You are viewing a single comment's thread from:

RE: Bitcoin Transaction Fee ?

in #bitcoin8 years ago (edited)

As far as I understand, transactions used to be very cheap (like under 1 cent). Now they're more expensive because since bitcoin is higher, and transaction fees are calculated in bitcoins, the fee itself is higher.

This discourages small transactions but if you're sending entire bitcoins the fee is probably a tiny fraction.

math.png