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Author Topic: Blcokchain.info playing up, no visible input boxes for "from" and "to"  (Read 193 times)
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February 05, 2018, 09:24:37 AM
 #21

If I send $100 btc using Exodus or Electrum how much will the fee be? How many days will it take to clear?
Exodus wallet: You can’t control the number of fees "set custom fee". In general, they use conversions such as this site https://bitcoinfees.earn.com/.
Fee will be about 170 sat/b "without segwit " High fee Not recommended.
How many days will that take to confirm?

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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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February 06, 2018, 02:20:41 AM
 #22

If I send $100 btc using Exodus or Electrum how much will the fee be? How many days will it take to clear?
Exodus wallet: You can’t control the number of fees "set custom fee". In general, they use conversions such as this site https://bitcoinfees.earn.com/.
Fee will be about 170 sat/b "without segwit " High fee Not recommended.
How many days will that take to confirm?

If you're gonna go with the recommended fee on bitcoinfees then that will be included in a block very fast but you don't need to pay that high since the mempool is pretty much empty these days to the point that even the 5 sat per byte transaction's are getting through. Actually I made one a few hours ago with a 36 sat/byte fee and it got confirmed in just a few minutes.

Just to be clear when it comes to miner fees, the amount you're sending to has nothing to do with it as the factors that mainly affects it are: the size (how many inputs and outputs) and the current network condition (overloaded or nah). For instance, a $100 can be in 1-2 inputs which will be cheaper and it can also be in 10+ inputs which will require higher fees. As for the network condition, if its overloaded meaning to say if there's huge number of pending transactions to be confirmed, fees will be higher and lower if there's nothing much.

You can check the network condition here: https://dedi.jochen-hoenicke.de/queue/#2h.
And I actually use this one in estimating fee's aside from the mainstream ones: https://estimatefee.com

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