Comment · Tue, May 30, 2017

Bitcoin exact amount transfer question

Original post in this thread

habanerosunrise · 2 points

When I made a ceretropic purchase (which expired after 30 minutes), I noticed that it wanted an exact bitcoin amount. I have set up a mycelium wallet which is loaded and ready. Will I be able to send an exact amount with mycelium or will some random mysterious amount be stolen by a "mining fee"/transaction fee? Is it somehow possible to use mycelium to send the exact amount requested by ceretropic?

What they were answering

Direct reply to the original post — see the thread post above.

u/MisterYouAreSoDumb

Honestly, Ethereum is better for fast transactions at the moment. The Bitcoin network is very congested, and if you don't set the fees correctly, it can sit in limbo. For your next purchase, consider using Ethereum instead.

If you use Bitcoin, be sure to set the transaction fee to a healthy amount. This site should help you figure out what that is: https://bitcoinfees.21.co/

I apologize for the hassle. The banking industry has completely screwed us. The scaling issues on BTC are just the icing on the cake.

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