Post
Topic
Board Bitcoin Discussion
Re: Transaction fee.
by
bitmover
on 13/03/2023, 20:03:27 UTC
Do you increase and decrease it depending on how quickly you want the transaction to be processed or how big or small the transactions value is? Do you use a fixed amount for transactions?

You can always track the fee priority using a mempool site, like these:

https://mempool.space/

As mentioned by Charles-Tim,  fees are always dynamic and you should always look at mempool.space to get the best fee.

It doesn't matter with it is a big value or small. Transaction size doesn't depend on the value

It depends on how many people are transferring at that time, as there is a limit amount of space for transactions in a block.

If you are not in hurry, you can use a lower fee than recommended for the next block