I'm trying to understand why the fees for Atomic Wallet seem to be much higher compared to other crypto wallets. Is there a specific reason for this?
7 answers
Valentino
Wed Dec 11 2024
The mempool serves as a holding area for all transactions awaiting confirmation.
EchoSeeker
Wed Dec 11 2024
It contains a list of transactions that are currently waiting to be verified by the network.
Margherita
Wed Dec 11 2024
The confirmation fee for transactions increases as more of them are waiting in the queue.
Martino
Wed Dec 11 2024
When you decide to send a transaction using your Atomic Wallet app, you initiate the process by clicking the "Send" button.
CryptoLegend
Wed Dec 11 2024
The transactions in the mempool compete for limited resources, specifically mining power, to get confirmed.