What are CoinJoin fees?

However, for transactions involving coins with a value of 0.01 BTC or less, the coordinator fee is waived. This means that users can enjoy the benefits of coinjoining without incurring additional costs for smaller amounts.

Furthermore, even after a transaction has been completed, coins with an initial value of 0.01 BTC or below do not require remixing or additional fees. This policy ensures that users can maintain their privacy and security without incurring unnecessary expenses.

BTCC, a leading cryptocurrency exchange, offers a range of services that cater to the diverse needs of its users. Among these services are spot trading, futures trading, and a secure wallet solution. These services enable users to buy, sell, and store their cryptocurrencies with ease and confidence.

Coinjoining, a process used to enhance privacy in cryptocurrency transactions, involves combining multiple inputs into a single output. When coins with a value exceeding 0.01 BTC undergo this process, a fee structure is applied.

Specifically, for coinjoining transactions exceeding 0.01 BTC, a 0.3% coordinator fee is charged in addition to any mining fees incurred. This fee is levied to cover the costs associated with coordinating the transaction and ensuring its smooth execution.