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EnglishWhat's the minimum fee that is required to send a BTC transaction in order to not get dropped?

What's the lowest that a TX will get through before it gets dropped? What happens when it drops? We see thousands of unconfirmed transactions and mempool full. Next Block Fee: $20.39 and current Median Fee: $14.86...

dextera 3 years ago
    Tags:
  • Btc
  • Bitcoin
  • Nano
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James Marcum 3 years ago
5.00 dollars
adams22 1 year ago
it depends of the wallet WE use
Mazen Elzamzamy 3 years ago Correct
the current miner fee is 0.0003 BTC, so any amount you send should be above this. i just transferred 9$ last week and it cost me 12$ to do so (I paid 19$ to have 9$ received) :)
dextera 3 years ago
Crazy man !!!
Mazen Elzamzamy 3 years ago
Yup, ridiculously crazy :) Thx for the tip ;)
Olasode 3 years ago
Minimum of $6 would be a safe guarantee.
Zero EggplantZ 3 years ago
I think it is also $6 like the other people, so I can stand by their claims.
dee 3 years ago
Right now the transaction fee is $31.14 usd.
https://ycharts.com/indicators/bitcoin_average_transaction_fee#:~:text=Basic%20Info,by%20a%20miner%20and%20confirmed.&text=Bitcoin%20Average%20Transaction%20Fee%20is,from%200.5798%20one%20year%20ago.

Current Bitcoin Transaction Fees
Satoshis/Byte USD/tx
Next Block Fee: fee to have your transaction mined on the next block (10 minutes). 122S/B 15.26$/Tx
3 Blocks Fee: fee to have your transaction mined within three blocks (30 minutes). 83S/B 10.38$/Tx
6 Blocks Fee: fee to have your transaction mined within six blocks (1 hour). 54S/B 6.75$/Tx
dee 3 years ago
https://privacypros.io/tools/bitcoin-fee-estimator/
dee 3 years ago
One more thing, if you know a miner, you can get away without paying a transaction fee.
Albert 3 years ago
Sending fee is about 3 dollars on localbitcoins.com
Claudia Torres 3 years ago
Miners spend vast amounts of computing power and energy doing this for a financial reward: with every block (a collection of transactions not exceeding 1 MB in size) added to the blockchain comes a bounty called a block reward (currently 12.5 BTC), as well as all fees sent with the transactions that were included in the block.
Mazen Elzamzamy 3 years ago
*Currently 6.25 BTC block reward (since the last halving of 2020)
Ali Hamza 3 years ago
Every bitcoin transaction must be added to the blockchain, the official public ledger of all bitcoin transactions, in order to be considered successfully completed or valid. The work of validating transactions and adding them to the blockchain is done by miners, powerful computers that make up and connect to the network. Miners spend vast amounts of computing power and energy doing this for a financial reward: with every block (a collection of transactions not exceeding 1 MB in size) added to the blockchain comes a bounty called a block reward (currently 12.5 BTC), as well as all fees sent with the transactions that were included in the block.
Ali Hamza 3 years ago
Bitcoin Average Transaction Fee is at a current level of 25.14, up from 24.26 yesterday and up from 0.5798 one year ago.
Christian Alex Pingkian 3 years ago
Based on my experienced, the transaction fees for btc it depends on the value of the btc in the blockchain, so the transaction fees are also volatile, but the current minimum tx so far is 0.0001 and I suggest if you want to transfer a cryptocurrency or any assets to your digital wallet, you try also the exchange process from btc to xrp or btc to trx so that transaction fees are much lesser to the btc blockchain fee. Thats all thank you!
rapperboy1 3 years ago
It depends on each wallet, currently I have paid 6000 satoshis although the transaction has been slow it has reached my wallet without any problem
Sannie 3 years ago
It's about five dollars
Reymart guillemer 3 years ago
Minimum of $6 would be a safe guarantee.
AHMET FARUK 3 years ago
THE LOWEST IS 7.48 MATHEMATICALLY. BUT WHEN THE CHAIN MEETS, THE ABILITY TO RISE TOGETHER IS HUGE. UNAPPROVED TRANSACTIONS AND MEMPOOL FULL LOWER IF IT GOES I'm WARNING YOU TO PAY ATTENTION
dextera 3 years ago
For real !
fered dered 3 years ago
In theory, the Bitcoin transaction fee can be 0 %. Conditions that must be met to perform such an operation:

The transaction size is less than 1000 bytes.
Each output is not less than 0.01 BTC.
High priority.

But it is almost impossible to make a successful transaction with zero commission. The demand for cryptocurrency has significantly increased the load in recent years. The minimum recommended commission of 0.0001 BTC is no longer relevant.
Sujithra j 3 years ago
With Bitcoin, however, the ideal transaction fee is determined by the amount of data that makes up a transaction. ... Another user on the platform who goes by the pseudonym Marek proposes that the ideal fee to pay is 0.0001 BTC per every 1000 bytes of data.
45akram 3 years ago
5.00 dollars
kordy5567 3 years ago
i think 5 dollars would be enough
JustHuman 3 years ago
it approx. between $6-$10
Remus 3 years ago
Cost me a little over 10$ to send all my BTC to an exchange yesterday, when i dropped this shitcoin for good and moved all i had to NANO.

For some reason, I couldn't send all the money in my wallet so on top of the 10$ tax, about 5$ got left behind and stuck forever in that wallet.

It's ridiculous...
dextera 3 years ago
It is ridiculous. BTC is broken at the moment.
Shakhriyor 3 years ago
0.0003 sts
Bolu 3 years ago
I think its fee is just 0.0003 or other you can use the crypto exchange process instead of trabsferring
Bolu 3 years ago
I think its fee is just 0.0003 or otherwise you can use the crypto exchange process instead of trabsferring
Dubem 3 years ago
It depends
Ricky Eatherington 3 years ago
5% is the lowest 110% 😁😁
innocent joseph 3 years ago
Sending fees is about 3 usd in localbitcoin. Com
Olawale Paul 3 years ago
I think it should be about $12 to be precise but will drop very soon.
Jeweiels Blucker 3 years ago
if not mistaken it is 3usd-6usd
tchawe52 3 years ago
minimun is 0.0004btc but you can exchange to xrp before to send after you can exchange to btc to pay fee 0.00005btc
Shane 3 years ago
No the minimum amount you can send depends on what is the lowest limit set by you sending wallet this can use custom fees like 5sats per byte and it will be credited within 10 days it takes low miner fees like if you send 0.00001 btc it will take a miner fee of 150 sats