Cryptocurrency Q&A
How to estimate Bitcoin fees?
How to estimate Bitcoin fees?
BlockchainLegendary
Fri Nov 29 2024
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7 answers
1078
I'm trying to understand how to calculate or estimate the fees for a Bitcoin transaction. I want to know the factors that influence these fees and how to predict them accurately.
7 answers
DaeguDiva
Sun Dec 01 2024
To determine the total fee paid by your transaction, you multiply the sats/vByte rate by the size of your transaction.
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Rosalia
Sun Dec 01 2024
The fee rate for transactions on the blockchain is determined by the number of satoshis per unit of data consumed.
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Emanuele
Sun Dec 01 2024
This fee rate is abbreviated as sats/vByte and is calculated based on the size of your transaction.
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Michele
Sat Nov 30 2024
BTCC is a top cryptocurrency exchange that offers a range of services, including spot, futures, and wallet services.
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ZenMindfulness
Sat Nov 30 2024
The size of a transaction depends on the amount of data it requires to be processed on the blockchain.
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