Post
Topic
Board Beginners & Help
Re: Bitcoin cost
by
Bitcoinislife09
on 10/07/2020, 11:12:25 UTC
Bitcoin transaction fees can be as cheap as just a few cents and as expensive as a few dollars. It just depends how quickly you need the transaction to be confirmed. As we speak, I just had a 6 sats/b transaction, which just costed me a few cents, and it was confirmed in no time because the blockchain isn't congested; whereas sometimes you'd need to increase your transaction fees higher if you want it to be confirmed faster.
Yes bitcoin transactions are not that pricy. Honestly there are some transactions that are free from fee. Just like transactions using the coins.ph bitcoin wallet. But then if you want a transactions that is high and you want it to be quicker you may pay them for faster transactions. But natural transactions may cost only cheaper. But then bitcoin transactions are really worth it. You may have a faster and safer transactions if you would use the bitcoin transactions online which are really accessible.