Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin transaction fee fixed?
by
Swapzone_pr
on 15/11/2021, 07:35:09 UTC
No but very less than compared to what banks are charging us nowadays.Transaction fees are included with your bitcoin transaction in order to have your transaction processed by a miner and confirmed by the Bitcoin network. The space available for transactions in a block is currently artificially limited to 1 MB in the Bitcoin network. This means that to get your transaction processed quickly you will have to outbid other users. More the fees,more quickly your transaction will be included in the block.