The transfer fee on the Ethereum network has been greatly reduced. The lowest transfer fee only costs 6 Gwei, while the transfer fee has remained high in the past two months, with several times exceeding 140 Gwei. Gas usage and the number of token transfers also dropped slightly. (Cointelegraph)
Agreement to reduce the transfer fee
Vulnerabilities were found in Electrum and Electrum-LTC. It has been fixed in Electrum-LTC 188.8.131.52. If you are running an earlier version, update your software.
Today, the chance to dig out a bitcoin block is either a big man in the mining industry or a lucky value higher than the sky, the same as buying a lottery jackpot. Fortunately, in addition to posting a message at Coinbase, we also have the opportunity to leave a message via regular transfer. Bitcoin transfer can be entered through the OP_RETURN operator code some characters, the messager only need to pay a small transfer fee, you can always want to say on the Bitcoin blockchain, viewed in the same way as coinbase message, the degree of protection is no different.
Bitcoin wallet Electrum official Twitter announced that the next version of Electrum will support Lightning online payments. Its lightning node implementation has been consolidated into the main branch of Electrum. Electrum also confirmed that the wallet will adopt a new implementation of in-house development written using Python.
Most exchanges set a withdrawal fee, which includes the service charge for the exchange's currency transfer service and the miner's fee required for the actual transfer.
The underlying data of the transaction does not include a handling fee, the input minus output is the handling fee, the handling fee is built by the miners in the coinbase transaction transferred to the miners.
Coinbase improves platform transfer capabilities to reduce Bitcoin transfer fees by 75%.
transfer fee coinbase to electrum
Ferrara, a venture capitalist, thinks that's a long way off, pointing out that converting bitcoins into cash requires, for example, a high-fee BitInstant transfer service, or a coinbase that restricts many users from doing business by asking them to provide a wealth of information that complies with banking laws.
The transfer fee is related to the activity of the Bitcoin network, so when a large number of users buy or sell Bitcoin, the transfer fee will rise
Transfer Ether from Coinbase.
Recently, some users of Bitcoin Light Wallet electrum have been targeted by a phishing window attack, which prompts users to fail to transfer money using electrum Light Wallet, and also directs users to the specified address to download the "latest version" of the wallet
Electrum is a world-renowned Bitcoin light wallet with a long history of multi-signature support and a very broad user base, many of which like to use Electrum as a cold wallet or multi-sign wallet for Bitcoin or even USDT (Omni). Based on this usage scenario, Electrum is used less frequently on the user's computer. The current version of Electrum is 3.3.8, and previous versions of 3.3.4 are known to have "message defects" that allow an attacker to send an "update prompt" through a malicious ElectrumX server. This "update tip" is very confusing to the user, and if you follow the prompt to download the so-called new version of Electrum, you may be tricked. According to user feedback, because of this attack, stolen bitcoins are in the four digits or more. This captured currency theft attack is not stealing the private key (electrum's private key is generally stored with two-factor encryption), but replaces the transfer destination address when the user initiates the transfer. Here we remind users that when transferring money, special attention needs to be paid to whether the destination address has been replaced, which is a very popular method of currency theft recently. It is also recommended that users use hardware wallets such as Ledger, and if you pair it with Electrum, although the private key does not have any security issues, you should also be alert to the replacement of the destination address.
Electrum is a well-known light wallet for Bitcoin that adds new features such as server authentication using SSL to prevent MITM attacks. So unlike other Bitcoin light wallets, Electrum cannot communicate directly with different versions of Bitcoin full nodes, and each startup connects to electrumserver to communicate, and electrum.
According to Reddit user u/normal_rc, electrum's wallet was hacked and nearly 250 bitcoins (243.6 BTCs, nearly $1 million) were maliciously stolen, according to coinelegraph. Electrum then confirmed that the attack included creating a fake version of the wallet to trick users into providing password information. Electrum responded on Twitter that "this is a persistent phishing attack on Electrum users" and warned users not to download Electrum from any source other than the official website.
Also, each transaction also needs to give the relevant node a certain transfer fee (gas), transfer speed is determined by the transfer fee (gas), the price and speed is positive correlation, is really not friendly to the player.
Virtual currency exchanges that trade bitcoins will charge a transfer fee for investor accounts that use credit or debit cards. Coinbase, the largest cryptocurrencies trading platform, charges users up to 3.99 per cent when using a credit or debit card to deposit money
After transferring your bank funds to your Coinbase account, transfer them to your Coinbase Pro account.
Coinbase also opened its doors to the Wikimedia Foundation, which provides a fee-free service to the nonprofit organization. Below is the official announcement from Coinbase.
Q9: In the white paper mentioned reserve's pass transfer fee is initially 0, but variable, early by the team to decide the transfer fee, I would like to ask whether the transfer fee is the team's own profit point, or is there other ways to make a profit?
In December 2018, Slow Fog first discovered and alerted an attacker to a messaging flaw using the Electrum wallet client, forcing an "update prompt" to pop up during a user's currency transfer operation, inducing users to update and download malware to carry out a currency theft attack, according to Slow Fog. Although electrum officials said in early 2019 that some security mechanisms would be in place to prevent this "update phishing", many users of Electrum are still in the old version (less than 3.3.4) and the old version is still under threat. However, we do not rule out a similar threat to the new version.
Dynamic . . . The transfer transaction fee of BTC, worth BTC, is only $0.10, well below the bank transfer fee.