How to minimise the trading fee?

[Juskopo]

How to minimise the trading fee?

[Newbie_trader]

Tips to reduce transaction fees:

1. Compressed public keys.
2. Payment batching
3. Patient spending
4. Dynamic fee estimation

[Mr. Cid]

Tips to reduce transaction fees:

1. Compressed public keys.
2. Payment batching
3. Patient spending
4. Dynamic fee estimation

Thank you for sharing this! I would definitely use one of them!

[Sendo12]

Tips to reduce transaction fees:

1. Compressed public keys.
2. Payment batching
3. Patient spending
4. Dynamic fee estimation

Payment batching is actually effective. I made a schedule on when to fund my account and I do it with huge amount so the intervals are wide. This way, fees are reduced. Unlike when you deposit every now and then, every transaction has separate fees. This becomes more costly.

[AbdulShiek]

Hmm... I like to try the public key compression.

[Mr. Cid]

Hmm... I like to try the public key compression.

What have you heard about it? Is it effective?

[Aya]

What have you heard about it? Is it effective?

Yeah, it is actually effective. You can save up by a little percent when you use public keys with smaller byte size. This also allows more to be stored in a wallet.

[Newbie_trader]

Yeah, it is actually effective. You can save up by a little percent when you use public keys with smaller byte size. This also allows more to be stored in a wallet.

Thanks! I'll give it a try next week.

[Trader_Rob]

Yeah, it is actually effective. You can save up by a little percent when you use public keys with smaller byte size. This also allows more to be stored in a wallet.

I should probably try it too next time. I have always been looking for ways to lessen my transaction costs. I hope this technique works out well.

[AbdulShiek]

I should probably try it too next time. I have always been looking for ways to lessen my transaction costs. I hope this technique works out well.

You can also try to set the schedule of your trades to control the trading cost.