Lower the transaction fee

  1. mudiko
    New Member
    Messages:
    13
    Likes Received:
    3
    Trophy Points:
    3
    December 16, 2017 at 10:17
    50 transaction fee is scary for little investors. For a bigger community we need much cheaper transactions.
     
  2. born2go
    Member
    Messages:
    16
    Likes Received:
    2
    Trophy Points:
    3
    December 17, 2017 at 01:20
    I'm newbie. Fee is fixed or not?
     
  3. BenTiko
    Member
    Messages:
    31
    Likes Received:
    13
    Trophy Points:
    8
    December 17, 2017 at 07:36
    Hi ,
    the current transaction fee is fixed to 50 XBY.
    After the coming test, the fee will be reduced to maybe zero for little investors.
    The new fee system becomes variable. It's already tested and includes extra fees for spamming ;)
     
  4. Kalash
    Member
    Messages:
    15
    Likes Received:
    2
    Trophy Points:
    3
    December 17, 2017 at 06:08
    50 didn't seem like much a couple weeks ago.
    It used to be 100. Cryptopia is still charging 75 to transfer out :-/

    But I like 0.
    0 will be important for microtransactions to become a thing. This is one of the things killing bitcoin right now - $>15 transaction fees. That won't work for XBY long term.
     
    Dmai and TreBodom like this.
  5. DeadCatBounce
    New Member
    Messages:
    7
    Likes Received:
    2
    Trophy Points:
    3
    December 17, 2017 at 07:33
    0 for micro-transactions seems like a good thing for the future of XBY.
     
  6. Arimand
    Member
    Messages:
    29
    Likes Received:
    9
    Trophy Points:
    3
    April 23, 2019 at 12:08
    TX fee has been set to 1XBY since a long time. So no fear guys, trade your coins around super cheap!!!