Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: zomg lightning netowrk payment is fast as heck
by
daweller1
on 03/03/2023, 07:31:33 UTC
⭐ Merited by DooMAD (2)
I just tried another payment, about 10 bucks US,

on my 'muun' wallet it quoted a 7 cent fee

when I received the payment ( again, only took about a second ) my fee was 91 cents, and I was given a message that a new fee channel was opened for me to receive the payment.


So OK, I guess that is done to ensure a fast payment.
I am also guessing that if people don't want fees to go over a certain  amount they can set that up.

So can someone tell me... is the fee based on the amount you send?
because last night, I was playing around with sending like, a  penny per transaction, and the fee was a fraction of a penny

thanks for any info you can give