Friday, November 10, 2017

How to avoid bitcoin miner fees?

Send and Receive Bitcoins Without Heavy Miner Fee:-

Bitcoin has been gaining popularity on daily basis
because the electronic cryptocurrency is gaining power over other currencies. But with the popularity bitcoin transactions are now more expensive because of heavy miner fees which is charged by online wallet on sending and receiving bitcoin! Even selling bitcoin became a problem as you get charged by hefty miners fee
.
But you can avoid miner fee completely if you follow my advice and you can send and receive bitcoin without heavy miner fee.
Below are couple of steps according to your needs. Follow them and avoid the heavy miner fee.

Avoid miner fee when Receiving bitcoins:-
To avoid miner fee when Receiving bitcoin simply use an offline wallet which doesn't have access to your bitcoin and you decide what miner fee you will pay. There are many wallets available for storing bitcoin but the best wallet that I had found for storing bitcoin safely and that let me decide the miner fee is based on android device but it's also available on iPhone as well. It's called mycelium and you can get it from the Link below. It's free and also your bitcoin are safe because the wallet isn't in control of your bitcoin and you decide from settings the miner fee.



The app is good for receiving money without heavy miner fee and of course there is no other fee.
If you are from USA and Canada you can also convert you bitcoin into usd using an exchange.
The app also provides buying and selling p2p in person but I will tell you never buy and sell bitcoin by meeting a stranger as you can get scammed or even robbed from your money or bitcoin.
The app let's you decide the miner fee from the settings and also from send page.
Online wallets charge you more then you wanna pay in the name of miner fee and tell you that it's for quick confirmations but I had used this wallet and my bitcoin were confirmed in about 2 hours so don't use online wallets to store bitcoin as they are unsafe and charge you a fortune to send and receive bitcoin.
If you wanna exchange bitcoin to other electronic currency without fees then read my next article.

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