BCH | How to Send BCH Transactions with Lowest Fees

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    idiosyncratic1

    Published on Feb 13, 2021
    About :

    As you are also using Noise.Cash and/or Read.Cash, you are earning small amount of BCH with tips that you get. However, do you pay fees higher than $0.01? If yes, you may need to check this video.

    When I first received my BCH satoshi to the Atomic Wallet, I paid $0.53 for a transaction. However, I was aware of the fact that there is a problem with it. Some of my friends suggested me to check "Electron Cash" wallet to adjust the amount of fee that I want to pay.

    Yesterday, I spent my 3 hours to be able to understand the cases of "Derivation Path" and "UTXOs" to pay fees as normal guys 😅

    While importing your BCH wallet to Electron Cash ( I used the mobile version)

    • Write your 12 words memoic phrases
    • Choose Derivation Path
      m/44'/0'/0' ( for the wallets by Bitcoin.com)
      m/44'/145'/0' (for Atomic, Exodus etc)
    • Follow the way in the video 😄

    UTXOs act like mini-wallets and you can initiate a transaction by choosing specific UTXOs in your wallets.
    I tried to keep things as easy as possible to fit in 2 minutes.
    If you have any questions or comments, leave them down below 😌

    Tags :

    crypto cryptocurrency bch ctp neoxian palnet posh

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