transfer bitcoin

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transfer bitcoin

Postby JJones » Thu Nov 09, 2017 12:42 am

I want to transfer my bitcoin from an exchange in Singapore to my Ledger Nano S. I understand the mechanics of doing this. My question is how to reduce the fees I will have to pay. Any suggestions? Thanks
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Re: transfer bitcoin

Postby DetroitMuscle » Thu Nov 09, 2017 2:33 am

Fees for transferring from exchange waller to your Nano S wallet? I'm not sure you can but I don't know much about that. Aren't the Tx fees for transferring minimal? Or set up by your exchange? I didn't think there were any major fees for transferring from wallet to wallet. Only for buying and selling/trading coin to coin...
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Re: transfer bitcoin

Postby JJones » Thu Nov 09, 2017 3:07 am

I am new to this. But a while ago I was in a coffee shop in HCMC and playing around with my wallet. I transferred $2 in bitcoin to a guy I was with. He received something like $1.5 We both were using phone app wallets. I am just nervous about the fee issue as I will be sending more that $2 to my Ledger Nano S.
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Re: transfer bitcoin

Postby upstage » Thu Nov 09, 2017 11:08 am

The marketplace you are using probably has a list of fees for this kind of operation

For example with Kraken, transferring BTC from Kraken to a BTC address - BTC withdrawal - costs Fee ฿0.00100 (no matter how many BTC you transfer), it is not something that I can change. These fees cover both the Kraken fees & the fee to miners.

When you transfer from a BTC wallet to another BTC wallet, you decide how much you want to pay for the transaction (in BTC Core wallet app on Windows, you set the fee by yourself)
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Re: transfer bitcoin

Postby DetroitMuscle » Thu Nov 09, 2017 3:30 pm

upstage wrote:The marketplace you are using probably has a list of fees for this kind of operation

For example with Kraken, transferring BTC from Kraken to a BTC address - BTC withdrawal - costs Fee ฿0.00100 (no matter how many BTC you transfer), it is not something that I can change. These fees cover both the Kraken fees & the fee to miners.

When you transfer from a BTC wallet to another BTC wallet, you decide how much you want to pay for the transaction (in BTC Core wallet app on Windows, you set the fee by yourself)


Yeah, id look up fees via your exchange. I think compared to ethereum, btc transfers are more expensive (and slower).
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Re: transfer bitcoin

Postby the seeds » Mon Aug 27, 2018 9:56 pm

Cambodian Crypto Exchange Applies for a License to Become the First Legally Certified AUG 23, 2018
Cambodian Crypto Exchange Applies for a License to Become the First Legally CertifiedPRESS RELEASES
In the Kingdom of Cambodia, it is required to obtain a license for operations of a crypto currency exchange.

At present, COINYEX Co.,Ltd ( to be opened in September) is the only one exchange that has already applied for the license.

COINYEX Co.,Ltd has officially commenced application procedures to obtain a license for operations of a crypto currency exchange.

TUX GLOBAL sdn.bhd*1, an issuer of TOUREXCOIN, has scheduled to open the crypto currency exchange (COINYEX Co.,Ltd *2) in the Kingdom of Cambodia in September 2018.

For operations of a crypto currency exchange in the Kingdom of Cambodia, it is required to obtain a license from the National Bank of Cambodia (NBC), the Securities and Exchange Commission of Cambodia and the General-Commissariat of National Police, in order to obviate risks of Ponzi scheme, cyber crime or money laundering.

COINYEX Co.,Ltd started very early application procedures for obtaining license for a crypto currency exchange to competent authorities in the country. Currently, COINYEX Co.,Ltd is the only one exchange that has already applied for the license.

Accordingly, after obtaining a license, COINYEX,Inc is going to set TOUREXCOIN as key crypto currency and deal with other various coins as well. Especially TOUREXCOIN is going to be traded in real time as crypto currency that can be used for settlement.

TOUREXCOIN stands in the significant position at the exchange since TUX platform developed by TUXGLOBAL sdn.bhd is a mechanism to be utilized for settlement. Centering on a crypto currency exchange along with a settlement agent and establishment of 1DB method, TOUREXCOIN is now finally entering into the practical stage.

TOUREXCOIN is at the final stage to be listed soon, having gone through the Private Sale, offering Pre-Sale now.TOUREXCOIN is moving forward to achieve a “cash-less town”, as crypto currency that will be available for settlement all over the world.

The opening ceremony of COINYEX is scheduled in late September at Sokha Phnom Penh Hotel in Cambodia.

*1 TUX GLOBAL sdn.bhd :

Headquarters: Kuala Lumpur
CEO: Mr. SHOJI YUSUNOKI
Business Areas: Issuance of Crypto Currency, Development of Digital Platform, Business Consultancy and others.
*2 COINYEX,Inc :

Corporate representative: Mr. YIN SOTAPANHA, who is a leadership of a number of companies such as transportation and logistics as well as restaurants in Cambodia.
Owner: Mr. SHOJI YUSUNOKI, who operates a foreign currency exchange, TOUREX in Japan.
TOUREX

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Re: transfer bitcoin

Postby YaTingPom » Mon Aug 27, 2018 11:26 pm

Where can I exchange my Envion coins for these seemingly amazeballs coins?
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Re: transfer bitcoin

Postby Miguelito » Tue Aug 28, 2018 7:09 am

A shameless plug for our advertiser that is probably the best suited to help you out with exchanges, advice, etc.

https://bitcoincambodia.com/
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Re: transfer bitcoin

Postby Spigzy » Tue Aug 28, 2018 2:21 pm

Thread ... https://twitter.com/ofnumbers/status/1032837686963331072

Synopsis:
1. Consumes as much electricity to mine coins (~50.5 billion kWh/year) as 47th placed nation, Austria.
2. Handled $70m* in payments globally in June 2018.
[bonus: * that's about $930m** less than Wing in Cambodia alone.]

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