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Author Topic: How much will the transaction fee be?  (Read 85 times)
teterunit (OP)
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January 17, 2018, 08:30:24 AM
Last edit: January 22, 2018, 09:39:56 AM by teterunit
 #1

I know that we must pay fee when we make a transaction but how much we must pay for a transaction?
javaepp
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January 17, 2018, 08:32:17 AM
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Most transactions can be processed without fees, but users are encouraged to pay a small voluntary fee for faster confirmation of their transactions and to remunerate miners.
whirlcoin
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January 17, 2018, 08:40:04 AM
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Most transactions can be processed without fees, but users are encouraged to pay a small voluntary fee for faster confirmation of their transactions and to remunerate miners.
If you don't know about bitcoin transaction fee it is better to learn first then give suggestions others.

How much will the Bitcoin transaction fee be?
There is no fixed fee for transaction of bitcoin it will be changing according to the traffic in the blockchain network if there is more transactions pending in the network already then you need to pay high fee to get your transaction confirmed quickly.
Currently there are over 200K bitcoin transaction pending on the network so the fee will be high it maybe around 0.001BTC.In some wallets you have customizable fee structure but if you set too low fee thwn your transaction will be in pending for weeks or months.
shulio
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January 17, 2018, 08:49:14 AM
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Do not send any transaction without fees. It will get stuck on the network and will never be processed. With the current congestion on the network, transactions without fees will not processed.

You can see how many transactions are waiting to be processed in this link: https://blockchain.info/unconfirmed-transactions
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