Post
Topic
Board Beginners & Help
Re: How I can check the fee for now ?
by
zoaaacosta
on 17/09/2018, 21:05:06 UTC
How I can check the fee for now ? I can't understand how fees work. Is there a website where I can type the  the amount of BTC transaction and I how much will be the fee.
I found one website but there it types - it doesn't matter how many BTC you send you will get same fee. And there types that now fee for a transaction is 0.6$. It is really so low ? I don't really trust the fee can be so low
Is there a website where I can write amount of BTC I want to send and it check the fee in real time?

Bitcoin transaction fees are based on transaction size, not amount. We measure fees in "satoshis per byte" -- a satoshi = 0.00000001 BTC. Users compete for block space -- higher fee transactions get confirmed faster than low fee transactions.

This is the tool I use to check network fees. It shows how many transactions are waiting to be confirmed at various fee rates. Right now, 2-3 satoshis/byte will probably get confirmed in the next block. Earlier in the day, you needed closer to 7 satoshis/byte for the same confirmation speed.

Thanks for sharing. I think I can use this tool for my future transactions. I am always basing the fees of my transactions on the default fees in the certain exchanges or btc platforms, now I have a closer idea how these fees works.