Post
Topic
Board Electrum
Merits 2 from 2 users
Re: Basic SWEEP questions
by
hosemary
on 16/05/2025, 21:03:46 UTC
⭐ Merited by Abdussamad (1) ,ABCbits (1)
As I said in my previous post, the transaction fee doesn't depend on the amount of bitcoin you send. In the other words, it's not that you pay a percentage of sending amount as transaction fee.
If you make a transaction to your friend with the same fee rate as your previous transaction, your friend will receive 0.2999927 BTC.

Don't worry about the fees. You will pay a very small amount of bitcoin as transaction fee.
Even if you set the fee rate to 10 sat/vbyte (which is much more than enough), you will pay less than 2000 sat (around $2 worth of bitcoin).