Hello guys
lately the fees i got from exchange and blockhain are high around 0.001 just to send 0.005 btc
so my question, how to get cheap fees for BTC? i just read that the fees also change when number of input and output different. should i use personal wallet? and if i do how much fees i should pay for every 0.001 BTC?
Thats all thank you
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Miner fees depends on the transaction size (in bytes), the amount of money you have to send has nothing to do with it, It is the output and the inputs .
I suggest using a wallet that has a dynamic fees like electrum and stop using crappy web wallets like blockchain.info and coinbase .
If you want to learn how much miner fee is appropriate for your transaction, Refer here:
https://bitcoinfees.21.co/if you don't have very much Bitcoins, I'd suggest you try somewhere like Coinbase.com as I don't they charge any transaction fees (they cover them themselves).
If you're sending an internal transaction (
coinbase to coinbase) the miner fee will be shouldered by them if its and external transaction (
coinbase to other wallet), the user will have to pay the miner fee
In the past they are shouldering all miner fees but its kinda different now:
https://support.coinbase.com/customer/portal/articles/815435-does-coinbase-pay-bitcoin-miner-fees-