Post
Topic
Board Bitcoin Discussion
Re: [Blockchain Classroom] Lesson 17:Blockchain transfers are actually charged by by
by
ETFbitcoin
on 07/01/2020, 09:22:55 UTC
Taking bitcoin transfer as an example, a common transaction occupies about 250 bytes, and the handling fee is about 0.001-0.0015 Bitcoin (about 20-30 yuan).

Bitcoin transaction fee usually far lower than 0.001 - 0.0015 BTC (about $8 - $12).

0.00000226 BTC (about $0.17) or 1 sat/byte is sufficient enough for most cases, unless fast confirmation is necessary.