Post
Topic
Board Bitcoin Discussion
Re: Actual transfer fees?
by
mikewirth
on 27/12/2014, 16:49:50 UTC
Hey,
Just trying to figure out what the transfer fees would be for a range of sums ranging from $1000-$100,000 USD (i.e. 3.18-318.22 BTC) from wallet>wallet.

What would the lowest/highest possible fees be (or worst case/best case if you want to call it that)?

Thanks.


(I did try and google this using a range of keywords but couldn't find a concrete answer)

Lowest fee is ZERO (presently, fees less than zero are not allowed by the bitcoin protocol) for $100,000.

You can chose whatever fee you like higher than zero to improve the time (reduce) your transaction will confirm.  Pretty simple! 

If you'd like your transaction to confirm in a short time, I'd recommend at least .0001 fee.