Australia's largest stock trading and investment forum Australia's #1 stock forum

Don't panic, page-59

First 59 Last

Share
Profile

Follow
Director12

23,929 Posts.

33

18/01/18

10:39

Post #: 30391963
Share

Originally posted by demoniaco ↑

https://bitcoinfees.earn.com

You can pay as much or as little as you want in fees. That website shows you the exact wait time and which block your transaction will occur in based on the fees you choose.

The fee is determined as SATOSHIS PER BYTE. The number of bytes in a transaction is about 230.
The median fee is 510 satoshi/byte which is 0-25 minute transaction time at a cost of 115,260 satoshis (0.00115260 btc) or USD$13.

If you want to pay USD$13 for near instant bitcoin transactions, then go for it.
You also have the option of paying 13c and waiting 19 hours.

The fee is up to the user.

Expand

Hey thanks, didn't know that.
1 Upvote

Reply

There are more pages in this discussion • 142 more messages in this thread...

First 59 Last