What is the average transaction fee for $100 dollars worth of bitcoin?

3 answers

• Flanagan AlbertsenSep 07, 2022 · 3 years ago
  The average transaction fee for $100 worth of bitcoin can vary depending on the current network congestion and the fee structure of the wallet or exchange you are using. Generally, transaction fees are calculated based on the size of the transaction in bytes and the priority level you set. It's recommended to check the fee schedule of your wallet or exchange to get an accurate estimate. Keep in mind that during times of high network activity, transaction fees may increase.
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• assi-assiaApr 22, 2021 · 5 years ago
  Well, it's hard to give an exact figure for the average transaction fee for $100 worth of bitcoin as it can fluctuate quite a bit. However, as of now, the average transaction fee is around $3 to $5. But remember, this can change depending on the network congestion and the fee structure of the wallet or exchange you are using. So, it's always a good idea to check the current fees before making a transaction.
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• Spencer SawyerJul 26, 2020 · 5 years ago
  According to BYDFi, a popular cryptocurrency exchange, the average transaction fee for $100 worth of bitcoin is currently $4.50. However, please note that transaction fees can vary depending on the network congestion and the fee structure of the wallet or exchange you are using. It's always a good idea to check the fees before making a transaction to ensure you have the most up-to-date information.
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