Bitcoin Forum
December 12, 2024, 02:01:35 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Threshold for tx fee?  (Read 1055 times)
singpolyma (OP)
Full Member
***
Offline Offline

Activity: 546
Merit: 101



View Profile
June 08, 2011, 06:30:24 PM
 #1

So, apparently I can't send something as small as 4 BTC right now without a 0.01 tx fee.  That's crazy!  Does anyone know about where the tx fee threshold is?
Dude65535
Full Member
***
Offline Offline

Activity: 126
Merit: 101


View Profile
June 08, 2011, 06:46:49 PM
 #2

Transaction fees are not based on the amount of BTC sent, except in the case of very small amounts to prevent transaction spam. If you received the bitcoins you are trying to send from a lot of small transactions you may need to pay a fee since that creates a larger amount of data for the network to handle. Also if you have very recently received the bitcoins you may have to pay a fee again to prevent spam.


1DCj8ZwGZXQqQhgv6eUEnWgsxo8BTMj3mT
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!