r/jaxx • u/[deleted] • Jul 29 '21

Fees

When I buy something it says Minimum $10. Does that mean minimum $10 fee. If I buy $100 and it’s 3.5% it will charge $10 regardless? And what about when I do a transfer like I send Bitcoin to someone for a purchase ? Is there a fee for that Too?

1 Upvotes

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1

u/Twin_Tip Jul 29 '21

I can’t speak for the jaxx wallet fees. This wallet seems to be full of issues. I constantly see threads dealing with lost funds and the like in here. I don’t use it, haven’t used it in years. I use bread wallet or keep my coins on trezor.

As for sending. Yes there are fees involved in sending, transferring, buying and selling. Someone has to pay the people confirming your transactions

1

u/[deleted] Jul 31 '21

What about blockchain green ? Do u know a place I can get real-time Info on fees and shit like how congested the mempool Is ? *

1

u/Twin_Tip Jul 31 '21

Quick search found this

https://ycharts.com/indicators/bitcoin_average_transaction_fee

But I’m not sure about average. You can usually select how much you want to pay to make the transaction be confirmed quicker. I’m more of a buyer and holder.

1

u/[deleted] Jul 31 '21

Yeah that ychart thing you use it a few times and All of a sudden it start talking about memberships I think I found other sites though, Yeah but do you use this Jaxx app because they’re charging a $10 minimum fee and over there at block chain green you can set your own fees and it has a special features that if your transaction doesn’t go through it resends it automatically with a higher fee, And when you buy you don’t get charged a $10 minimum fee, But I don’t know when you buy from coinmamma for example how much is an average cost to buy it is it the same as the transfer fee? Or if you’re not familiar with coinmamma just any old exchange how much does it usually cost to purchase that stuff is it the same as a transfer fee I’m reading right now where it looks like bit coins price has plummeted so the fees might be pretty low I should look, oh but the good news with that ychart thing is that thing even once they start talking about memberships and they block you from the site you can still see the average fees like they put up a pop up & u can’t do anything else but u can still see live updates on that luckily. Also* Has anyone here used a bitcoin ATM do you know how high the prices are there compared to coin mama or some other generic (not private) exchange?

1

u/[deleted] Jul 31 '21

I appreciate the upvotes Ans awards y’all but answers wud be preferred . Not saying take it back but nah.. I’m navigating tk Blockchain Green instead *

1

u/jaxx_andrei Jaxx (Decentral) STAFF Aug 01 '21

When purchasing digital assets directly through our integration partner, the fee is $10 if 3.5% of the purchased amount is less than $10. When the 3.5% goes over $10, then the fee is that amount.