How much fee are you willing to pay for a lightning transaction (per million)?
193 sats \ 5 comments \ @purpurato 23 Aug 2022 bitcoin
I understand there is a market and demand/offer etc.. but this is mostly about what do you consider a fair price to pay for a transaction to be forwarded by lightning nodes. I personnally feel 1/1000 (0.1%) is my upper limit but had many transactions that fail or get 0.2 or 0.4% if I don't place any condition. In my country there is a shitty tax for transactions and it's 0.4% which is plain thievery. I think all lightning wallets for phones should have a max fee feature.
1 and 100 69.2%
100 and 1000 (0.01-0.1%)23.1%
higher than 1000 7.7%
13 votes \ poll ended
write
preview
related posts
110 sats \ 0 replies \ @cryptocoin 23 Aug 2022
Just like with on-chain fees. If the fee is too high, I'll try the transaction later, or from a different wallet / different channel. If the transaction is time-sensitive, I'm willing to pay most any fee. With LN, I'm very infrequently been surprised to the upside on fees. But I too would like to have a configurable default upper limit (in terms of sats per million) so that I'm not finding out after the fact that my transaction cost way more than I was thinking it would be.
I do like how withdrawal on SN permits me to set the max withdrawal (in absolute terms / sats).
reply
10 sats \ 0 replies \ @DarthCoin 24 Aug 2022
In my country there is a shitty tax for transactions and it's 0.4% which is plain thievery.
But that do not apply to any BTC tx. Is only for your local currency. BTC can't be taxed, in any form or shape.
reply
0 sats \ 2 replies \ @guimozick 24 Aug 2022
Tax? And how do they know that you have made a transaction? If the wallet does not has KYC
reply
0 sats \ 1 reply \ @purpurato OP 24 Aug 2022
Not clear from my text, it's a tax on bank transactions (I still make more of those than BTC)
reply
0 sats \ 0 replies \ @guimozick 24 Aug 2022
Ok
reply