Post
Topic
Board Bitcoin Discussion
Re: [GUIDE] How to send BTC for cheap! (And stop paying $25 for withdrawals)
by
BitMaxz
on 20/04/2022, 22:45:14 UTC
I thought that this is all about exchange where you can able to withdraw Bitcoin at a cheaper fee. Like others said exchanges with expensive withdrawal fees like on Binance its 0.0005BTC which is very expensive you can only get a cheaper withdrawal fee if you send it through another network but only other exchanges have different networks or receive them through Metamask that support other networks like BSC Bep20, TRC20 or other networks that offers cheap transaction fee.

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.

Actually, you don't need to worry about the transaction fee today because it's totally 1sat/byte it's not sometimes but the fee is always 1sat/byte.

Also, take note if you want to pay cheaper always use Segwit addresses.