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6 posts by Ani

1 post

+2 votes

on Budzinho 10/10

New Idea To Reduce BTC Fees

I use trust wallet and have just made a £180 purchase with fees of £23 at 6:30am I know this is still expensive but had £300 in my wallet for the las…

+23

on Budzinho 10/10

New Idea To Reduce BTC Fees

https://littlebiggy.net/link/bAiyzm

--------------------------------------------------------------
So the exchange Kraken have set bitcoin withdrawal fees, usually this is not a good thing however...

In the current climate the 0.0002 BTC rate they charge (around $13) might be significantly lower than what you are quoted elsewhere.

Now obviously $13 is still not great but it is a lot better than the hundreds of dollars I have seen some Biggaz be quoted over the last few days.

It's also worth noting the minimum withdrawal on Kraken is 0.0004 BTC (around $26) and if you are a new customer you have to wait 24 hours before your first withdrawal.

Also I have never had an issue sending directly from Kraken to LB.
--------------------------------------------------------------
21/04/2024

Boooba

It took over 2 and a half years for Kraken to finally ban me after sending straight to addresses got past about 3–4 investigation emails in that time. Roughly £5,000 in transactions before they got me.

ColonelKilgore 9.8/10

I normally use Kraken, but all my BTC from sales is tied up in a separate wallet.

Losing my mind waiting for these fees to drop.

Psychonauts 9.9/10

We concur it’s definitely worth it right now thanks for the heads up :-)

MollyMillions 10/10

This post needs to be constantly bumped right now! :)

Budzinho 10/10

Then fees will come back down and in a few weeks they will be back up and it will need bumped again lol.

Thanks Molly.

Zigbull!

Just tried to send £78 for an order and the fees were £28 from coinbase to vendor, fucking joke, will try again later…

Budzinho 10/10

Yeah mate try Kraken if you can be bothered, you would be paying half of that.

Zigbull!

Waited a couple of hours and it dropped to £14 so but the bullet then

Soylifeform

Put an order in using Kraken at 1717. $265 with the Kraken fee and payment cleared at 1852.

Thank you Budz, legend 👍🏼

Budzinho 10/10

No problem, glad this helped buddy :)

PetrasB

thanks man will try Kranken

Budzinho 10/10

No problem, just a heads up though;

It will take 1-3 days for your Bitcoin purchase to be available to withdraw on Kraken.

This only applies to your first purchase though, after that there is no wait.

MollyMillions 10/10

Totally agree Budzinho, I've noticed Kraken seems to be the only one that has manageable fees... I say *managable*, and not acceptable... because it's still high IMO, but it's still somewhat tolerable to pay a 10er for a transaction.

It's also worth noting people that when you add cash to Kraken, it takes 3 days to be withdrawable as BTC. So that's something to consider if you're trying to buy product with new funds!

Hope this helps

- Molly x

thatguyforbud 9/10

Kraken to save the day

pollypuff23

Nice work Buddzy....but with those fees will the transaction ever clear or just sit around forever?

MollyMillions 10/10

Can confirm they did clear after a while for me yesterday. Longer than normal but it made it. Hope this helps!

- Molly x

daleagle1

How long did yours take? I’ve been waiting three hours now, arguably the longest I’ve ever had to wait for a transaction to confirm in a while

her9o874

Took a little less than 10 mins for my payment to be received by Transaxe from Kraken today.

23/04/24 payment sent just after Noon.

Budzinho 10/10

Glad some people are utilizing this and saving some $ on fees.

her9o874

Too right: I can't believe some of the prices & times I see people mentioning on here!

Obviously a fixed fee becomes better value, the bigger your transaction; but either way, at least you have certainty on the cost and aren't left swinging in the breeze, not knowing whether you fucked-up or the transaction is just in the queue.

Speaking of saving $, I've now made 7 buys using Kraken and paying Transaxe direct (ie no wallet). Now this is over about 6 months, so I'm not a "frequent flyer", but I haven't been tagged yet.

Having said that, I recently read on here that someone did, so "buyer beware".

Budzinho 10/10

Yeah absolutely buddy, fixed fees in normal conditions aren't a particularly good thing but right now they're a blessing.

The worst case is Kraken closing your account and you are forced to use another exchange which isn't bad risk/reward, in my opinion anyway.

Sending to an external wallet first right now is essentially not viable.

her9o874

Ha!

I agree with your "worst case" analysis, but TBH I'm just BTC-ignorant and CBA to sort out a wallet, so winged it!

But now I think about it, am I putting the vendor at any kind of risk?

Budzinho 10/10

Absolutely not buddy, risk is in your court only.

Something to note;

The Bitcoin address you send to here isn't actually the vendors address, it's the payment processor's.

So you never actually directly interact with a vendors address.

her9o874

Thanks!

Hopefully our chat has kept your initial post at the top of the page and has helped a few people to get it on without paying an arm and a leg for the privilege.

Kudos to you for taking the time to post!

Budzinho 10/10

Yeah it has kept it up there bro, I appreciate that.

When I first thought of this method it was a bit of a light-bulb moment, instantly knew this would be of great use to many here.

PS;

It cracks me up every-time I see your profile picture 😂

Have a good one buddy :)

MollyMillions 10/10

About 2 hours x

Budzinho 10/10

You aren't actually paying the Network Fee yourself, you are just paying Kraken's withdrawal fee

They send with the fee needed to be included on the next block, so yeah it will confirm, they often change their withdrawal fee to match current network fees

For reference;

https://support.kraken.com/hc/en-us/articles/360000767986-Cryptocurrency-withdrawal-fees-and-minimums

Flavour chaser

Send to cake wallet after you've bought on exodus pro, this is the best way to save on fees & stay secure.

I would not recommend sending funds straight from an exchange to LB wallets, your account will get terminated.

1 post

+2 votes

on Scully69

Fees

I’ve got trust wallet and it’s trying to charge me over £80 in fees Please explain

on Scully69

Fees

Got £104 in Coinbase. Trying to buy a bit of hash at £76. Saying not enough funds. £28 fees? Robbing barstewarfs

+10

Psychonauts 9.9/10

We remember this happened a few months ago too!! Vendors struggle just as much :-( Let’s hope Biggy moves to another coin soon!!

PhillyDawg

Just been charged £3.48 to semd £60 using coinbase. Just 10mins ago.

Scully69

Lucky you.

lewdogg

Placed 4 orders last night without looking at the charts 😔 hope the stash will last till.fees drop. Had to message a vendor or two lb needs a alt crypto or even just a stable coin. xrp payments are almost instant.....imagine. Still £55 fees for £6 of btc as of 11:30 GMT

Scully69

Fees been on or around £48 all day. Starting to do my f**king head in

klayton88

Reason I've found a different platform. Some great vendors and products here but only having the one crypto and only now trying to react to it by introducing an alrernative, while other places take LTC and a few others, it's too little too late for me.

Shananda

Apparently biggas have been asking for an alternative crypto for years, probably every time the fees are high, and nothing's happened so I think it's a case of go elsewhere if you can while the fees are high and come back when they're low again.

Nickyblaze247

I sent £230 btc with my revolut account and fees were only £15.15 highly recommend revolut bank

klayton88

You've still been had.

Scully69

I have a Revolut account. Will need to have a look

Construct

Just been chatting to blockchain customer services as i am still getting over $200 fees quoted for a $35 transaction,they told me to try later as markets have just opened and there has been a bug in the fees since the halfing event,i think they hope it will resolve itself i guess we will see.

Budzinho 10/10

https://littlebiggy.net/link/SxLqbw

Check my topic I have linked out, it will cost you around £10-15 in fees to send with this method.

Still not ideal but definitely better.

Scully69

I've just opened a Kraken account. Can i transfer funds from Coinbase to Kraken? Or will i have to spend it at Coinbase? Pretty new to this.

Budzinho 10/10

If it is crypto then you can yeah otherwise if it is fiat then just withdraw to your bank.

Be warned tho, the method I am about to state incurs some small fees although still nothing near as high as Bitcoin's network fees;

If it is Bitcoin that you have on Coinbase then use the 'convert' feature, convert into something that has cheap fees like Litecoin.

Then send all to your Litecoin address on Kraken and again convert it back into Bitcoin there on Kraken.

This prevents you paying the dreaded BTC network fee whilst transferring from Coinbase to Kraken.

Just a heads up tho, for your first withdraw on Kraken you have to wait 1-3 days.

This only applies to your first withdraw though, after that there is no waiting.

Scully69

Cheers pal. Very helpful

Mogsy12

Hi Budzinho, I have followed these instructions and opened an account on kraken app, transferred from my paxful wallet via lightning so very low fees. It has arrived on my kraken app but I can’t see where/how you send it to the vendor from there - should I have downloaded the kraken wallet rather than the kraken ap? Am worried now that I’ve done it 😑

Budzinho 10/10

https://littlebiggy.net/link/SxLqbw

You have to wait 24-72 hours before your first withdrawal mate.

Only applies to your first one tho.

Also on Kraken they call it a 'withdrawal' not a 'send' like other exchanges.

On the Kraken app > click 'portfolio' > click 'withdraw' > select 'BTC'

Oh yeah make sure you don't send your BTC here on the Lightning Network as it is not compatible.

ReefLostCause

£50 fee on a £84 transaction 😬, no thanks coinbase!

Scully69

Fees still high 11.35

888saga888

Tried to buy £33 of hashish this morning (22nd April at 06.30) and also saying not enough funds, have over £50 in bitcoin:((

Lainey

Hi went on coin base last night about 8 ish only got charged £4 in transfer fees hopefully going down now 🤑had to get meds took the chance and it was really low 🫶 still need alternative coin really 👍

Mamadadah18

28 fee coinbase today seems at slowly going down

o2trappy 10/10

Fees have minimized possibly temporary but I paid £15 in fees to move 130 I’m happy with 10% especially if the price messes about for another couple days 23/4-21:47

Scully69

Just got the fees at just under £15 for a £80 deal. Here's hoping it levels off now

o2trappy 10/10

It’s taking it’s time at 30 min tho as long as it goes through I’m happy

Scully69

Just cleared. 1hr and 15mins. Happy Bigga now

Scully69

Yeah mine's the same.

decsman

Stop using Coinbase - i stopped using them years ago - they are thieving scalping bastards. I sent £105 of BTC this morning and it cost me about £5 and was confirmed within 20 mins. There are so many options these days to buy and send BTC - people need to do the research and find better services than Coinbase.

Nairnbal

What do you use then?

her9o874

Just made a GBP200 purchase via Kraken: total of GBP13.64 to buy and send to LB.

Took a little less than 30 minutes from deposit in Kraken to being received by Transaxe.

NB My order was a little over GBP200 and I already had about £30 of BTC in Kraken, so I'd guess about GBP15 in fees if I was starting from scratch.

o2trappy 10/10

Trying to transfer £100 have £38 in fees think it’s going down but still ridiculous
23/4-11:57

Scully69

Still sky high
23/4
12:40

Manbearpig89

Hello

Been using binance from the get go to send btc, normally £4-7 fee what ever the amount is same fee...the lowest I've seen in the last 4 days is like 27..should I hold on till it lowers or use a different app ? Cheers for any advise 👍

Greenman89

Just paid £56 fees for a $99 bit 😅 07:27am 22/4, coinbase yay 🤐

Psyllium

Ah so, least urs is working? Every time I even try sending to an any address the next screen is something went wrong. Error. Been like that last 2/3 days.

Greenman89

That's weird man, Im useless with tech, sorry, wish I could help

william.com

Mine did that last week, got email at weekend to say all is good. Tried and just did the same. Using Paybis now.

Macktax

You should be able to change the BTC fee in settings before finalising the transaction. Go to https://mempool.space/ to find out the going rates on network fees, if they’re high wait 30 mins and check again. Currently for low priority it’s $7.30 and will process in ~20mins (6:15am).

Scully69

How can i change it tho

Aristophanes

Depends on how you use bitcoin.
personally I use coinbase to buy the bitcoin, then transfer to my personal wallet for which I use electrum software.
In electrum you can choose when sending a payment how much fees to pay.
As others have said you can look at the mempool.
Prices have been too high over the last few days, but will eventually return.
The last time fees were this high there was plenty of chat about an alternative to BTC on LB.
Part of the problem with the fees is that they have little relation to the purchase price - you will pay the same fee regardless of whether you are paying $30 or $300.
Bitcoin is really more of an investment tool than a payment tool.
I do hope that LB get an alternative soon, as no one sane is going to pay $50 in fees for a $30 deal.

Greenman89

I won't be using lb till fees come down considerably, especially when there's alternatives, bought a bit with Lt this afternoon and had 0.00 fees, couldn't believe it..

Babbstar1 9.9/10

Guys,

Fees look like they are coming down lowest I've seen all week. Infzct low enough to place a few orders.

Come check out full filtered range. These hash eggs are 💪💪

420thejackal

23/04 10.00 .... send £20 BTC urgent with moonpay for a bargain price of £216.13

ALTERNATIVE CRYPTO OPTION NOW !!!!!

Aristophanes

this is 08:16 on 23 april
Current rate in the mempool for quick (10 min) processing is around 160 sat/vB, 'normally' around 20.
This is not 'lowest all week', and is a bit higher than yesterday.
Looks like it will take some days to calm down.
I just paid a fee of ~£11 on ~£130, so a bit less than 10%. - this got me on the 39 minute block.
(I'm using electrum wallet which allows you to choose rate)

Aristophanes

24 April 07:30
Despite many people thinking that the rate would go down over hours or a couple of days, it looks like it is acutally increasing.
Yesterday I wrote 10 min processing was 160 sat/vB, today its 650 or ~$60 per transaction.
So it doesn't look like it is going to decrease any time soon.
Yesterday I made an order and paid about 10% in fees on ~£130, glad I did it, no telling how long it will take for things to get back to 20 sat/vB

Aristophanes

Today we seem almost back to normal, with even the 10 min processing @ 33 sat/vB or ~ $3 per transaction.
Lets hope it stays like that, and a good time for people to buy to transfer to their private wallets

25 April 08:00 (UK)

Petitefleur 10/10

I'm trying to spend dust from my referrals....160 sat is INSANE for the amount of uxto I have in one transaction. Ridiculous

Cerdin2629

Mines saying 55 :( . Literally can’t order.

Scully69

Be like this for a bit yet i think

Babbstar1 9.9/10

Coinbase wallet don't allow me to change the send rate speed for BTC only ETH

Macktax

Next time the fees are better send a couple of order’s worth of coin across to a new wallet. Trust wallet allows you to change the BTC fee and i’ve had no issues sending to LB.

Macktax

In advanced settings (highlighted below) you can set the sat/vB rate.
Go to: https://mempool.space/
To figure out what a reasonable rate is at that time. It changes drastically throughout the day so keep checking in if it’s high.

Macktax

Xanderkhan

Cheers bandit, you're the realest

Franz 9.5/10

I think fees going down slowly. I sent 1000£ yesterday and paid 55£ fees, so its not so bad

Scully69

Back at £20. Proper pain in the arse

3 posts

+4 votes

on Scully69

£189 cost £270 in wallet but saying decrease spending or increase wallet

started topic + 3 more

on Scully69

£189 cost £270 in wallet but saying decrease spending or increase wallet

Are they having a laugh that means the fees must be over £90
Absolute joke

Ani

Fees have reduced this morning(24/4/24 06:30) but still paid £23 on a £180 order

Ani

Still high but stocked up on 3 pack man vapes to weather the storm🤣

1 post

+2 votes

on Premium THC Disposables Menu 9.9/10

🎉🚨 NEW ADDITIONN 🚨🎉

Tried a lot of different 10/10, pack man and loads of others and these are up there and have just ordered another 3 The only thing I don’t like about…

on Premium THC Disposables Menu 9.9/10

🎉🚨 NEW ADDITIONN 🚨🎉

Hey Family,

We have new addition to our disposable menu: “Hidden Hills”. 4xSativa, 4xIndica, 2xHybrid. It is a test launch to see if you guys are going to like these ones!

Peace and Respect

POUNDLAND 9.9/10

Hey Family,

Thanks for your kind review on Hidden Hills, we will advise their staff on maybe to see if ceramic chamber can be implemented to reduce the clogging . We personally smoke these on a daily basis, definitely fruity and potent high!

Peace and Respect