Post
Topic
Board Wallet software
Re: Stupid question: How do I calculate my BTC Transaction Fees?
by
TryNinja
on 11/06/2017, 00:25:31 UTC
It really depends on the wallet you are using. For example, I'm using Electrum and I can preview my transactions details before sending my coins, including the size of my transaction.



Which wallet are you using? You can try doing this to calculate your transaction size:
https://bitcoin.stackexchange.com/questions/1195/how-to-calculate-transaction-size-before-sending

Since you receive a lot of fragmented amounts of Bitcoin weekly, your future transactions will have a lot of inputs, which may cause the size of the transaction to become bigger, thus making you need to pay more on fees.

You can try sending your accumulated BTC to another address with a low fee that may take some time to confirm, but will make your new address pay less on fees on future transactions since it will only have 1 big input instead of multiples of 0.016 BTC.