Hi guys, please enlighten me
How long does a BTC transaction take to go though these days and is there any difference in speed depending on the amount transacted? A few days back it took 6 days for a small transaction to go through. Would it be faster if I sent a larger amount, say, 0,5 BTC or 2 BTC?
Thanks
You have to send the exact transaction fee not just 0.5 BTC or 2 BTC. A 0.001 BTC transaction might even incur a higher transaction fee than a 1BTC transaction if it had been gathering dust money that had not been consolidated. To get confirmed faster or in the next block, you need to calculate the amount of bytes that your transaction is worth multiplied by the recommended fee from
here.