How do you ensure that you are not paying too much for a transaction, Talking about transaction fees, how many sat/byte do you use for transactions? 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?
The best way to ensure you are not paying too much for a transaction is to use a fee calculator that will estimate the fee you should pay for a given transaction. the amount of sat/byte used for transactions depends on how quickly you want the transaction to be processed, as well as the size and value of the transaction. I choose to use a fixed amount for transactions, while others may adjust the fee according to the size and value of the transaction. it is up to the individual to determine their own fee.