[GUIDE] How to send BTC for cheap! (And stop paying $25 for withdrawals)
Hey fellas, today I'm going to share a guide on how to save a TON of SATOSHIS per btc transaction.
For the well-established crypto guys this is probably already known, but I just don't like how people keep saying that paying with bitcoin is expensive, when in reality is REALLY cheap.
Everyone knows that one can pay like 1-2 sats/vbyte, though sometimes, if you really want to move your coins fast you may want target the next block to be mined and in that case I always look at the mempool and see what kind of fee I would need to pay to just BARELY get in the next block.
It's like the cheapest way to get your tx confirmed paying the least.
I usually go to sites like: https://mempool.space/mempool-block/0 to see how much I would need to pay to get my tx in the next block.
For example, in that pic, I would first create a tx for around 1.8 sats/vbyte and if the mempool got clogged and 1.8 sats/vbyte wasn't enough to be on the next block, I would just increase the fee using the RBF feature
Also, make sure your tx has the RBF feature or else you would get stuck with the 1.8sats/vbyte and would probably take a few blocks to get it confirmed.
Hopefully this was helpful
For the well-established crypto guys this is probably already known, but I just don't like how people keep saying that paying with bitcoin is expensive, when in reality is REALLY cheap.
Everyone knows that one can pay like 1-2 sats/vbyte, though sometimes, if you really want to move your coins fast you may want target the next block to be mined and in that case I always look at the mempool and see what kind of fee I would need to pay to just BARELY get in the next block.
It's like the cheapest way to get your tx confirmed paying the least.
I usually go to sites like: https://mempool.space/mempool-block/0 to see how much I would need to pay to get my tx in the next block.
For example, in that pic, I would first create a tx for around 1.8 sats/vbyte and if the mempool got clogged and 1.8 sats/vbyte wasn't enough to be on the next block, I would just increase the fee using the RBF feature
Also, make sure your tx has the RBF feature or else you would get stuck with the 1.8sats/vbyte and would probably take a few blocks to get it confirmed.
Hopefully this was helpful