere near as decentralised as Cardano....which along with low fees now has a number of stablecoin options

mmm 'blockchain halting' or centralised ownership may be a better term for it.
It's shady af in my opinion, and, BCH is well.. bitcoin. Still decentralised, just the better version with bigger block size and vastly cheaper fees...

Yup. Its supposedly sacrificing the decentralisation for far higher TPS....but the fact it can be turned on and off doesn't sit right.
Can't wait to see the Cardano network properly battle tested at scale...been using some Defi Dapps and have been impressed so far.
Bitcoin Cash would be a nice option here though

If you like ADA, check out ERG, basically a BTC successor without any VC backing, fair pre-mine, ASIC resistant, POW, eUTXO etc...

they should just switch to litecoin or even better monero

tether is centralised and they can freeze addresses. There is a reason no illicit market uses tether, there are too many cons and barely any pros

To little to late for some, how many customers have been lost now!?

Ireland is like a graveyard and the UK is almost as bad.

This should of happened ages ago and now just feels like we are in a perpetual nightmare.

If they wanted different coins they would of implemented them by now. I would say at this rate we have a few weeks left of trading till we go bust.

And all the while the buyers keep throwing money at a new vendor and constantly promote that vendor without regard or any sense of loyalty to others it is just typical of the society that we live in. Where has the peanut vendor gone??

Why is no one calling this out??

It's as simple as this really, there's teenagers setting up websites for their 'NFT Projects' which have all crypto payments implemented including BTC, ETH, ADA, XTZ, SOL etc... If LB really wanted to utilize another chain or layer 2, it would of been sorted a long time ago.

I see a lot of people going on about privacy concerns etc, yet majority are using a CEX to on-ramp/off-ramp so your privacy is already out the window I'm afraid. Even BTC, to people that know what they're doing, come on it really ain't hard to follow the coin on-chain.

We are buying bits of herb at the end of the day, LB is pretty tame with the products on here so I can't imagine feds are gunna be spending resources and money to track down JimmyBois half oz he bought for the weekend. Obviously maybe a bit different for vendors though I appreciate that.

Is anyone actually able to clarify what the issue is? Is it something to do with the escrow settlements which is causing problems for implementing? Tbh it would be cool for th escrow to be a SC and just autonomously act out.

Very good points mate, most of which could no doubt be answered if the Borgs would only talk to us in more than riddles.🙄
Personally I suspect that the payment processor transaxe.com insists only on btc and to offer an alternative means a departure and a whole new processor which is blowing noodles.
Just a hunch 🤷‍♂️

Yeah the cryptic riddles and communication could be a bit better!
Must be something like that, all I can think is that it's moreso to do with transaxe side of things. But then again speaking as someone who has very little knowledge on coding, even I can create a SC that receives payments, distributes under certain parameters/conditions, creates information functions etc.. It'd be simple ASF don't get me wrong, but I really don't think this would be hard at all for someone that is clued up on it.

You could probably even copy and pasta the template lol

It seems to of gone quite there was talk about it in December.

Yes you are right with the next generation of quantum computers and AI most sites are going to become even more vulnerable.

29/01/24

I find it astonishing that they're happy for buyers to go elsewhere. I use another platform now and pay in LTC, £100 costs me about £3 to buy and less than 1p to transfer which is completed in less than 20 minutes. Its a real shame as I love LB but I'm not willing to pay through the nose for the privilege when there are very much comparable market places, that accept 3 or 4 payment methods.
08/02/24

Good work guys. Have we any rough ETA's of when implementation will be? Wish I could help but I not very computer minded.

Have you got any links to your current works?

Any chance of an update on this blockhead?
17/02/24

Saw something recently on a completely random topic from transaxe saying this is all still months away from implementation

to me it still feels like the seemingly intentional vagueness of it all is a bit odd, and not really aiding progress
17/02/24

The more payment methods the better in my opinion but i get how hard it is to restructure these things.
Pity the evil overlords wont let you guys just use Fiat payments would be cool if i could just buy using the good old British pound.

Yet there are other clear net sites that do just that- give the option to pay in £££...why are they not bothered I ask myself?

Good to hear lets just hope it is as stable as BTC with price fluctuations would be good for vendors while we are waiting to be paid out to have the facility to switch into stable.

22/12/23

🙌🏼🙌🏼 thank you!!!!

Any updates on this?
I along with many others, no doubt have had to resort to other sources that accept other crypto (ltc) with practically no fees, I love LB but when I can save a small fortune, I'm spending my crypto elsewhere.

What sort of timeframe are we looking at for a move to using a different coin .. we need it now more than ever .

All the best LB Famo 💪💪

Who's "we"?

Need a different currency, these fees are boosheet

This 👆

Exodus tried to take a tenner to send around £70 last night, I manually reduced the fee slightly and now the transaction has sat for 14 hours without being confirmed. Also the cost to buy btc is super high, I’m paying at least 10-15% on every purchase

I went to buy £22 worth of bitcoin on bitylicious 2 nights ago but they were going to charge me £28 altogether. No chance. And exodus was showing around £7 for network fees so i didn't bother with that either. I then went on my new kraken account and £22 of bitcoin cost only 44p in kraken fees so I bought the bitcoin there and sent it straight to LB. The network fee from kraken to LB was £1.50

On the Web version of exodus u can set your own fee.. so a few days ago I set the fee at £3 to send, after 3 hours it didn't send so I used the £2 I had left in my wallet to accelerate the transaction and it went through within 10 minutes

The fee inflation is correlated to BTC/USD volatility.

Give it a couple weeks and fees will be back to manageable prices.

i noticed the mempool backlog last night and today is worse, insane fees are needed right now.

Just had to pay £6.50 to transfer BTC from the exchange to my own wallet then another £8.50 in fees to transfer coin to the vendor! £15 fees for a £100 purchase! Appears to have gone through ok though.

Like the Deya reference 🤘🍻

I also just paid some ridiculous money for a transfer. 😄 Part of life every few months it seems

Ridiculous BTC fees at the moment. 9th Nov 2023.

The mempool isn't even half as congested as it was couple months ago, those fees tho, not looking forwards to putting order in tonight at all, never seen it so bad ever.

It looks like it's lots of large transactions currently. Something is going on? Been like this for a week. It's about 170+ sat/vB for the last block before confirmation currently.

In the last week btc has rocketed from 28k to 35k, will be due to this.👍

I just spent 205 pounds, and after sending to my own wallet i'm left with around 185.
After i make my purchase here i'll have spent around 35 quid on fees tonight.
so my 205 has turned into around 170

Properly sucks, that. But then I suppose it’s a bit like weed droughts of old. Where you’d pay stupid for ropey. 🤷‍♂️

A £30 cart just cost me £45. I wasn’t even going to buy it. Impulse buy cause I hadn’t had a cart in a while.

i was gonna go for a 4 pack of carts, looks like thats off the table now.😁

That’s ridiculous what kind of payment system is this.

I’m the type of person who will bring my own bags 4 life to Tesco and Poundland so hell to the no, hitting up the local hash dealer for some inconsistent hash!

This was through Revolut. Who aren’t the cheapest. But you budget for it and the convenience and ease is great.

This isn’t Revolut’s fault though. (Or any exchange/wallet/solution) It’s the coin. It’s totally unstable. There has to be a better way.

I believe LTC was nominated as the new currency but that was like over a year ago and no update since

That's seriously painful, isn't it?

Just paid £15 in fees on a £25 order. Frickin’ crazy.

But you'd have paid the same for a £500+ order. The system is stacking to favour high value transactions as these are paying fees of $1k+, so they want things moved ASAP.

For sure seems that way doesn’t it. It remains to be seen if the order goes through at all.

The way it's going currently mate if anyone has an option of fees to send then go with the highest. The lowest will be continually outbid and will take days to confirm.

It went through in about 20 minutes.

Would have been nice to have the option to select longer time = lower fees. Rather than have that selected for me.

It’s probably a setting in my app to be honest.

Longer time = lower fees is a usual option, but with this volatility I don't know if that's a reasonable option. I think it's currently high fees or no confirmations. The amounts being sent are insane.

mempool.space

Was over 140 sat/vB moments ago and has come down to 111 sat/vB in block currently being processed. Just crazy.

Got messed up by it on Tuesday but got order through in 2 hrs. Fees kept going up and up and pushing my transaction back in the queue.

Def worth checking mempool before making a buy to see where to set the fees. Hope it clams down soon, as it makes it near impossible to buy.

Have you clicked on that final block then looked at some of the largest transactions? Millions are being shifted in single transactions currently. Some of these wallets have had throughput of 20k+ Btc... They're paying fees of thousands of dollars to get these transactions priority in the blockchain.

Yes I saw that the other day, eye watering amounts! Imagine how many times you'd re-check the wallet address before pressing Send on a transaction like that!

The last block processed at 161sat/vB and contains many multi-million dollar tranactions.

The mind boggles at what's actually going on. I was reading earler about some BRC_20 token that was btc linked and causing blockchain delays, but that was back in May.

The transactions in the final block awaiting confirmation ranges from 122 to 1440 sat/vB! Something is definitely going on as all of these huge transactions are bumping the regular transactions back into other blocks and they're never getting confirmed. Been going on for a week or so and just getting higher and higher. So May must have been when I was thinking of when this last happened?

This article maybe explains it best.
The highest fee I saw just now was a massive 2,014 sat/vB.
If you keep getting out-bid by people like this, it doesn't leave much room for us lowly Biggas!!

Great info in this comment 👆

I wish I had more of an idea of how it works. I’ve got £400 order to lb been pending since to 5th 🤬

I've just made a purchase, and my bitcoin vendor said the network is in a mess at the mo....

I've had payments with fees of 21 sat/vB awaiting 1st confirmation for 8 days now. It's a nightmare. It was 104 sat/vB for high priority last night. Ludicrous. Higher than it was about 4-5 months ago when it last went haywire.

Hi all ive used Bittylicious for bitcoin for almost 4 years.only recently I made an order for around $50 .and my fees were only £3.50ish. always around the same sort of fees.even an order of around $80 like i did 3 or 4 weeks ago.fees were Only about £5+. Seems like its who you use? Is charging high fees

I get a consistent 3% or so in fees buying from Bittylicious, but the huge fees are the ones to get that sent from your wallet to Transaxe as usually you can fund around 3-5 sat/vB and it sails through in well under an hour, but now the fees are around 110 sat/vB for priority which is around $5.

I don't even have a wallet.never used 1. Any coins I buy go directly to Transaxe.so no extra fees included .always under a fiver
. Never had any high fees with Bittylicious.thats why stuck with them for 4 years.

How can you see where your transaction is at? I’ve had my payment pending since the 5th. I’d quite happily pay a little extra to get it through. I’ve actually made 2 purchases since they have gone through and the biggest one is still waiting.

Hey Colin. If you click on the link (save it, it's handy), get the transaction ID from your wallet for this transaction and cut and paste that into the search bar on the link. It'll give you a visual representation of where the transaction is sitting in the blockchain, and how long it's likely to be before it's confirmed. If yours has been this long mate I doubt it will be confirmed with a bump in fees as it's around 305 sat/vB currently on 18/11, which is insane.

Don’t suppose you know how long or even if it is possible, for the transaction to fail or be returned? Or is it just a case of waiting. 2 weeks today.

Apparently it depends on the node that it's being processed through, but a high proportion are set up with a default of 14 days before being purged, at which point it should return to your wallet. Saying that, I had payments sent from Transaxe that took over 28 days to confirm, but they did eventually.

The fees are ludicrously high currently mate, so everyone started paying more and more in fees, so yours and thousands of other transactions have been bumped so far back that in the current situation they'll never be confirmed, hence the purging.

Thanks bud, I do appreciate you taking the time ✌🏼

It's no problem at all. You seem sound, Colin, and community-centric. A true Bigga. Hope those referrals stack up for you mate.

It's really complicated though, isn't it, even if someone is technically savvy? I've only been seriously working this out since April, and I feel I've barely scratched the surface of how this all works. If it costs me money though you can be assured I'll try to work out how it can cost me less.

If purchasing from 2 different sellers at the same time in the same shopping cart, will it keep the network fees down and would it still go through properly to the sellers? As youll only have one bitcoin senders address and one bitcoin price to copy and paste into your wallet for the transaction. Cheers for the advice guys👍🏻

Yes that's the way, i had an order from 4 vendors last night, all done in one, luckily.
I was up this morning at 6am and i seen the fees had dropped considerably since last night, looks like it's creeping back up tho.

OK, cheers mate. Will have a look now👍🏻

vote with your feet mate. I only use 3 vendors on this site that I know have responsive comms and professional service. why risk trying anyone new, certainly why risk using anybody thats fucked you about in the past?

gassed, thehashcollective, dr green thumb - try these guys if you dont want to be let down

its just disappointing from people that claim to be professionals.

In waiting on 4 oz apparently sent next day delivery Monday. I've had nothing, hoping it will arrive tomorrow. Is this vendor known for not actually sending items then?

Oh yes, and potentially worse for your scenario, they regularly substitute products ordered for something completely different.

Well I have to say, the items arrived. They weren't sent special delivery which caused confusion but I did get exactly what I ordered regarding product and it all looks good at first glance

hopefully thats the case with me but would be nice to know lol

I ordered from them yesterday and was marked as sent yesterday.

$34,402

Thank you as always GC <3

Hi zz87..how you doing 👍.just seen the result of the competition . Looks like you and few others were so close my friend 🥴🥴.

haha not close enough! but its all good I ordered some Black Cherry Gelato and some Silver Bubble anyway lol! :D Big up the winner and big up Green Cat! A generous giveaway from a great seller! :)

34386.11 big oop cat

Hey jake the fake wow.how close was your guess 🥴🤔

Wow, looks like I won by 0.09 the difference, definitely my lucky day👍🥂✌️

$34.550

COMPETITION CLOSES ON 29TH OCTOBER 11PM.

Nice one Green Cat, very generous. When does this close?

I knew I’d forget something lol! Competition closes 29th October 11pm. Good luck mate!

$33,977 dollars.

Very generous nice one GC 👊👊
Good luck everyone but mostly me!
$36420

35011

$34509 here's praying

$33875 ;)

37752 my man, give it already i know I've won 😂😂

$34,167

Did anyone win this?

$34,391
🤞

Congratulations Booboo you are the winner! According to Coinbase the BTC Price was $34,388.60 30th October 9:00 am which makes your guess the closest! I have sent you a message Booboo don’t worry everyone else there will be another competition coming next month just before Christmas!

YEAH BABY 🥂🥂🥂🥂🥂
I fucking love littlebiggy and you vendors, especially Green Cat👍

Congrats Booboo enjoy mate 🥳

Congrats Booboo!

🟣🟢👊🏻

Congrats to Booboo the lucky winner 🥇 don’t for get to let us all no what you pick and what it was like so we can be even more jealous haha 😜

👀
Oh my GOD, did I win, it was $34,394 when I looked at 9am.
I'm ready to book 2 day's of work,
OH MY GOD🤪

Did you win? Wasn’t sure if it was drawn but congrats 👍

Don't know mate, nothing confirmed. It could be you if not me, I've not looked at everyone else's, yet😬😁

$34,410 good luck all 🤞

Im guessing $34558