Bitcoin Users "Pay More" Transaction Fees - Coinvest

At this time, according to Earn.com data, "the fastest and cheapest cost" is 160 satoshi per byte. With the size of a 257 byte media transaction, the site noted that the transaction fee must be a total of 41,120 satoshi or around $ 2.

Other sources such as BuyBitcoinWorldWide, designate a transaction fee of $ 1.7 to confirm within one hour. According to Bit Consultant, users may pay too much in transaction fees due to consumer wallets because it might seem wrong to estimate inappropriate rates.

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