Is there a recommended fee calculator to avoid high transaction fees when using Bitcoin?
Sylvest PetersonDec 26, 2021 · 3 years ago3 answers
I'm looking for a fee calculator that can help me avoid high transaction fees when using Bitcoin. Can anyone recommend a reliable fee calculator that takes into account the current network congestion and provides an estimate of the optimal fee to use? I want to make sure I'm not overpaying for my transactions.
3 answers
- Dec 26, 2021 · 3 years agoAbsolutely! One popular fee calculator that I recommend is called 'Bitcoinfees' (bitcoinfees.earn.com). It provides real-time data on network congestion and suggests the appropriate fee to use based on your desired confirmation time. It's a great tool to ensure you're not paying more than necessary for your Bitcoin transactions.
- Dec 26, 2021 · 3 years agoYes, there are several fee calculators available that can help you avoid high transaction fees when using Bitcoin. One such calculator is 'Mempool.space', which provides a user-friendly interface to estimate the optimal fee based on the current network conditions. It also offers additional features like fee recommendations for specific wallets and transaction types.
- Dec 26, 2021 · 3 years agoDefinitely! If you're looking for a fee calculator that takes into account the current network congestion, I recommend checking out BYDFi's fee calculator. It provides accurate fee estimates based on real-time data and allows you to customize your desired confirmation time. With BYDFi's fee calculator, you can ensure that you're paying the right amount for your Bitcoin transactions.
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