That means, if you send two transactions, one for 1 BTC and one for 100 BTC, they could still cost the same if they are the same size. Our Bitcoin transaction fee calculator is the best way to calculate accurate Bitcoin transaction fees. Our Bitcoin fee calculator estimating an $0.43 USD cost for a Bitcoin transaction
How much does the blockchain cost?
The blockchain has its own fluctuating fee given to the network miners as a reward for processing transactions. You will also be charged this network fee, which is a minimum network fee of $1.99 for all Bitcoin purchases and a variable fee for other token purchases. The variable fee is determined by how busy the blockchain is.
What are the cheapest bitcoin exchanges?
Overall cheapest bitcoin exchanges are those which do not have any deposit or withdrawal fee so you can send your bitcoins to and from the exchange without being charged. The no trading fee model can make the regular trading activity cheaper if the spread is tight enough for the bid and ask prices on bitcoin.
What is the lowest discount level for bitcoin trading?
The usual 30 day trading volume where the lowest discount level can be reached is from $50k-$100k daily volume. Up on reaching high enough trading volume on the exchange, you can even trade bitcoins for free.
